630-455-4495
980 W Lake St, Addison, IL for Sale
Restaurant - FOR SALE
1/13
null | Request Cap Rate

980 W Lake St
Addison, IL 60101


HIGHLIGHTS

  • 9,620 SF Freestanding Restaurant w/ Open High Ceiling Floor Plan on 1.77 Acres Site
  • Excellent Opportunity to Acquire a 40+ Year Long-Term Est. Business w/ Hugh Client Base, a Staple of the Community w/ Real Estate
  • Prime Positioned Site Offering Outstanding Frontage, High Visibility, & Easy Multi-Access on Highly Traveled Lake Street
  • Excellent Site for Restaurant or Commercial Redevelopment Opportunities
  • Robust Traffic Counts | Offering 29,400 VPD at your Footsteps
  • Dense Commercial Corridor Filled w/ Hotels, Offices, & Ample Residential Rooftops | Low DuPage Taxes

OVERVIEW

9,620 SF FREESTANDING RESTAURANT | PRIME REAL ESTATE SITE OPPORTUNITY • First Time Offering in Over 40 Years • 9,620 SF Freestanding Restaurant w/ Open High Ceiling Floor Plan • Excellent Opportunity to Acquire a 40+ Year Long-Term Est. Business w/ Hugh Client Base, a Staple of the Community w/ Real Estate • Fully Equipped w/ All FF&E Included • 1.77 Acres Site Offering Outstanding Frontage, Visibility & Accessibility • 395’ Linear Feet Frontage on W Lake Street Offering High Exposure on Premier Heavily • Traveled Primary Retail Commercial Corridor • Multi-Ingress/Egress Access Points on W Lake St & Eighth Ave • Excellent Site for Restaurant or Commercial Redevelopment Opportunities • Ample Parking • Monumental Street Signage • Excellent Daytime Traffic • Situated on Thriving Commercial Corridor • Dense, Affluent & Growing Trade Area w/ Built-In Demand Drivers • Prime Positioned Site Offering Outstanding Frontage, High Visibility, & Easy Multi-Access on Highly Traveled Lake Street • Robust Traffic Counts | Offering 29,400 VPD at your Footsteps • Dense Commercial Corridor Filled w/ Hotels, Offices, & Ample Residential Rooftops • Nearby Huge Traffic Generators: Marcus Cinema, Links and Tees Golf Club, Walmart Supercenter, Sam’s Club, Addison Trail High School, Aldi, Angelo Caputo's Fresh Markets, Eaglewood Resort & Spa, Ascension Medical Group Illinois, CVS, SiteOne Landscape Supply to Name a Few • Just Minutes from I-355 (150,000 VPD), I-290, Route 83, & O’Hare International Airport • Low DuPage Taxes *** PLEASE BE DISCRETE & DON'T DISTURB EMPLOYEES***

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Restaurant | Prime 1.77 Acres

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

B2

APN/PARCEL ID

03-20-109-041

ASK ABOUT THIS PROPERTY

George SpirrisonAdelphia PropertiesMore Info
630-455-4495

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George SpirrisonAdelphia PropertiesMore Info
630-455-4495

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