NNN Pro is pleased to present the exclusive listing for a IHOP located at 948 Dundee Road, Palatine, Illinois 60074. The site consists of roughly 2900 rentable square feet of building space on an estimated 0.51-acre parcel of land. This IHOP is subject to a 20-year Double Net (NN) lease, which commenced 3/27/2025. The current annual rent is $154,350 and has scheduled increases of 10.00% Every 5 Years.