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Off Market
1/27

1215 Blackhawk Dr
Dekalb, IL 60115


HIGHLIGHTS


OVERVIEW

Beautifully constructed restaurant located in the heart of NIU’s Greek Row!  Completely remodeled in 2011 with two full bars, main floor dining room, lower level private banquet room and outdoor patio…this facility comfortably seats over 500 guests.  Centrally placed on a 1 acre lot (75 parking spaces) within DeKalb’s Opportunity Zone makes for an attractive tax deferral situation for any new investor/owner.  NIU’s “Greek” population consists of 44 sororities/fraternities  with a total of 1,600 affiliated members.  This ever growing population of NIU’s Greek community provides for a consistent stream of potential patrons.  While successfully operating as an Italian restaurant for the past 8 years, this property can be converted to many other restaurant/bar concepts.  With the housed fraternities/sororities members being within walking distance to this establishment, it would provide the students with a safe convenient location to unwind after a long day of classes.   In addition to the restaurant space, a 1,500 square foot apartment is attached to the rear of the building.  All furniture, fixtures and equipment are included in the sale, this property is in turnkey condition.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Freestanding Restaurant & Bar With Parking

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

12000

STORIES

2

YEAR BUILT

1990

SPRINKLERS

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PARKING SPACES

75

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

08-15-101-012