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    9845 Lawrence Ave Schiller Park, IL 60176

    For Sale
    $1,990,000

    Business Opportunity - Schiller Park, IL

    Property size:
    3,200 SF
    Days on Market:
    486
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for 9845 Lawrence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    12162020590000
    Size
    3,200 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

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

    Listing agent Lydia Memeti (630) 216-8000 License #475137300

    Listing date Aug 17, 2024

    MLS# 12065820 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/Bar Opportunity

    This is a business opportunity featuring real estate, a restaurant/bar, and a liquor license. The property, located in Schiller Park, IL, has recently undergone remodeling with \$300,000 in renovations to both the interior and exterior. The building has 3,200 square feet of living area. Its location offers proximity to O'Hare International Airport and the 294, 90, and 94 expressways. The business is fully operational.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Cafe Mirage Family 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
    -87.8759318
    Latitude
    41.9655334

    Nearby Similar for Sale

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      Schiller Park Restaurant Opportunity

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    • $1,100,000
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      Franklin Park Multifamily Investment Opportunity

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      Franklin Park Multifamily Investment Opportunity

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    • $480,000
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      Franklin Park Industrial/Manufacturing Opportunity

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      9125 Belden Ave, Franklin Park, IL 60131
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    FAQs

    What type of property is this?
    Bar - Restaurant/Bar with real estate and liquor license in Schiller Park.
    Where is this bar located?
    The property is located at 9845 Lawrence Ave 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: - Includes real estate, restaurant/bar business, and liquor license.; - **Recently Remodeled Interior and Exterior (Over $300K Investment)**; - Fully operating business ready for immediate income.
    (630) 216-8000
    Request Owner's contact information
    9845 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
    9845 Lawrence Ave Schiller Park, IL 60176
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