700 Northwest Hwy - Restaurant FOR SALE


Fox River Grove, IL 60021
$980,000 USD
888-998-4758
700 Northwest Hwy, Fox River Grove, IL for Sale
$980,000 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

700 Northwest Hwy
Fox River Grove, IL 60021


OVERVIEW

Seize this incredible opportunity with a versatile 2-story, 4,428 sqft mixed-use building on a 0.40 acre lot! This property features retail space, warehouse/garage space, and residential apartments. The 2,400 sqft restaurant/bar with 81' frontage on Northwest Hwy is fully equipped with a kitchen that includes a pizza oven, hood with an Ansul system, stove, fryers, walk-in cooler, and grease trap. Additionally, there's a full 1,235 sqft basement for extra storage. The property also boasts three residential apartments on the second floor: two 2-bed/1-bath units and one 1-bed/1-bath unit. The 1,400+- warehouse/garage area includes another 1-bed/1-bath apartment. Situated in a high-traffic commercial corridor, this location is surrounded by nationally recognized retailers and restaurants, and is close to office space, schools, recreation, and transportation.

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

B-3

APN/PARCEL ID

20-20-130-021

ASK ABOUT THIS PROPERTY

Anthony DisanoParkvue RealtyMore Info
888-998-4758

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Anthony DisanoParkvue RealtyMore Info
888-998-4758

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