HILLSIDE, Illinois
| Asking Price |
$10,512 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
Available. |
|
| Annual P/L |
$0 |
Attention |
Brian OKelly |
|
| Annual Cash Flow |
$0 |
Listing Number |
1019826 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Fully-Equipped Food Retail Space w/Full Kitchen Hillside, IL - Just Off I-290!
“1,498 SqFt 2nd-Generation Food Space With Display Coolers & 10ft Hood At The Corner of Wolf Rd & Butterfield Rd”
Outstanding opportunity to lease a 2nd-generation food retail and restaurant space in Hillside, Cook County! Formerly a convenience store & deli and most recently a seafood market & deli, this storefront offers a bright, open front sales floor, extensive refrigeration and an existing commercial kitchen, ready for a new operator’s concept.
Save on startup costs! The landlord-owned equipment and food-service infrastructure could save an estimated $64,000–$117,000 in new build-out costs, depending on your concept. No business or real estate purchase required!
Equipment includes a commercial cooking line with 2 fryers and a 6-burner range w/oven, steamer, 3-well steamer, 3-door sandwich prep unit, 3-door True freezer, 2 deli display cases, 12-door and 4-door display coolers, glass-door refrigeration, service counter, 3-compartment sink, wall-mounted sink, 6ft stainless steel worktable w/undershelf, cash register, security camera system, ceiling-mounted TV, cabinetry and 2 ADA restrooms. All equipment is landlord-owned and remains with the premises.
Skip the empty shell and open sooner in a proven food-service location.
Property Features and Assets:
<p>Prime storefront in an established 5,993 sqft single-story neighborhood retail center with a highly visible pylon sign and shared parking for 50 vehicles. Positioned at the signalized southwest corner of two major thoroughfares serving residents and commuters.<br><br>Heavy daily traffic: 231 ft of frontage on Wolf Rd (12,459 vehicles/day), 142 ft on Butterfield Rd/Route 56 (11,340 vehicles/day) and the I-290 Eisenhower Expressway (95,139 vehicles/day) interchange only 0.22 miles away.<br><br>Just minutes from Hillside Town Center, Hillside Public Library, neighborhood schools and residential communities. Berkeley and Bellwood Metra stations are within 2 miles; Loyola University Medical Center is ~3.7 miles away.<br><br>SqFt: 1,498<br>Seating: TBD<br>Hrs: (Space For Lease)<br>Owners Role: (Space For Lease)<br>Training: (Space For Lease)<br>Lease: $3,504/mth ($28.07/sqft annually) including base-year real estate taxes and building insurance; new lease with options<br>Property: Class B masonry strip center built 1980 on 0.29 acres<br></p>
Market Competition and Expansion:
<p>Nearby restaurants and food operators have already made this busy intersection a convenient dining and carryout destination, drawing hungry customers to this corner all day, every day.</p><p>Strong surrounding customer base: 14,384 residents and 4,786 households within 1 mile (median household income $80,845), growing to 134,057 residents and 46,953 households within 3 miles (median household income $91,506). An impressive 70,515 daytime employees within 3 miles create real demand for weekday lunches, takeout, prepared foods and convenient meal options.</p><p>This is an excellent opportunity for an independent operator, expanding restaurant group or specialty food retailer seeking a highly accessible location with existing kitchen infrastructure and manageable occupancy costs.</p><p>Bring your own concept to Hillside! Well suited for carryout, fast casual, deli, seafood, specialty food retail, prepared meals or other food concepts. Take advantage of the established food-service layout and put your investment into your menu, brand and marketing instead of construction.</p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity