Established Restaurant with Real
For Sale
Contact for pricing
14201 Doctor M.L.K. Jr Dr, Dolton, IL 60419
Turnkey restaurant opportunity with real estate in prime location.
Property Size5,500 SF
Price / SF$63.45
Days on Market886
Property Features for 14201 Doctor M.L.K. Jr Dr
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Retail
Zoning
B-1
Lease Type
Gross
Building Details
Tenancy
Multi
Listing Agency:
First In Realty, Inc
(708) 473-6121
Listed By:
Sarah Malburg · License #IL 898637
Source:
Crexi
Added: Mar 18, 2024
Changed: Aug 8
Last Checked: Aug 19 at 4:31PM
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 First In Realty, Inc
Investment Insights
Based on property information with market context.
The property at 14201 Doctor M.L.K. Jr Dr, Dolton, features an established breakfast and lunch restaurant that has been operating under the same name for over 40 years. The +/- 5,500 SF building is a cornerstone of the community, catering to Chicago, Southeast Suburban community, and NW Indiana residents. The sale encompasses the business, fully equipped kitchen, inventory, furniture, fixtures, and a strong reputation, presenting a turnkey opportunity for aspiring restaurateurs or investors. A long-term tenant occupies a portion of the building, providing added rental income. Recent updates include new RTUs, furnaces, and water heaters, ensuring operational efficiency and value.
Key Highlights
- Established Restaurant with Real Estate: A turnkey opportunity to own a thriving, long‑standing restaurant business and property.
- Prime Location on Doctor M.L.K. Jr Dr, Dolton: Offers high visibility and accessibility.
- Fully Equipped & Operational: Includes a fully equipped kitchen, inventory, furniture, and fixtures.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
3,536 visits/mo
0.3 miles
Maaco
Shops & Services
550 visits/mo
0.1 miles
Demographics for 60419, IL
21,409
Population
9,006
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
93%
High-School Grad
4.2 sq mi
ZIP Area
5,097
Density / Sq Mi
$58,706
Median Household Income
$38,841
Median Earnings
$1,399
Median Rent
$140,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Village Cafe in Dolton — 14201 Doctor M.L.K. Jr Dr, Dolton, IL 60419
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Turnkey restaurant opportunity with real estate in prime location.
Where is this breakfast & diner located?
The property is located at 14201 Doctor M.L.K. Jr Dr Dolton, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Established Restaurant with Real Estate: A turnkey opportunity to own a thriving, long‑standing restaurant business and property.; Prime Location on Doctor M.L.K. Jr Dr, Dolton: Offers high visibility and accessibility.; Fully Equipped & Operational: Includes a fully equipped kitchen, inventory, furniture, and fixtures.
