Freestanding Restaurant Sought-After NW Suburb - Property For Sale!

Asking Price$950,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&E$250,000
Included in asking price
Building Sq. Ft.5288

Price per Sq. Ft.Not Disclosed

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Freestanding Restaurant Sought-After NW Suburb - Property For Sale!


Asking Price$950,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&E$250,000
Included in asking price
Building Sq. Ft.5288

Price per Sq. Ft.Not Disclosed

Property Description
Bring Your Concept Here - Location, Location, Location!!!
Popular long-established pancake house and lunch cafe. Offering all-day breakfast/brunch and traditional comfort food.

Full-service restaurant. Dine-in, carryout, pickup and 3rd party delivery.

Features high ceilings, exposed beams, expansive windows, a spacious dining room, large wait station and fully equipped commercial kitchen.

Long established restaurant location over 47 years. And with the current operator 14 years.

Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Business is not for sale - no financials.

This exceptional restaurant opportunity offers a turnkey operation in one of the most business-friendly communities in the United States.

Also, a rare opportunity to acquire a proven restaurant location together with its real estate in a sought-after northwest suburb. With a fully equipped kitchen, established location and strong surrounding demographics, this property is positioned for continued success.

Plus, an incredible opportunity for long-term real estate appreciation.

Bring your concept here! Can also add gaming!!

Prime retail space in a large one-story freestanding building with ample parking on one of Chicagoland’s most stable and densely populated northwest suburban corridors.

Perfectly situated in a busy plaza with a diverse tenant mix and easy access at the signalized intersection of two high traffic routes.

Well positioned on a major thoroughfare and a dense commercial corridor with excellent street exposure, high visibility and strong traffic flow (22,000+ VPD) close to the interchange of two major interstates.

And strategically located in the village’s massive business park and vibrant industrial hub, surrounded by corporate offices, logistics facilities, industrial parks and hotels.

As well as surrounded by a dense residential and established retail/service area, close to homes, schools and local businesses.

Plus, just 5 minutes from two Metra stations and less than 15 minutes from O’Hare International Airport.

Competition/Market: Fully built-out. Spacious dining room. Versatile space for any type of restaurant. Efficient set up for high volumes. Conveniently located on established retail and service corridors with excellent commuter visibility and high traffic counts, plus access to regional expressways. Benefits from strong surrounding demographics. Sits within a mature residential and commercial trade area that consistently supports restaurant operators.

Growth & Expansion: In a sought-after northwest suburb. Within one of the most stable municipalities in the northwest suburbs. On two dense suburban commercial corridors. In the heart of a robust business and industrial market with a significant nearby employment base. Plus, surrounded by a dense residential area with a population of over 90,000 with a median household income of over $95,000 within a 3-mile radius.

Location, location, location!!!

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.

Listed By Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC
About the Property
Type
Retail
Building Status
Established
Facilities & Assets
Owners Role: Absentee owned and operated.

Square Feet: 5,288.

Seating: 200+ Inside.

Year Established: 2012.

Property Information: One-story freestanding building. Built in 1979. On .61 acre or 26,272 sqft. Class C. Zoning B-2. $1,200 plaza parking lot maintenance fee.
Location Description
* Out-lot Of A Busy Plaza
* At A Signalized Intersection
* On A Major Thoroughfare/A Dense Commercial Corridor
* Within A Massive Business Park/Vibrant Industrial Hub &
* Surrounded By A Dense Residential Area
Current and Prior Use
Pancake House & Lunch Cafe
Year Built
1979
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
No.
Current Property Expenses
Real estate taxes $44,317.
Listing Info
ID:
2468309
Listing Views:
Attached DocumentsAttachment Disclaimer

Brokerworks Business Information.pdf


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Property Listed by: Tom Traina EatZ & Associates

Listing ID: 2468309 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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