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    9823 Lawrence Ave Schiller Park, IL 60176

    For Sale
    $1,490,000

    Restaurant - Schiller Park, IL

    Property size:
    2,500 SF
    Days on Market:
    171
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 9823 Lawrence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    12162020600000
    Size
    2,500 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1990
    Architectural style
    Other

    RE/MAX Legends (708) 655-5000 [email protected]

    Listing agent Kelly Dyson (630) 216-8000 License #475114736

    Listing date Jun 27, 2025

    MLS# 12263344 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Schiller Park Restaurant Opportunity

    This is a bar and club lounge property for sale located in Schiller Park, Illinois, near O'Hare Airport. The 2,500 square foot property has been remodeled and includes TVs for sports viewing, both inside and outside. The property benefits from parking and a favorable location. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Eclipse Lounge & Sushi ... Night Club Macado Club Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Festicanto TV Show, Richie's Restaurant, SWAY BAR, The Landing Strip Bar and Grill, Horseshoe Inn

    Location Insight

    • Map
    • Local Demand
    City
    Schiller Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.872409
    Latitude
    41.965403

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    FAQs

    What type of property is this?
    Bar - Remodeled bar/club lounge near O'Hare Airport with parking.
    Where is this bar located?
    The property is located at 9823 Lawrence Ave Schiller Park, IL.
    What is the asking price?
    The asking price for this property is $1,490,000.
    What are key features of this property?
    This property features: - Remodeled space ready for immediate use.; - Prime location in "Hot Schiller Park" near O'Hare Airport.; - Features a bar and club lounge.
    (630) 216-8000
    Request Owner's contact information
    9823 Lawrence Ave Schiller Park, IL 60176
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    Schiller Park, IL 60176
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9823 Lawrence Ave Schiller Park, IL 60176
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