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845 S Halsted Street, Chicago Heights, IL

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845 S Halsted Street

Chicago Heights, IL 60411-2150 - Far South Submarket

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:1965
Building Size:8,183 SF Land Area:.38 AC (16,553 SF)
For Sale Price:$225,000 Price/SF:$27.50
Cap Rate:10.00 %
Parking:Free Surface spaces are available; Ratio of 3.67/1,000 SF

Sale Notes:
Surrounded by a mix of residential rooftops and retail stores, the subject property is on the corner of Halsted Street (25,400 VPD) and Martin Ave. just 3 minutes from Bloom High School. The single story 7,530 sq. ft. former restaurant can seat 100 customers in the restaurant and an additional 100 in the bar. Built in 1965, the building had a new roof install in 2007 and the kitchen comes complete with all new equipment. The property covers .38 acres with a fenced asphalt parking lot for 30 cars. The interior of the building is divided into an open dining area, adjoining kitchen, lounge, private office and a large open garage area.

Located on South Halsted St an Martin Ave. Others Shops within one block radius; Family Billiards, Marnell Drive In, K&K Citgo, SMP Automotive Products, and Schulz Motor Parts, etc.

McColly Bennett
Greg Leutloff
(815) 929-9381

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