MORTON GROVE FREESTANDING RESTAURANT | PRIME A+ HARD CORNER SITE

Business Opportunity for Sale
Also listed as Vacant Land, Retail-Commercial
Catylist Listing ID: 30438907
Property Subtypes: Food and Beverage
Building Size (RSF): 8,017 SF
Gross Land Area: 1.02 Acres
Sale Price: $1,625,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 7/31/2019

Overview / Comments

LOCATION, LOCATION, LOCATION!!!

* 8,017 SF Freestanding Building in Excellent Condition on a 1.02 Acre Site.
* Rare Full Size Basement for Extra Storage!!!
* Real Estate & All FF&E Included in the Sale.
* Turnkey Operation Opportunity or Bring your Own Concept.
* Excellent Investment or Owner/User Opportunity.
* Prime Site for Redevelopment Opportunities.
* High Profile Hard Corner Signalized Stoplight Intersection Site Offering Outstanding Frontage, High Visibility Site, Access & Exposure on Waukegan Rd (Major North-South Arterial).
* High Traffic Counts at your Footsteps - 38,750 VPD
* Excellent Northern Suburban Location.
* Close Proximity to Golf Mill’s Shopping Center, Mariano’s Retail Development Site, Metra Station & ITW Business Office Park.
* Prime Location, Situated on Highly Trafficked Stretch of Waukegan Road Commercial Retail/Office/Medical Corridor w/ tons of Nationals.
* Area National Tenants Include: Mariano’s, Walgreens, Audi, McDonald’s, PNC Bank, Charter One Bank, MB Financial Bank, Subway, US Post Office, Just Tires to Name a Few.
* Easy In & Out Access onto Waukegan Road & Beckwith Road.
* Densely Populated Dynamic Trade Area w/ Strong Outstanding Demos.
* Ample Residential Rooftops Surround Site.
* Abundant Parking.
* Monumental Street Signage Available.
* Minutes from & Easy Access to Golf Road, I-294 & I-94.
* Approximately 18 Miles North of Downtown Chicago.
* Priced Below Replacement Cost!!!
* Priced to Sell!!!

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Cook
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,728 178,555 457,074
Median Age: 45.54 43.57 43.51
Households: 4,978 67,154 173,755

Contact

Photograph of Listing Agent

George Spirrison, CCIM

Adelphia Properties
ICEx Member
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