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Restaurant w/Drive-Thru - 3021-P-IL-TT 3021 W 147th St 1,800 SF Retail Building Posen, IL 60469 $950,000 ($527.78/SF)

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INVESTMENT HIGHLIGHTS

  • Single-Story Freestanding Fast-Food Restaurant With Convenient Drive-Thru & Own Parking Lot (12 Parking Spots)
  • Fully Equipped - All Equipment Purchased NEW In 2020
  • Near The147th St (Route 83) & I-57 Interchange - Also Near The I-294 & I-57 Interchange
  • Recently Built In 2019-2020
  • On 147th St - One Of The Most Trafficked Thoroughfares In Posen
  • Large Pole Sign Visible From I-294

EXECUTIVE SUMMARY

Fully-Equipped Freestanding Fast-Food Restaurant w/Drive-Thru Posen, IL - On 147th St!

Property Highlights:

* Flexible Use Potential
Currently operating as a fast-food seafood franchise, its zoning and current layout offer great flexibility for many different food and beverage models. Bring your concept here!

* Convenient Drive-Thru
The property includes an existing drive-thru infrastructure, a major asset in today’s dining market. This allows for faster setup and significant savings for a new owner or tenant!

* Turnkey Build-Out
The building comes fully outfitted for foodservice use, minimizing renovation costs for a new restaurant operator. It offers a functional layout, existing kitchen ventilation systems and utility hookups ready for foodservice. And features all new equipment purchased in 2020!

* Dedicated Parking Lot
With its own private parking lot (12 spaces), customers benefit from easy in-and-out access. And it enhances the property's value and convenience for dine-in, pick-up or delivery services!

* Prime Visibility & High Traffic
Located directly on 147th St, one of the most trafficked thoroughfares in Posen, this property offers excellent street frontage and steady exposure to both local and commuter traffic. Ideal for any food or quick-service retail concept looking to capture consistent daily drive-by business!

* Surrounded By A Vast Residential & Commercial Area
Perfectly situated near homes, schools, shopping plazas and local employers, this location is well-positioned to attract breakfast, lunch and dinner crowds, as well as late-night traffic depending on the concept.

* Strategic Location Near Expressways
Just minutes from I-57, I-294 and IL-83, the address is a strategic pick for businesses that depend on regional accessibility. Great for attracting customers from surrounding suburbs like Midlothian, Harvey, Blue Island and Oak Forest!

Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Tom Traina at Tom@eatz-associates.com or call 847-651-3834 for more information. Showings by appointment only outside of business hours.

Listed by Tom Traina at EatZ & Associates /EatZ Real Estate Group LLC

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $46,000 $25.56
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes
Annual $46,000
Annual Per SF $25.56
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $46,000
Annual Per SF $25.56

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,800 SF
Building Class
C
Year Built
2020
Price
$950,000
Price Per SF
$527.78
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.15 AC
Opportunity Zone
Yes
Parking
12 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
88’ on 147th Street

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

NEARBY MAJOR RETAILERS

Biggby Coffee
Old National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-12-303-005-0000
Land Assessment
$28,890
Improvements Assessment
$110,002
Total Assessment
$138,892
Annual Taxes
$46,000 ($25.56/SF)
Tax Year
2024 Payable 2025
  • Listing ID: 35474867

  • Date on Market: 4/13/2025

  • Last Updated:

  • Address: 3021 W 147th St, Posen, IL 60469

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