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    8317 S Cottage Grove Ave Chicago, IL 60619

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    For Lease
    Contact for pricing

    Freestanding, fully equipped restaurant with drive-thru in Chicago, IL.

    Property size:
    2,052 SF
    Lot size:
    0.12 Acres

    Property Features for 8317 S Cottage Grove Ave

    General Information

    Size
    2,052 SF
    Lot size
    0.12 Acres

    Source: CRER Agent Michael Weaver

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

    Overview

    Turnkey Restaurant on Cottage Grove

    This is a freestanding restaurant property located on South Cottage Grove Avenue, with high visibility and a traffic volume of 11,900 vehicles per day. The property has operated as a drive-thru restaurant for the past 25 years. The building size is 2,052 square feet. The lot size is 150x110, totaling 16,500 square feet, with an additional lot available that can be added for a total of 19,250 square feet. The restaurant has been newly remodeled and is fully equipped. It is located 100 feet off the intersection of Cottage Grove and 83rd, adjacent to a gas station. The property is available immediately and is suitable for a quick-service restaurant or a double drive-thru quick-service restaurant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6046401
    Latitude
    41.7434409

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    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding, fully equipped restaurant with drive-thru in Chicago, IL.
    Where is this drive through restaurant located?
    The property is located at 8317 S Cottage Grove Ave Chicago, IL.
    What are key features of this property?
    This property features: - Turnkey, **newly remodeled and fully equipped restaurant**.; - **Excellent location and visibility on South Cottage Grove Ave (11,900 VPD)**.; - Free-standing building with drive-thru.
    (312) 446-5018
    Request Owner's contact information
    8317 S Cottage Grove Ave Chicago, IL 60619
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    Chicago, IL 60619
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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
    8317 S Cottage Grove Ave Chicago, IL 60619
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