Equipped Conventional
For Sale
Contact for pricing
Pending
7041 North Milwaukee Avenue, Niles, IL 60714
Licensed food-service operation with an open kitchen, indoor dining, parking, and restaurant equipment in place.
Property SizeContact for details
Days on Market143
Property Features for 7041 North Milwaukee Avenue
General Information
Standard status
Pending
Property subtype
Special Purpose
Listing Agency:
A List Homes Realty
Listed By:
Edgardo Guerrero · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 11:53PM
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 A List Homes Realty
Investment Insights
Based on property information with market context.
This conventional restaurant occupies 1752+/- Sq. Ft. and is configured for food-service operations, with indoor dining, an open kitchen, and parking. Existing improvements include a 17 ft hood with black iron, a fully equipped POS, and a security system. The operation also includes a retail food license.
The restaurant is located at 7041 North Milwaukee Avenue in Niles, just east of Touhy Avenue. The initial lease term has 9 years remaining. Kitchen equipment includes a charcoal grill with cooler, two pita stands, a 3 Ft flat-top grill, and two deep fryers.
The restaurant is located at 7041 North Milwaukee Avenue in Niles, just east of Touhy Avenue. The initial lease term has 9 years remaining. Kitchen equipment includes a charcoal grill with cooler, two pita stands, a 3 Ft flat-top grill, and two deep fryers.
Key Highlights
- 1752+/- Sq. Ft. restaurant space
- 9 years left on initial lease term
- Retail food license included
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
845
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 48%
Home Improvements & Furnishings 4%
Starbucks
Dining
14,933 visits/mo
0.2 miles
Shell
Shops & Services
11,396 visits/mo
0.2 miles
Jiffy Lube
Shops & Services
3,545 visits/mo
0.5 miles
Visiting Angels
Home Improvements & Furnishings
1,198 visits/mo
0.4 miles
Demographics for 60714, IL
31,006
Population
11,867
Households
2.6
Avg Household Size
49
Median Age
39%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
4,922
Density / Sq Mi
$78,868
Median Household Income
$46,553
Median Earnings
$1,247
Median Rent
$351,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Licensed food-service operation with an open kitchen, indoor dining, parking, and restaurant equipment in place.
Where is this conventional restaurant located?
The property is located at 7041 North Milwaukee Avenue Niles, IL.
What are key features of this property?
This property features: 1752+/- Sq. Ft. restaurant space; 9 years left on initial lease term; Retail food license included
