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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
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

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