3237 S Harlem Ave - Specialty FOR SALE


Berwyn, IL 60402- West Cook
$2,400,000 USD
708-785-2557
3237 S Harlem Ave, Berwyn, IL for Sale
$2,400,000 USD
Specialty - FOR SALE
1/8
null | 4.17% Cap Rate

3237 S Harlem Ave
Berwyn, IL 60402
West Cook


OVERVIEW

2 rooms, up to 200 person occupancy each, can be combined for contiguous 400 person party. Bridal room Each side has its own bar Full kitchen Separate walk in Fridge and walk in freezer Laundry room 800 Watt power Approximately 45 parking spots, plus shared parking for additional spots 9700 sf banquet hall, 24,000 sf property on 7 PINS Total taxes approximately 50,000 (after reduction from 110,000) Booked business into 2026 with some into 2027. Building was built new almost 25 years ago. In immaculate condition Roof, HVAC original but meticulously maintained. Asking $2.4 million, based on past appraisal and increased business activity. Not included are two cabinets near entry, and the Brand, the latter being negotiable with the sale of the bakeries. Otherwise, everything turn key and owner will help transition if requested. Great opportunity for rebrand with all the inventory. The only requirement is that the signed business is satisfied.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

4.17%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

-

APN/PARCEL ID

16-31-108-017-0000,16-31-108-018-0000,16-31-108-019-0000,16-31-108-020-0000

ASK ABOUT THIS PROPERTY

Berk ArslanCall Berk Realty and Management LLCMore Info
708-785-2557

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Berk ArslanCall Berk Realty and Management LLCMore Info
708-785-2557

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