10348 Addison Ave - Restaurant FOR SALE


Franklin Park, IL 60131
$1,250,000 USD
847-495-5000
10348 Addison Ave, Franklin Park, IL for Sale
$1,250,000 USD
Restaurant - FOR SALE
1/8
null | 15.92% Cap Rate

10348 Addison Ave
Franklin Park, IL 60131


HIGHLIGHTS

  • Established in 1960 - Turnkey operation
  • 2am liquor license & bar with video gaming machines generate extra revenue
  • Well established with potential for upside revenues
  • Parking lot included (across the street - pin #'s 12-21-300-001 & 002)

OVERVIEW

Famous Neighborhood gem. Long time family owned business - Full service deli with pizza, pasta, catering and much more. Bar and restaurant area with video gaming and 2am liquor license. Two residential units on second floor for extra income. Building and 60+ year old established business -Very Turnkey operation - ready for a quick sale.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

15.92%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Al & Joe's Foods & Liquors, Inc.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,987 SF

ZONING

R- 2

APN/PARCEL ID

12-21-105-028-0000

ASK ABOUT THIS PROPERTY

Mark ZatzHomeSmart Connect LLCMore Info
847-495-5000

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Mark ZatzHomeSmart Connect LLCMore Info
847-495-5000

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