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17601 Halsted St
Homewood, IL 60430

$3,100,000 USD

Fast Food For Sale  •  2,608 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,478 SF
• Lot Size 0.73 AC
• Building Class C
• Year Built 1988
• Cap Rate 5.00 %
• Tenancy Single
• Zoning B-4

40 Transit Score

40 Walk Score

Highlights

15-Year NNN Ground Lease Featuring 7.5% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2026 Construction.

Highly Accessible Drive-Through Configuration - the Site Benefits from Direct S. Halsted Street Frontage with Strong Ingress and Egress.

With More than 900 Locations, Raising Cane's Achieved Approximately $5.48 Billion in 2025 Systemwide Sales - a 10.6% Increase Year-Over-Year.

Immediate Proximity to I-80 and I-294 Interchange - Situated Just South of the I-80/I-294 Interchange, Providing Instant Regional Connectivity.

Positioned on Homewood's Dominant Retail Corridor - Located on S. Halsted Street - Homewood's Primary Commercial Corridor.

Cap Rate:

5.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Raising Cane's	3,478 SF	12/31/2041

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hazel Crest (Metra Electric - Metra)	7 min	-	2.5 mi
Calumet (Metra Electric - Metra)	8 min	-	2.9 mi
Airport	Drive	Walk	Distance
Chicago Midway International	32 min	-	19.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	43
Type:	Surface
Included in Rent:	Yes