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Restaurant Space with Patio
New
For Sale
$550,000

21420 S Cicero Avenue, Matteson, IL 60443

An approved 70-seat layout provides a bar, full kitchen, office, and two restrooms.

Property SizeContact for details
Days on Market5

Property Features for 21420 S Cicero Avenue

General Information

Standard status Active
Property subtype Commercial

Restaurant

Patio Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $41,610

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1993
Listing Agency: ICANDY REALTY LLC
Listed By: SANDRA HANNAN
Source: Corcoran
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 21 at 2:22AM

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 ICANDY REALTY LLC

Rey
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Investment Insights

Based on property information with market context.

The cleared interior is suited to a restaurant configuration with 70 seats, a bar, full kitchen, office, and two restrooms. A patio overlooks a pond, and the approved plans may be included with the property. Equipment conveying includes a walk-in freezer and a separate exterior cooler. Electrical service is 400 amps, with an 800-amp distribution panel designated for the kitchen.

Key Highlights

  • Approved plans show a 70‑seat restaurant with bar and outdoor patio
  • Cleared interior; plans may be included with the sale
  • Walk‑in freezer and separate exterior cooler convey

Property Analytics

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

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Garden Center Kitchen & Bath Showroom Storage Facility Bakery Grocery & Convenience Store

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

765
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60443, IL

21,309
Population
8,672
Households
2.5
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
11.3 sq mi
ZIP Area
1,886
Density / Sq Mi
$93,941
Median Household Income
$57,463
Median Earnings
$1,377
Median Rent
$229,000
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 - An approved 70-seat layout provides a bar, full kitchen, office, and two restrooms.
Where is this conventional restaurant located?
The property is located at 21420 S Cicero Avenue Matteson, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approved plans show a 70‑seat restaurant with bar and outdoor patio; Cleared interior; plans may be included with the sale; Walk‑in freezer and separate exterior cooler convey
More about this property
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