10331 S Roberts Rd

10331 S Roberts Rd , Palos Hills, Illinois, 60465 | 3,200 sq.f | $ 750,000

Card image
Card image
Card image

About This Restaurant

Investment Highlights

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

Executive Summary

7.99% Cap | 100% Occupied Restaurant with Patio For SaleSVN 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 an indoor capacity for 150 and a picturesque outdoor patio that seats approximately 180. Numerous improvements include an updated kitchen, hood, HVAC, roof, bar, plumbing, patio fireplace, entertainment system, and restroom addition. Onsite parking lot with 28 surface spaces plus and next to City Hall. Third location for tenant New Taza Bakery / Hadramout Restaurant.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.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Freestanding Restaurant
  • Building Size    3,200
  • Building Class    C
  • Year Built/Renovated    1988/2021
  • Price    750,000
  • Price Per SF    234
  • Cap Rate    7.99
  • NOI    59,925
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.12
  • Land Acres    0.60 AC

Nearby Amenities & Transportation

Retail Bank of America
Retail PNC Bank
Retail Jazzercise
Retail Old National Bank
Retail UFC Gym
Retail Starbucks
Retail Pete's Market
Retail Chase Bank
Retail Huntington National Bank
Retail Jewel-Osco

Property Taxes

Parcel Number 23-13-102-080-0000 Improvements Assessment $78,819
Land Assessment $28,681 Total Assessment $107,500
Date Created: 2024-07-16 04:13:39 Last Updated: 2024-07-16 04:13:39
Address: 10331 S Roberts Rd , Palos Hills, Illinois, 60465