Baum Realty Arranges $4.2 Million Sale of Single-Tenant McDonald’s in Suburban Chicago

by Katie Sloan

Schaumburg, Ill. — Baum Realty Group LLC has arranged the sale of a single-tenant net-leased McDonald’s in Schaumburg, a northwestern suburb of Chicago, for $4.2 million.

Patrick Forkin, Brad Teitelbaum and Allen Joffe of Baum Realty represented the seller, a national tenant-in-common group with over 45 investors, in the transaction. Baum Realty Group procured the buyer, a private East Coast investor, prior to the construction of the McDonald’s restaurant. The new 20-year ground lease features rent increases every five years.

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