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Corner Restaurant Property

214 Chicago Rd, Paw Paw, IL 61353

For Sale
$75,000

Previously used for fast-food and pizza operations.

Property Size500 SF
Price / SF$150
Days on Market53

Property Features for 214 Chicago Rd

General Information

Standard status Active
Size 500 SF
Listing Agency: Tri-County Property Management & Sales LLC
Listed By: Roger Blomgren · License #471011215
Source: Grandviewrealtyservices
Added: Sep 15 Changed: Oct 25 Last Checked: Oct 7 at 5:38PM

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 Tri-County Property Management & Sales LLC

Rey
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Investment Insights

Based on property information with market context.

This restaurant property at 214 Chicago Rd has accommodated both fast-food and pizza operations. The existing commercial use provides a foundation for evaluating a new restaurant concept or continued food-service use.

The property occupies a corner position as motorists enter the Village of Paw Paw. A park is located on the opposite corner, and an elementary school is situated farther along Chapman Street. The surrounding context places the site near established community-oriented destinations while retaining its restaurant property identity.

Key Highlights

  • Former fast‑food and pizza property
  • Corner position at 214 Chicago Rd
  • Located as you enter the Village of Paw Paw

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Dental Office Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Real Estate Agency Veterinary Clinic

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

80
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61353, IL

1,207
Population
572
Households
2.1
Avg Household Size
45
Median Age
15%
College-Educated
95%
High-School Grad
32.3 sq mi
ZIP Area
37
Density / Sq Mi
$64,667
Median Household Income
$38,000
Median Earnings
$853
Median Rent
$163,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Previously used for fast-food and pizza operations.
Where is this conventional restaurant located?
The property is located at 214 Chicago Rd Paw Paw, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Former fast‑food and pizza property; Corner position at 214 Chicago Rd; Located as you enter the Village of Paw Paw
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