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Remodeled Conventional Restaurant
For Sale
$1,990,000

9845 Lawrence Avenue, Schiller Park, IL 60176

Business Opportunity, Schiller Park, IL

Property SizeContact for details
Lot Size0.45 Acres
Days on Market833

Property Features for 9845 Lawrence Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Mannheim to Lawrence east to property. The property is located on corner of 25th Ave and Lawrence Ave.
Subdivision Schiller Park
Standard status Active
APN 12162020590000
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 39841

Utilities

Cooling system Central Air

Building Details

Floors in Building 1
Listing Agency: REMAX Legends · RE/MAX International
Listed By: Lydia Memeti · License #475137300
Added: May 24, 2024 Changed: Aug 20 Last Checked: Sep 3 at 4:06AM
MLS# 12065820

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This sale includes an operating conventional restaurant and bar business together with the underlying real estate and liquor license. The property has undergone comprehensive interior and exterior remodeling and is equipped with central air conditioning.

The site contains 0.4534 acres and is zoned COMMR. Its Schiller Park location provides proximity to O'Hare and access to I-294, I-90, and I-94. The property is located at 9845 Lawrence Avenue, Schiller Park, IL 60176.

Key Highlights

  • Operating restaurant and bar business with real estate and liquor license
  • 0.4534‑acre site at 9845 Lawrence Avenue, Schiller Park, IL 60176
  • Comprehensively remodeled interior and exterior

Property Analytics

Current Use

ATM Atm Cafe Mirage Restaurant

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

507
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 36%
Bacci Pizzeria Dining
3,956 visits/mo 0.3 miles
7-Eleven Shops & Services
2,226 visits/mo 0.3 miles

Demographics for 60176, IL

11,714
Population
4,423
Households
2.6
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
2.5 sq mi
ZIP Area
4,686
Density / Sq Mi
$67,473
Median Household Income
$41,106
Median Earnings
$1,214
Median Rent
$276,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant and bar business offered with the real estate and liquor license.
Where is this conventional restaurant located?
The property is located at 9845 Lawrence Avenue Schiller Park, IL.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Operating restaurant and bar business with real estate and liquor license; 0.4534‑acre site at 9845 Lawrence Avenue, Schiller Park, IL 60176; Comprehensively remodeled interior and exterior
More about this property
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