1144 Devon Ave - Freestanding FOR SALE


Elk Grove Village, IL 60007- Des Plaines/Arlington Hts Corridor
$1,050,000 USD
847-651-3834
1144 Devon Ave, Elk Grove Village, IL for Sale
$1,050,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

Jun '25


1144 Devon Ave
Elk Grove Village, IL 60007
Des Plaines/Arlington Hts Corridor


HIGHLIGHTS

  • Features Expansive Windows, High Ceilings, Spacious Dining Room, Large Wait Station, Fully-Equipped Commercial Kitchen & Ample Parking
  • In A Busy Plaza With A Diverse Tenant Mix At A Signalized Intersection In A Sought-After Northwest Suburb
  • On A Dense Commercial Corridor & Major Thoroughfare With High Visibility & Traffic Flow - Close To The Interchange Of 2 Major Interstates
  • In The Village’s Vibrant Business & Industrial Hub - Surrounded By Industrial Parks, Logistics Facilities, Corporation Offices & Hotels
  • Also A Vast Residential Area - Close To Homes, Schools & Local Businesses - Population Over 70,000 w/Median Household Income Over $90,000 w/in 3-Miles
  • Bring Your Concept Here! - Can Also Add Gaming!!

OVERVIEW

Freestanding Restaurant Sought-After Northwest Suburb - Property For Sale! Currently operating as a classic American pancake house and local eatery. Offering all-day breakfast/brunch and traditional comfort food. Full-service restaurant. Dine-in, carryout, pickup and delivery. Features expansive windows, high ceilings, a spacious dining room, large wait station and fully-equipped commercial kitchen. Well established restaurant location. Asset sale with property - all furniture, fixtures and equipment (FF&E) included. Business is not for sale - no financials. Bring your concept here! Can also add gaming!! Location: Prime retail space in a large one-story freestanding building with great signage and ample parking for 30+ vehicles. Perfectly situated in a busy plaza with a diverse tenant mix at a signalized intersection. Well positioned on a major thoroughfare with high visibility and traffic flow close to the interchange of two major interstates. And strategically located in the village’s vibrant business and industrial hub, surrounded by industrial parks, logistics facilities, corporation offices and hotels. As well as its vast residential area, close to homes, schools and local businesses. Plus, just 5 minutes from two Metra stations and less than 15 minutes from O’Hare International Airport. Property Information: One-story freestanding building. Built in 1979. On .61 acre or 26,272 sqft. Class C. Zoning B-2. $1,200 parking lot maintenance fee. Real estate taxes $44,317. Square Feet: 5,288. Seating: 200+ Inside. Owners Role: Absentee owned and operated. Value of FF&E: Included In Asking Price (Valued at $250,000). Seller Financing Available: No. Reasons for Selling: Other interests. Competition/Market: Versatile space for any type of restaurant in a thriving community. Growth & Expansion: In a sought-after northwest suburb. On a dense commercial corridor. Surrounded by a robust industrial market. In addition to a vast residential area with a population of over 70,000 with a median household income of over $90,000 within a 3-mile radius. Location, location, location!!! Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Tom Traina at Tom@eatz-associates.com or call 847-651-3834 for more information. Showings by appointment only outside of business hours. Listed by Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Restaurant (EBC-EGV-IL-TT)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

B-2

APN/PARCEL ID

08-31-400-010-0000

ASK ABOUT THIS PROPERTY

Tom TrainaEatZ Real Estate Group LLCMore Info
847-651-3834

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Tom TrainaEatZ Real Estate Group LLCMore Info
847-651-3834

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