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553 W Kennedy Rd 9,800 SF Retail Building Braidwood, IL 60408 For Sale
Investment Highlights
- 9,800sf± commercial building
- Second-generation kitchen in place. Potential uses include banquet, restaurant, bar, event venue, hospitality, or entertainment
- Subject to offers
- Approx. 1.4± acre site
- Opportunity for owner-user or investment
Executive Summary
Opportunity to acquire a 9,800 SF commercial building on approximately 1.4± acres in Braidwood, Illinois. The property offers a flexible opportunity for an owner-user, investor, or operator seeking a building that can potentially support banquet, restaurant, bar, event, entertainment, or hospitality-oriented uses. The existing layout includes a second-generation kitchen, making it especially attractive for food and beverage users looking to reduce build-out time and cost.
Disclosure: One of the sellers is a licensed real estate broker in the State of Illinois, but is not affiliated with Pillar Realty or the listing agent.
Disclosure: One of the sellers is a licensed real estate broker in the State of Illinois, but is not affiliated with Pillar Realty or the listing agent.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,800 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
2 Stories
Lot Size
105.08 AC
Zoning
B-1 - Central Business District
Amenities
- Restaurant
- Tenant Controlled HVAC
- Waterfront
- Air Conditioning
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 02-24-18-201-025 | Total Assessment | $123,028 (2024) |
| Land Assessment | $19,416 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $103,612 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
02-24-18-201-025
Land Assessment
$19,416 (2024)
Improvements Assessment
$103,612 (2024)
Total Assessment
$123,028 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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553 W Kennedy Rd
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