479 Pennsylvania Ave - Restaurant FOR SALE


$3,000,000 USD
847-902-1739
479 Pennsylvania Ave, Glen Ellyn, IL for Sale
$3,000,000 USD
Restaurant - FOR SALE
1/6
null | Request Cap Rate

479 Pennsylvania Ave
Glen Ellyn, IL 60137
Glen Ellyn to West Chicago Corridor


HIGHLIGHTS

  • Established Glen Ellyn Staple – Operating 47 years with a loyal, multi-generational customer base
  • Well-Maintained Building – Clean, updated, and move-in ready
  • Plenty of Parking – Rare private lot plus nearby street parking
  • Turnkey Business Included – Fully equipped and operational
  • Prime Downtown Location – Strong foot traffic and nearby retail synergy
  • Flexible Sale Structure – Buy the real estate + business together, or the business alone

OVERVIEW

FOR SALE – Iconic Restaurant & Real Estate | Glen Ellyn, IL. $3,000,000 (Includes Real Estate + Business) and $475,000 (Business Only) An exceptional opportunity to own a beloved, long-standing restaurant property in the heart of downtown Glen Ellyn. Glen Oak Café has been a local favorite for 47 years, serving generations of loyal patrons. This turnkey offering includes both the business and the real estate—perfect for an owner-operator or an investor seeking stable income and value-add potential. The building is in excellent condition, with recent updates, high visibility, and ample on-site parking—a rare find in this sought-after downtown corridor. The site benefits from steady pedestrian traffic and strong surrounding demographics. Current rent is $10,000/month NNN, providing solid income with room for long-term upside. Please do not disturb business or staff. All inquiries and showings must go through the listing broker.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$789 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Glen Oak Cafe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,573 SF

ZONING

C5B

APN/PARCEL ID

05-11-314-004,05-11-314-005

ASK ABOUT THIS PROPERTY

Thomas HellgethBrian Properties, Inc.More Info
847-902-1739

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Thomas HellgethBrian Properties, Inc.More Info
847-902-1739

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