It depends on whether you meant McDonald's or McDonalds'.

If you are referring to one restaurant or the collective entity (i.e. corporate), then you should use is.

If you are referring to multiple restaurants, then you should use are.

Anyone in the suburbs taking it in the next couple months want to start a study group? I live in palatine, work in libertyville and spend a lot of time in the glen ellyn area, so im pretty open in terms of locations. Let me know.