9858 Artesian AveEvergreen Park, IL 60805

For Sale
$2,990,000

Established Tavern, Prime Location, Motivated Seller

Overview

Added:
Dec 11, 2024
Days on market:
96
This exceptional turnkey restaurant opportunity in Evergreen Park, IL, presents a rare chance to acquire a well-established business. Located at 9858 S Artesian Ave, this 3,000 square foot, single-tenant property boasts a rich history, having been family-owned and operated since 1983. The asking price is $2,990,000, translating to $996.67 per square foot. The property includes a fully equipped kitchen featuring a hood system, refrigerator, freezer, four-top stove, flat-top grill, two pizza ovens, and a meat slicer. Three draft coolers and point-of-sale (POS) systems with credit card machines are also included. Adding to its appeal, the property features six gaming machines, a beer garden, and a venue suitable for live music and bands. Built in 1926, the building benefits from a recently replaced roof (three years old) and three-phase electric service. Ample parking is available with 20 spaces. This Class C property represents a unique investment opportunity for an owner/user seeking a profitable, established business in a desirable location. The current owner is retiring, presenting a motivated seller situation. This is a truly exceptional opportunity to step into a thriving business with significant potential for growth.

Highlights

  • $2,990,000 asking price for this Evergreen Park, IL restaurant.
  • 3,000 square foot retail building, Class C, single-tenant occupancy.
  • Owner/user investment opportunity, $996.67 per square foot.
  • Built in 1926, featuring one building and 20 parking spaces.
  • Established family-owned tavern operating since 1983, with a full kitchen, beer garden, and six gaming machines.

Property Details for 9858 Artesian Ave

Property type
Other retail properties, Restaurants
Square Feet
3,000 SF
Class
C
Year Built
1926
Buildings
1

Location Insight

City
Evergreen Park
County
Cook
State
Illinois
Latitude
41.7138054
Longitude
-87.6834431
9858 Artesian Ave, Evergreen Park, Illinois
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