Brick Breakfast
For Sale
$1,495,000
4715 W 63rd Street, Chicago, IL 60629
The operating restaurant includes its furnishings and kitchen equipment.
Property Size4,000 SF
Price / SF$373.75
Days on Market716
Property Features for 4715 W 63rd Street
General Information
Standard status
Active
Size
4,000 SF
Property subtype
COMMERCIAL
Site & Location
Neighborhood
West Lawn
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$28,518
Building Details
Building Size
4,000 SF
Construction
brick
Listing Agency:
Morandi Properties, Inc
(708) 516-6666
Listed By:
Raymond Morandi · License #471003188
Source:
Angelawalkerhomes
Added: Nov 12, 2024
Changed: Oct 27
Last Checked: Oct 27 at 4:44AM
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 Morandi Properties, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot breakfast restaurant occupies an all-brick building. The sale includes the restaurant’s equipment, furniture, and fixtures, allowing the existing operation and its contents to transfer together.
The property comprises five PIN numbers and has combined parking for 55+ cars. It is located at 4715 W 63rd Street near Cicero Avenue, with Midway Airport, hotels, and an interstate also identified in the surrounding area.
The property comprises five PIN numbers and has combined parking for 55+ cars. It is located at 4715 W 63rd Street near Cicero Avenue, with Midway Airport, hotels, and an interstate also identified in the surrounding area.
Key Highlights
- 4,000‑square‑foot all‑brick restaurant building
- Sale includes restaurant equipment, furniture, and fixtures
- Five PIN numbers included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,612
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,240
$1.3M
Cap Rate 7%
$908,743
$908.7K
Cap Rate 9%
$706,800
$706.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$91.2K $22.80/SF
− Vacancy
−$6.4K −$1.60/SF
EGI
$84.8K $21.20/SF
− OpEx
−$21.2K −$5.30/SF
NOI
$63.6K $15.90/SF
Area
ZIP 60629
Vacancy
7.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,240
Cap Rate 7%
$908,743
Cap Rate 9%
$706,800
Alternative Uses
Best Use
Specialty Retail
$908.7K
$795.2K – $1.06M
NOI $63,612 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.59M
$3.14M – $4.19M
NOI $251,180 @ 7.0% cap · market cap 16.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
585
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60629, IL
114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- training — 6630 S Cicero Ave, Chicago, IL 60638
- The Market — 5700 S Cicero Ave, Chicago, IL 60629
- Einstein Bros bagels — Midway International Airport Terminal, 5700 S Cicero Ave, Chicago, IL 60629
Frequently Asked Questions
What type of property is this?
Breakfast & diner - The operating restaurant includes its furnishings and kitchen equipment.
Where is this breakfast & diner located?
The property is located at 4715 W 63rd Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 4,000‑square‑foot all‑brick restaurant building; Sale includes restaurant equipment, furniture, and fixtures; Five PIN numbers included
