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Established Tavern with Equipped Kitchen
For Sale
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38652 N Sheridan Rd, Beach Park, IL 60099

Beach Park tavern with gaming, kitchen, and dining room.

Property Size4,335 SF
Price / SF$149.71
Days on Market901

Property Features for 38652 N Sheridan Rd

General Information

Standard status Active
Size 4,335 SF
Property subtype Retail
Zoning B1
Occupancy 100%

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: Callahan Blandings & Schap
Listed By: Nick Nicketakis · License #IL 471016615
Source: Crexi
Added: Feb 23, 2024 Changed: Aug 8 Last Checked: Aug 11 at 8:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Callahan Blandings & Schap

Investment Insights

Based on property information with market context.

This long-established Beach Park business is now for sale. The facility currently operates as a tavern with gaming. It features a fully equipped kitchen and a restaurant dining room that is currently not in operation. The property also includes a basement for storage and a draft beer system, as well as an exterior deck and a separate storage garage. There is plenty of parking available. The surrounding area within a 10-minute drive has a population approaching 90,000, with an average household income exceeding $80,000 annually. The population's average age is 34.6 years, compared to the national average of 39.1. Traffic counts are approximately 17,000 vehicles per day. The property size is 4,335 square feet.

Key Highlights

  • Established Beach Park business with tavern and gaming operations.
  • Fully equipped kitchen and restaurant dining room (currently not in operation).
  • High traffic location: Approximately 17,000 vehicles per day.

Property Analytics

Current Use

Hickory House Lounge Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Spa & Massage Center Hair Salon

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

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 50%
McDonald's Dining
18,164 visits/mo 0.4 miles
Beach Park #1 Shops & Services
10,126 visits/mo 0.4 miles
BP Shops & Services
4,654 visits/mo 0.3 miles
Citgo Shops & Services
3,529 visits/mo 0.2 miles

Demographics for 60099, IL

31,579
Population
12,085
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
86%
High-School Grad
22.6 sq mi
ZIP Area
1,397
Density / Sq Mi
$65,647
Median Household Income
$36,541
Median Earnings
$1,131
Median Rent
$190,300
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
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Similar Off Market Nearby

  • Al's Tap 10030 W Ames Ave, Beach Park, IL 60099

Frequently Asked Questions

What type of property is this?
Bar & Pub - Beach Park tavern with gaming, kitchen, and dining room.
Where is this bar & pub located?
The property is located at 38652 N Sheridan Rd Beach Park, IL.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Established Beach Park business with tavern and gaming operations.; Fully equipped kitchen and restaurant dining room (currently not in operation).; High traffic location: Approximately 17,000 vehicles per day.
More about this property
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