$195K NOI | Sunrise Social Restaurant | Chicago MSA

$750,000 Starting Bid

Auctioneer: Scott Bowers

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: 040000273

• Outparcel to Chicago's #1 Retail Center: Algonquin Commons draws 5.2M+ annual visitors across its 60-plus stores and restaurants.

• 2007-Built Site, New Dec 2025 Restaurant: The 7,554 SF freestanding building on 1.36 acres welcomed the tenant’s grand opening in Dec 2025.

• 10-Year Lease with 6-Unit Restaurant Group: Savant Restaurant Group signed a brand-new 10-year NNN lease backed by personal guarantees.

• Contractual Rent Growth Through 2035: 3% annual increases lift base rent from $194,516 today to $246,406 by the final lease year.

Brokered by Friedman Real Estate and powered by RealINSIGHT Marketplace, 2561 County Line Rd in Algonquin, IL is a single-tenant restaurant outparcel to Algonquin Commons, the #1 visited retail center within a 15-mile radius with 5.2M+ annual visitors. The 7,554 SF freestanding building, built in 2007 on a 1.36-acre lot, recently welcomed Sunrise Social Cafe's relocation and December 2025 grand opening, with direct frontage along Randall Road (±34,000 VPD). The asset is secured by a brand-new 10-year, triple-net (NNN) lease with 3% annual rental increases to Savant Restaurant Group, Inc., a six-unit Chicago-metro operator, backed by personal guarantees and with the tenant responsible for roof and structure. The lease's built-in escalations grow base rent from $194,516 today to $246,406 by the final lease year, delivering contractual income growth over the full hold period. The surrounding trade area is dense and affluent, with 150,000+ residents and $154,000+ in average household income within 5 miles, and sits along the Randall Road corridor, the premier shopping, dining, and entertainment district in Chicago's northwest suburbs, with Lennar's incoming ±250-home Algonquin Meadows community adding further rooftop growth nearby.

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