South Chicago Heights, IL Conventional restaurants for sale

Updated: Jun 4

Conventional Restaurant Property

2923 Chicago Rd, South Chicago Heights, IL 60411

$300,000

1,078 sqft

Conventional restaurant property
Located at 2923 Chicago Rd, South Chicago Heights, IL 60411
On‑site parking available for customers and employees
Access to major highways
Situated along Chicago Rd

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This listing looks promising.

Here's a quick look at some key insights for

2923 Chicago Rd, South Chicago Heights, IL 60411

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Est. Cap Rate

6%
Above avg (5.9%)
Est. NOI

$18K
Annual
Price @ 7% Cap

$258K
Suggested
Last Sold

Sep 2024
$120K
Property Type

Commercial (General)
Built 1964

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Updated: Jun 29

Restaurant Property with Parking

2923 Chicago Road, South Chicago Heights, IL 60411

$300,000

0.13 AC lot

Conventional restaurant property at 2923 Chicago Road
COMMR zoning designation
Central air conditioning
Composition roof
On‑site parking for customers and employees

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Mixed-Use Portfolio with Retail

213-217 E 22nd St, Chicago Heights, IL 60411

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Three buildings combine storefronts, apartments, restaurant improvements, garages, and dedicated parking across a neighborhood business setting.

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Fully Leased Strip Mall

20630 Torrence Ave, Lynwood, IL 60411

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Multi-tenant retail property with a separate restaurant building, kitchen equipment, patio deck, basement storage, and office space.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Mixed-Use Restaurant Property

1710 Chicago Rd, Chicago Heights, IL 60411

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Corner commercial building combines restaurant, bar, and rear residential space.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in South Chicago Heights, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bar And Grill With Office Unit

1361 Benton Street, Crete, IL 60417

$849,900

0.38 AC lot

Two-unit commercial property includes a dining area, full bar, separate entrance, and former dental office.

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Brick Restaurant and Bar Property

1209 Sheffield Avenue, Dyer, IN 46311

$699,900

3,970 sqft 0.68 AC lot

Existing hospitality layout includes multiple dining areas, a private bar section, and outdoor seating possibilities.

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Dyer Commercial Building Opportunity

1209 Sheffield Avenue, Dyer, IN 46311

$699,900

4,000 sqft 0.68 AC lot

Spacious commercial building suitable for restaurants, bars, retail, and offices.

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Two-Story Multi-Tenant Restaurant Building

1334-1338 Main St, Crete, IL 60417

Contact for pricing

18,651 sqft

Two-story multi-tenant restaurant building with tasting room, storage/office space, surface parking for 20, and 800-amp heavy power.

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South Chicago Heights, IL Conventional Restaurants Market Trends and Statistics

Explore 5 conventional restaurants for sale in South Chicago Heights, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,078 square feet of properties for sale, with an estimated market value of $600,000.

Sale prices for conventional restaurants in South Chicago Heights, IL average $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Chicago Heights - 60411	$300K

Neighborhood

Average Price

Chicago Heights - 60411

$300K