10331 S Roberts Rd - Restaurant FOR SALE


Palos Hills, IL 60465
$775,000 USD
630-330-3352
10331 S Roberts Rd, Palos Hills, IL for Sale
$775,000 USD
Restaurant - FOR SALE
1/8
null | 7.6% Cap Rate

10331 S Roberts Rd
Palos Hills, IL 60465


HIGHLIGHTS

  • ±3,200 SF Turnkey Restaurant and Patio on 0.60 AC
  • 100% Occupied Restaurant | Single Tenant | 5-Year Lease
  • Recent Renovations | Plenty of Parking
  • Expanded Bar | New HVAC System
  • Pylon Signage | Frontage on Roberts Road

OVERVIEW

100% Occupied Restaurant with Patio For Sale SVN Chicago Commercial is pleased to present a ±3,200 SF Free Standing Restaurant including Patio located at 10331 S. Roberts Road in Palos Hills, Illinois. This investment opportunity has a new operator, Hadhramaut Palace, with a 5-year lease and renewal options. Indoor capacity for 150 and a picturesque outdoor patio that seats approximately 180. This is their third restaurant location. Numerous improvements include an updated kitchen, hood, HVAC, roof, bar, plumbing, patio fireplace, entertainment system, restroom addition, parking lot, and digital signage. Onsite parking lot with 28 surface spaces plus and next to City Hall. Palos Hills is a city located within Cook County, approximately 26 miles south of Downtown Chicago. The City of Palos Heights is well-positioned within the Chicagoland area having excellent access to the Interstate System, two Metro Stations, and Midway Airport.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

B1A

APN/PARCEL ID

23-13-102-080-0000

ASK ABOUT THIS PROPERTY

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.