This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

106 N Larkin Ave
Joliet, IL 60435
Big Apple Pancake House · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully-Equipped Professional Kitchen Featuring A 20ft Hood - Set Up For Large Volumes
  • Perfectly Situated At The Intersection Of 2 Major Thoroughfares
  • Freestanding Building On 1 Acre - Roof & HVAC 15 Years Old - 2019 RET $24,783
  • In A Striking Freestanding Building With Great Visibility, Access & Parking
  • Close To A Busy Walmart Supercenter, Huge Car Dealership, Large Medical Center, Several Schools & Many National Retailers
  • Well Established Over 10 Years With The Same Owner!

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
7,500 SF
Building Class
C
Year Built
1976
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.01 AC
Zoning
Commercial - Commercial
Frontage
180’ on Larkin Ave

AMENITIES

  • 24 Hour Access
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

ABOUT 106 N LARKIN AVE , JOLIET, IL 60435

Well-Established High Volume Breakfast & Lunch Restaurant Will County - With Property Serving a full line of delicious breakfast and lunch items including pancakes, waffles, crepes, French toast, scramblers, omelets and skillets, as well as scrumptious sandwiches, burgers, melts, wraps, croissants, clubs, salads and more. In addition to gourmet coffee and fresh juices. Also, children’s menu. Full service. Dine-in or takeout, plus catering with large pans of their most popular dishes. Online ordering also available. Set up for large volumes! Warm and welcoming interior. Cozy waiting area. Substantial wait station. Spacious dining room with ample seating with comfy booths and expandable tables. Lots of large expansive windows. Fully equipped professional kitchen featuring a 20ft hood, two 6-burner stoves w/ovens, three flat top grills, char grill, fryer, steam table, sandwich units, automatic slicer, panini press, waffle maker, electric warmer, commercial toaster & microwave, shake machine, coffee machines, walk-in cooler & freezer and much more. Plus, POS system and camera system. Well established over 10 years with the same owner! Family owned and operated, looking to retire. Plus has a 2nd well-established high volume location in Cook county also for sale for with property for $2,000,000! Location: Prime retail space in a striking freestanding building with great visibility, access and parking. Perfectly situated at the intersection of two major thoroughfares. Close to a busy Walmart Supercenter, huge car dealership, large medical center, several schools and many national brands. Also surrounded by a vast residential area! Year Established: 2011 Property Information: Freestanding building on 1 acre. Roof and HVAC 15 years old. 2019 real estate taxes $24,783. Square Feet: 7,500 Seating: 220 Days/Hrs of Operation: Daily 6a-2p Owners Role: Working owner. # Of Employees: 15 Training: Two weeks on-site comprehensive training. Gross Sales (2019): $1,439,423 Net Operating Income: $322,726 Value of FF&E: Included In Asking Price Value of Inventory: $10,000 (Not Included In Asking Price) Seller Financing Available: No Reasons for Selling: Retiring. Competition/Market: Just awesome. Best of its kind. Classic pancake house. Wonderful family friendly place. Large variety of hearty breakfast & lunch items. Everything well prepared and made-to-order. Fresh food served hot. Real food. Quality homemade cooking. Consistently good. Lively atmosphere. Outstanding staff. Everyone is so kind. Service with a smile. At the top of their game. Fast and efficient takeout. Known for their amazing food and excellent service. Growth & Expansion: Local favorite. Staple in the community. Area gem. The “go-to” breakfast place. Best spot for breakfast any time of day. Best place in town for breakfast. Best pancakes and waffles around. Terrific coffee. Ideal location. Conveniently located. Very popular. Tons of regulars. Lots of fans. Loved by many. Always busy. Highly rated and recommended, great reputation to continue to build upon. Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only. Listed By Tom Traina at EatZ & Associates / EatZ Real Estate Group LLC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-07-07-406-054
Land Assessment
$132,756
Improvements Assessment
$125,150
Total Assessment
$257,906
  • Listing ID: 22914224

  • Date on Market: 5/4/2021

  • Last Updated:

  • Address: 106 N Larkin Ave, Joliet, IL 60435

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}