7.6% Cap Restaurant Investment Sale

10331 S Roberts Rd Palos Hills, IL 60465

10331 S Roberts Rd, Palos Hills, IL, 60465
10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465 10331 S Roberts Rd, Palos Hills, IL, 60465
FOR SALE
Property Type:
Restaurant
Amount:
$775,000
Last Verified:
Nov 03, 2024

Daily Email Blast
0 times


Highlights

  • New Tenant | 5-Year Lease | Renewal Options
  • Recent Renovations | Plenty of Parking
  • Expanded Bar | New HVAC System
  • Digital Pylon Signage | Frontage on Roberts Road

Description

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.


Year Built: 1988
Building Size: 3200sq ft
Lot Size: 0.6 acres


Documents

SVN - Sale Brochure Nov 2024

Map of 10331 S Roberts Rd, Palos Hills, IL, 60465

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.