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    10331 S Roberts Rd Palos Hills, IL 60465

    For Sale
    $750,000

    Free standing restaurant with patio in Palos Hills, Illinois.

    Property size:
    3,200 SF

    Property Features for 10331 S Roberts Rd

    General Information

    Size
    3,200 SF

    Building Details

    Year built
    1988

    Source: Karen Kulczycki, CCIM, SIOR Agent Karen Kulczycki, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Palos Hills Free Standing Restaurant

    This is a freestanding restaurant encompassing approximately 3,200 square feet, including a patio, situated at 10331 S. Roberts Road in Palos Hills, Illinois. The property presents an owner/user opportunity. The interior has a capacity for 150 patrons, complemented by an outdoor patio accommodating approximately 180 guests. Numerous improvements have been made, including updates to the kitchen, hood, HVAC system, roof, bar, plumbing, patio fireplace, entertainment system, restroom addition, parking lot, and digital signage. The on-site parking lot provides 28 surface spaces and is located next to City Hall. Palos Hills is located in Cook County, approximately 26 miles south of Downtown Chicago. The City of Palos Heights has access to the Interstate System, two Metro Stations, and Midway Airport. The property features frontage on Roberts Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Hadramout Palace Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Valley Inn Catering, S & K Stevens Management Co

    Location Insight

    • Map
    • Local Demand
    City
    Palos Hills
    County
    Cook
    State
    Illinois
    Longitude
    -87.8167677
    Latitude
    41.7024612

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    FAQs

    What type of property is this?
    Restaurant - Free standing restaurant with patio in Palos Hills, Illinois.
    Where is this restaurant located?
    The property is located at 10331 S Roberts Rd Palos Hills, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - ±3,200 SF Free Standing Restaurant with **large patio (seats 180) and indoor capacity for 150**.; - Recent renovations including updated kitchen, hood, HVAC, roof, bar, plumbing, patio fireplace, entertainment system, restroom addition, parking lot, and digital signage.; - Onsite parking lot with 28 surface spaces.
    (630) 330-3352
    Request Owner's contact information
    10331 S Roberts Rd Palos Hills, IL 60465
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    Palos Hills, IL 60465
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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

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    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
    10331 S Roberts Rd Palos Hills, IL 60465
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