1604 N State Route 50 - Restaurant FOR SALE


Bourbonnais, IL 60914
$2,450,000 USD
303-324-1107
1604 N State Route 50, Bourbonnais, IL for Sale
$2,450,000 USD
Restaurant - FOR SALE
1/8
null | Request Cap Rate

1604 N State Route 50
Bourbonnais, IL 60914


HIGHLIGHTS

  • Large Lot on major retail corridor
  • Surrounded by national retailers and in front of Northfield Square Mall
  • End User or Redevelopment opportunity

OVERVIEW

Ground Zero location in Bourbonnais at signalized intersection All restaurant infrastructure in place Northfield Square Mall (behind property) redevelopment planned for giant waterpark and mixed-use redevelopment Large 2.18-acre lot can accommodate multiple users Excellent existing retail synergy near national retailers Just north of Highest traffic count intersection in the City at Hwy 50 & I- 57 (approx. 53,000 combined VPD-Costar) Proactive municipality with streamlined entitlement process

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

B-3

APN/PARCEL ID

17-09-16-101-019

ASK ABOUT THIS PROPERTY

Elizabeth MorganPinnacle Real Estate AdvisorsMore Info
303-324-1107

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Elizabeth MorganPinnacle Real Estate AdvisorsMore Info
303-324-1107

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