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Tavern Property with Equipment
For Sale
Contact for pricing
Pending

1460 Rand Rd, Des Plaines, IL 60016

Established tavern business offered with the underlying real estate and updated equipment.

Property SizeContact for details
Days on Market142

Property Features for 1460 Rand Rd

General Information

Standard status Pending
Property subtype Special Purpose

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: Century 21 Affiliated Morton Grove
Listed By: Tina Miritello · License #IL 475122130
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:58PM

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 Century 21 Affiliated Morton Grove

Investment Insights

Based on property information with market context.

This bar and pub offering combines an operating tavern business with the underlying real estate. The property includes updated modern equipment and is presented as a clean, move-in-ready operation.

The asset is located at 1460 Rand Rd in Des Plaines, Illinois, within ZIP code 60016. The tavern has been operating for many years, providing an established business component alongside the real estate.

Key Highlights

  • Tavern business includes the underlying real estate
  • Updated modern equipment included
  • Operating tavern business established for many years

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Daycare Center Nail 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60016, IL

61,888
Population
25,613
Households
2.4
Avg Household Size
42
Median Age
43%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
5,115
Density / Sq Mi
$84,044
Median Household Income
$50,180
Median Earnings
$1,406
Median Rent
$300,700
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
Rey
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Similar Off Market Nearby

  • Miner Street Tavern 1492 Miner St, Des Plaines, IL 60016
  • 600 Lee St, Des Plaines, IL 60016 600 Lee St, Des Plaines, IL 60016
  • Des Plaines Theatre 1476 Miner St, Des Plaines, IL 60016
  • Bourbon 'N Brass Speakeasy 1476 Miner St, Des Plaines, IL 60016
  • Jimmy's Restaurant & Sports Bar 1440 Rand Rd, Des Plaines, IL 60016

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established tavern business offered with the underlying real estate and updated equipment.
Where is this bar & pub located?
The property is located at 1460 Rand Rd Des Plaines, IL.
What are key features of this property?
This property features: Tavern business includes the underlying real estate; Updated modern equipment included; Operating tavern business established for many years
More about this property
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