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Turnkey Restaurant with Drive-Thru

101 N Chicago Street Milford, IL 60953

101 N Chicago Street, Milford, IL, 60953
$145,000
For Sale
$145,000

Turnkey restaurant offering a drive-thru window, rehabbed interior, and dining seating for 40.

Property Size1,900 SF
Price / SF$76.32
Days on Market1072

Property Features for 101 N Chicago Street

General Information

Standard status
Active
Size
1,900 SF
Property subtype
Business Opportunity
Listing agency McColly Rosenboom - W
Listed by Sandra Boyer · License #471019426
Source Birdrealtysells
Added: Aug 16, 2023 Updated: Jul 22 at 12:54PM Checked: Jul 22 at 12:54PM

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 McColly Rosenboom - W


Investment Insights

Based on property information with market context.

This turnkey restaurant property includes a fully rehabbed interior and is equipped for day-to-day operations. The dining room features warm wood finishes with ceramic tile floors, and the layout includes a separate room with a private entrance that was prepared for gaming stations. There is a new drive-thru window, seating for 40, and two newly added handicap-accessible bathrooms.

The kitchen and service area are supported by a walk-in cooler and seven freezers, along with cooking equipment including grill and fry stations, four microwaves, and a pizza oven. Additional back-of-house amenities include three USDA hand sinks, storage, and an approximately 20-by-40 floored attic space with high ceilings.

The central air unit is about 5 years old and the furnace is about 7 years old. Gaming and liquor licenses are available, and the seller indicates the property can be set up to operate with the included inventory and equipment.

Key Highlights

  • Turnkey restaurant with rehabbed interior and seller to leave everything, including inventory
  • 1900 SF restaurant with dining seating for 40 and warm wood dining area with ceramic tile floors
  • Separate room with private entrance for anticipated gaming stations; gaming and liquor licenses available

Property Analytics

Location Intelligence

Current Use by Public Records

First Methodist Episcopal ... Church CD’s Slot Cafe Restaurant

Suggested Use

Electrical Service Furniture & Home Goods Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom Cafe & Coffee Shop Computer & Electronic Repair

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant offering a drive-thru window, rehabbed interior, and dining seating for 40.
Where is this conventional restaurant located?
The property is located at 101 N Chicago Street Milford, IL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Turnkey restaurant with rehabbed interior and seller to leave everything, including inventory; 1900 SF restaurant with dining seating for 40 and warm wood dining area with ceramic tile floors; Separate room with private entrance for anticipated gaming stations; gaming and liquor licenses available
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