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    704 Janes Ave Bolingbrook, IL 60440

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    For Sale
    $2,058,000

    Restaurant retail property for sale in Bolingbrook, Illinois.

    Property size:
    6,300 SF
    Lot size:
    2.82 Acres

    Property Features for 704 Janes Ave

    General Information

    Size
    6,300 SF
    Lot size
    2.82 Acres

    Source: CP Partners Agent Benjamin Udell

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

    Overview

    Bolingbrook Restaurant Retail Opportunity

    This retail property, suitable for restaurants, is located in Bolingbrook, Illinois. The property is an outparcel of Meijer, situated on a 1.76-acre lot. The estimated store opening is November 15th, 2025. The property benefits from its location across the street from The Promenade Bolingbrook, a regional shopping mall with over 500,000 square feet and approximately 3.5 million annual visitors. The shopping center is undergoing a major upgrade, with numerous tenants backfilling the Macy’s and other buildings. The surrounding area is an affluent Chicago submarket, with average household incomes of $132,000 within a 5-mile radius. The property is subject to a 10-year lease featuring above-market 2.5% annual rental increases throughout the base term and options. The property is operated by an experienced restaurateur with 9 different restaurant concepts within the county, including 5 Hook & Reel, 2 K-Pot, 1 Cajun Crab Shack, and 1 sushi restaurant. The property size is 6,300 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bolingbrook
    County
    Will
    State
    Illinois
    Longitude
    -88.0371784
    Latitude
    41.71962

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    FAQs

    What type of property is this?
    Restaurant - Restaurant retail property for sale in Bolingbrook, Illinois.
    Where is this restaurant located?
    The property is located at 704 Janes Ave Bolingbrook, IL.
    What is the asking price?
    The asking price for this property is $2,058,000.
    What are key features of this property?
    This property features: - 10-year lease with above market 2.5% annual rental increases.; - Located on a large 1.76 acre Meijer outparcel.; - Affluent Chicago submarket with **$132,000 average household incomes** within a 5-mile radius.
    (415) 274-2700
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    704 Janes Ave Bolingbrook, IL 60440
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    Bolingbrook, IL 60440
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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
    704 Janes Ave Bolingbrook, IL 60440
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