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14201 Martin Luther King Jr Dr 5,500 SF Retail Building Dolton, IL 60419 $349,000 ($63.45/SF)

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INVESTMENT HIGHLIGHTS

  • Well-established restaurant business with real estate for sale at competitive sales price.
  • Approximate 1,200 SF long-term tenant occupie remainder of the subject property.
  • Recent updates include 2 new RTU'S, furnaces, water heaters, and restaurant equipment.
  • Approximate 4,300 SF restaurant is a staple of the community with a loyal customer base and great reviews.
  • Easily take over the existing business or convert to your own concept. 

EXECUTIVE SUMMARY

Fully equipped restaurant for sale at competitive sales price including real estate, business, equipment, fully equipped kitchen, inventory, furniture, fixtures, business proprietary information and great reputation! Established breakfast and lunch restaurant with over 40+ years in business under its current name serving Chicago, Southeast Suburban community, and NW Indiana. The approximate 4,300 SF restaurant is a staple of the community with a loyal customer base and great reviews. Approximate 1200 SF long-term tenant that has occupied premises will help defer costs. Easily take over the existing business or open your own concept. Recent updates include 2 new RTU'S, furnaces, water heaters, and restaurant equipment. **DO NOT DISTURB CURRENT OWNER, EMPLOYEES, PATRONS OR TENANTS**

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,500 SF
Year Built
1954
Price
$349,000
Price Per SF
$63.45
Building Height
1 Story
Building FAR
0.81
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
B-1
Frontage
70’ on Martin Luther King Jr Dr

NEARBY MAJOR RETAILERS

Fifth Third Bank
Dotty's Deli
Food 4 Less

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-03-400-025-0000
Land Assessment
$5,250
Improvements Assessment
$34,120
Total Assessment
$39,370
  • Listing ID: 31248901

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 14201 Martin Luther King Jr Dr, Dolton, IL 60419

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