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Freddy's Frozen Custard and Steakburgers 9901 Orlando St 3,112 SF Retail Building Machesney Park, IL 61115 $1,500,000 ($482.01/SF)



INVESTMENT HIGHLIGHTS
- Newly constructed in 2022 with modern design and full kitchen.
- Located in a high-traffic retail corridor with 20,100 VPD on IL 173.
- Surrounded by major national retailers and strong consumer demand.
- Two-lane drive-thru for maximum operational efficiency.
- Positioned in a TIF District with potential tax incentives.
EXECUTIVE SUMMARY
This prime free-standing retail property offers a rare opportunity to acquire a modern, fully equipped drive-thru restaurant in the thriving retail corridor of Machesney Park, Illinois. Built in 2022, the 3,112 SF building sits on a 0.69-acre lot and features a two-lane drive-thru, a fully equipped kitchen, and inventory included in the sale. The property is strategically located with traffic light access off IL Route 173, which sees approximately 20,100 vehicles per day, ensuring excellent visibility and accessibility.
The surrounding trade area is robust, with a population of nearly 279,000 within a 10-mile radius and a median household income of $74,244. The property is positioned in a strong retail node anchored by national brands such as Ross, Ulta, Michaels, TJ Maxx, Old Navy, Famous Footwear, Mobil, Lowe’s, and Kohl’s. Located within a TIF District, this asset offers potential tax advantages for investors.
With immediate possession available, this property is ideal for an owner-user or investor seeking a high-quality, income-producing asset in a dynamic retail market. The combination of modern construction, strategic location, and strong demographics makes this an exceptional acquisition opportunity.
The surrounding trade area is robust, with a population of nearly 279,000 within a 10-mile radius and a median household income of $74,244. The property is positioned in a strong retail node anchored by national brands such as Ross, Ulta, Michaels, TJ Maxx, Old Navy, Famous Footwear, Mobil, Lowe’s, and Kohl’s. Located within a TIF District, this asset offers potential tax advantages for investors.
With immediate possession available, this property is ideal for an owner-user or investor seeking a high-quality, income-producing asset in a dynamic retail market. The combination of modern construction, strategic location, and strong demographics makes this an exceptional acquisition opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,112 SF
Building Class
B
Year Built
2022
Price
$1,500,000
Price Per SF
$482.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Frontage
149’ on West Lane Road
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-20-181-026 | Improvements Assessment | $379,961 |
| Land Assessment | $148,394 | Total Assessment | $528,355 |
PROPERTY TAXES
Parcel Number
08-20-181-026
Land Assessment
$148,394
Improvements Assessment
$379,961
Total Assessment
$528,355
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Freddy's Frozen Custard and Steakburgers | 9901 Orlando St
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