9421 S Stony Island Ave - Restaurant FOR SALE


Chicago, IL 60617- Calumet Heights
$2,300,000 USD
312-575-0480
9421 S Stony Island Ave, Chicago, IL for Sale
$2,300,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

9421 S Stony Island Ave
Chicago, IL 60617
Calumet Heights


HIGHLIGHTS

  • Fully equipped second-generation restaurant with modern interior finishes.
  • Prominent frontage along Stony Island Avenue, a major north-south arterial.
  • Direct route to the Obama Presidential Center, expected to attract millions of visitors annually.
  • Surrounded by established national retailers and local businesses, including Starbucks, Jewel-Osco, and KFC.
  • Located in Calumet Heights, a stable residential neighborhood with strong community presence and easy access to major thoroughfares.
  • Ample on-site parking and convenient ingress/egress for customers.

OVERVIEW

Positioned along the highly trafficked Stony Island Avenue corridor on Chicago’s South Side, this turnkey restaurant opportunity offers operators and investors a rare chance to acquire or lease a like-new, fully built-out freestanding restaurant with dedicated parking. Formerly occupied by Huddle House, the property features a modern free-standing building that was developed within the last few years, presenting a clean slate for a new concept. The offering includes all existing FF&E, allowing for immediate occupancy with minimal downtime and significantly reduced startup costs. The layout is optimized for efficient service, accommodating dine-in, carryout, and potential delivery operations. Situated on a prominent stretch of Stony Island Ave.—one of the South Side’s primary north-south thoroughfares—the site benefits from strong visibility, accessibility, and consistent vehicular traffic. Importantly, Stony Island serves as a direct arterial route to the future Obama Presidential Center in Jackson Park, one of the most anticipated developments in the country, expected to draw millions of annual visitors. Ongoing and planned infrastructure improvements along the corridor—including roadway enhancements and potential lane expansions—are designed to support increased traffic flow and accessibility to the area, further strengthening the long-term positioning of this location. The surrounding Calumet Heights area continues to see reinvestment and growing demand, with limited freestanding restaurant inventory available.  This opportunity is well-suited for a wide range of concepts including quick-service, fast casual, full-service dining, or franchise expansion. With infrastructure already in place, operators can focus capital on branding and operations rather than construction.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$767 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Restaurant Property with Parking Lot

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,919 SF

ZONING

PD 1412

APN/PARCEL ID

25-01-324-040-0000

ASK ABOUT THIS PROPERTY

Juan Carlos GomezKudan Group, Inc.More Info
312-575-0480

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Juan Carlos GomezKudan Group, Inc.More Info
312-575-0480

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