Restaurant Building with
800 W Broadway St Bradley, IL 60915
For Sale
$290,000
Restaurant building offering 60 parking spaces, service area, and a restaurant hood with Ansul fire suppression system.
Property Size4,000 SF
Price / SF$72.50
Days on Market164
Property Features for 800 W Broadway St
General Information
- Standard status
- Active
- Size
- 4,000 SF
Listing Agency:
Coldwell Banker Real Estate Group
(708) 334-2575
Listed By:
Shane Conneely
(708) 334-2575
Source:
Exprealty
Added: Feb 9
Changed: Jul 23
Last Checked: Jul 23 at 2:22PM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
This property is a restaurant-focused building with a commercial hood ventilation system and Ansul fire suppression. It includes a big service setup, restaurant kitchen ventilation, and 3 RTUs. Plumbing is described as all copper PVC, and the building has 4 rest rooms. The layout is noted as 2–3 units.
The site consists of 6 lots and provides parking for 60 vehicles.
Additional building systems include the specified service and ventilation components intended for restaurant operations, along with the stated restroom count and multi-unit configuration.
The site consists of 6 lots and provides parking for 60 vehicles.
Additional building systems include the specified service and ventilation components intended for restaurant operations, along with the stated restroom count and multi-unit configuration.
Key Highlights
- 4,000 SF restaurant building with a +700 SF basement
- 60 parking spots on 6 lots in the heart of Bradley
- 3 RTUs for heating and cooling
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $9.72 |
| − Vacancy | −$2.1k | −$0.53 |
| EGI | $36.7k | $9.19 |
| − OpEx | −$11.0k | −$2.76 |
| NOI | $25.7k | $6.43 |
4,000 SF · lease $9.72/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$432.0K
$378.0K – $504.0K
NOI $30,240 @ 7.0% cap · market cap 10.43%
Second Best
Specialty Retail
$393.7K
$344.5K – $459.3K
NOI $27,556 @ 7.0% cap · market cap 9.50%
Theoretical Best
Multifamily LT 5
$3.23M
$2.82M – $3.76M
NOI $225,885 @ 7.0% cap · market cap 77.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nana's Bakery & Cakes
Bakery
FAQs
What type of property is this?
Commercial kitchen - Restaurant building offering 60 parking spaces, service area, and a restaurant hood with Ansul fire suppression system.
Where is this commercial kitchen located?
The property is located at 800 W Broadway St Bradley, IL.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 4,000 SF restaurant building with a +700 SF basement; 60 parking spots on 6 lots in the heart of Bradley; 3 RTUs for heating and cooling
