Listing Agency: Lee & Associates - Chicago m***@lee-associates.com Show Phone

Listed By: Steve Radice · License #IL475208211

Source: Crexi

Added: Feb 21 Changed: Aug 8 Last Checked: Jul 19 at 8:08AM

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Investment Insights

Based on property information with market context.

This 6,148-square-foot property presents a restaurant conversion opportunity in South Holland, Illinois. The property is located in the South Holland area. Incentives are available for restaurant conversion.

Key Highlights

• Restaurant conversion opportunity
• Sought village location
• Incentives for restaurant conversion

Property Analytics

Property Profile

Current Use

Da Vita Inc Physician Referral Service

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

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

811

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 60473, IL

21,661

Population

7,969

Households

2.7

Avg Household Size

43

Median Age

27%

College-Educated

92%

High-School Grad

7.8 sq mi

ZIP Area

2,777

Density / Sq Mi

$88,046

Median Household Income

$40,903

Median Earnings

$1,914

Median Rent

$200,000

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

Questions? Ask Rey

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What type of property is this? Where is this restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Restaurant - Restaurant conversion opportunity in South Holland with incentives.

Where is this restaurant located?

The property is located at 16136 S Park Ave South Holland, IL.

What are key features of this property?

This property features: Restaurant conversion opportunity; Sought village location; Incentives for restaurant conversion