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112 E 71st St 1,250 SF Retail Building Chicago, IL 60619 $599,000 ($479.20/SF)



Executive Summary
Excellent opportunity to own both a fully operational fast food carry-out restaurant and the real estate it occupies in Chicagos Park Manor neighborhood. Southtown Sub, a well-known name with over 30 years of history, relocated to this site just 3 years ago with a brand-new buildout featuring modern equipment, including a walk-in cooler and freezer. The property sits on a spacious lot with room for future expansion and is conveniently located just minutes from major highways, providing easy access and strong visibility. Both the business and real estate are included in the sale. The current owner is willing to provide training to ensure a smooth transition for the new owner-operator. Contact the listing agent today to schedule your private showing and explore this rare turnkey investment opportunity!
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,250 SF
Building Class
C
Year Built/Renovated
1940/2022
Price
$599,000
Price Per SF
$479.20
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Zoning
B3-1
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Air Conditioning
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 20-22-322-033-0000 | Improvements Assessment | $33,168 |
| Land Assessment | $29,833 | Total Assessment | $63,001 |
Property Taxes
Parcel Number
20-22-322-033-0000
Land Assessment
$29,833
Improvements Assessment
$33,168
Total Assessment
$63,001
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112 E 71st St
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