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9400-9416 Waukegan Rd
Morton Grove, IL 60053
Newly Built Out Fast-Casual Restaurant · Property For Lease

PROPERTY FACTS
| Property Type | Retail | Total Land Area | 0.51 AC |
| Property Subtype | Restaurant | Year Built | 2017 |
| Gross Leasable Area | 9,784 SF | Parking Ratio | 10/1,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,784 SF |
| Total Land Area | 0.51 AC |
| Year Built | 2017 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
Newly Built Out Fast-Casual Restaurant - Downtown Morton Grove! Currently operating as a fast-casual flame grilled chicken restaurant. Offering appetizers, salads, sides, wings, fried chicken, burgers, wraps, sandwiches and sea food. Plus, beverages and dessert. Kids meals. Simple operation. Dine in, carry out and delivery, plus catering. Online ordering also available. Recently built-out. Contemporary interior. Beautiful modern tiled wall & counter. Spacious dining area. Fully equipped kitchen includes 13ft hood, 4 burner stove w/oven, oven with proofer, 2 fryers, char grill, flat top, 2 gas pot stove, 4 well electric steam table, commercial microwave, 2 door refrigerated prep table, 3 door cooler, 2 door freezer, 2 flat screen TVs, POS system and more. Location: Prime corner retail space in a busy shopping center adjacent to the Best Western Morton Grove. Directly across from the middle school. Many factories in the area. Also surrounded by a densely populated residential area. Perfectly situated at the center of a thriving suburban business community in a near north suburb just 14 miles north of the Loop. On highly trafficked Waukegan Ave with over 26,000 cars/day. Ample parking. Year Established: May 2017. Lease Information: Leased space $3,000/mth includes rent, CAM, insurance and taxes. Current lease expires in Apr 2020 with one 5-year option. Square Feet: 3,600. Seating: 48 (Room For More). Hrs: Su-Th 11a-11p & Fr-Sa 11a-12m. Employees: 3 Part-Time . One week on-site comprehensive training. Value of FF&E (Included in Asking Price): $50,000. Seller Financing: No. Reasons for Selling: Current owner's partner (chef) is in poor health. Competition/Market: This is a great location for many different types/styles of restaurants. Ideally located at a stop light with heavy traffic on Waukegan Ave. Growth & Expansion: Current owners have not done any advertising. A newly built spot with lots of potential. The right owner/operator can take this location to the next level by doing some advertising and taking advantage of it's excellent location. Assets also for sale for $69,000. Turnkey. Keep the current concept or make it your own at this ideal location! Owner operated. Highly confidential listing, please do not discuss with employees or patrons. Showings by appointment only. Listed by Ted Aretos at EatZ & Associates
- Pylon Sign
- Signage
Listing ID: 9306885
Date on Market: 9/25/2017
Last Updated:
Address: 9400-9416 Waukegan Rd, Morton Grove, IL 60053
The Near North Suburban Cook Retail Property at 9400-9416 Waukegan Rd, Morton Grove, IL 60053 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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