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Turnkey Bar & Grill With Gaming
For Sale
$775,000

9401 S Roberts Rd, Hickory Hills, IL 60457

Turnkey bar and restaurant with full kitchen, gaming areas, basement, and a second-floor apartment.

Property Size3,700 SF
Days on Market204

Property Features for 9401 S Roberts Rd

General Information

Standard status Active
Size 3,700 SF
Property subtype Retail

Building Details

Building Size 3,700 SF
Year Built 1952
Listed By: Karen Kulczycki, CCIM, SIOR · License #IL #471020279
Source: Svn
Added: Apr 1 Changed: Oct 5 Last Checked: Oct 20 at 7:23PM

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 Karen Kulczycki, CCIM, SIOR

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Investment Insights

Based on property information with market context.

This turnkey bar & grill includes full bar and gaming areas, a full kitchen with black iron infrastructure, and a basement. The property also features a second-floor residence with a living room and fireplace, plus an office and 3 bedrooms with 1.5 bathrooms.

The building has high-visibility frontage on Roberts Road with pylon signage. Public remarks also note abundant double-lot parking.

A new roof was installed in 2025, and the 2nd-floor layout includes storage space for additional income per the provided remarks.

Key Highlights

  • 3,700 SF turnkey bar & grill with full kitchen and video gaming areas on 0.3 AC
  • Video gaming income included; full bar and gaming areas in the main level
  • 2nd‑floor residence features a 3‑bedroom, 1.5‑bath apartment with living room, office, and fireplace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,938
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,760 $1.2M
Cap Rate 7%
$884,829 $884.8K
Cap Rate 9%
$688,200 $688.2K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$88.8K $24.00/SF
− Vacancy
−$6.2K −$1.68/SF
EGI
$82.6K $22.32/SF
− OpEx
−$20.6K −$5.58/SF
NOI
$61.9K $16.74/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,760
Cap Rate 7%
$884,829
Cap Rate 9%
$688,200

Alternative Uses

Best Use
Specialty Retail
$884.8K
$774.2K – $1.03M (±1% cap)
NOI $61,938 @ 7.0% cap · market cap 7.99%
Second Best
Industrial
$227.5K
$199.1K – $265.5K (±1% cap)
NOI $15,927 @ 7.0% cap · market cap 2.06%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,421 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Home Appliance Store Pet Grooming Service

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

840
Businesses Nearby
220k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 35% Groceries 25%
Jewel-Osco Groceries
54,297 visits/mo 0.2 miles
McDonald's Dining
31,562 visits/mo 0.4 miles
Chase Bank Shops & Services
21,503 visits/mo 0.2 miles
Shell Shops & Services
21,487 visits/mo 0.4 miles
Denny's Dining
13,454 visits/mo 0.5 miles

Demographics for 60457, IL

14,420
Population
5,745
Households
2.5
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
4,652
Density / Sq Mi
$85,360
Median Household Income
$49,310
Median Earnings
$1,112
Median Rent
$278,000
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

Similar Off Market Nearby

  • Sunnah Bar — 7541 W 99th Pl, Bridgeview, IL 60455
  • Kozy Koffee Inc. — 9700 s roberts rd, palos hills, il 60465
  • Kowal's Bar & Grill — 9401 S Roberts Rd, Oak Lawn, IL 60457
  • Prime Time Restaurant — 7750 95th St, Hickory Hills, IL 60457
  • May's Lounge — 7612 W 95th St, Hickory Hills, IL 60457

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey bar and restaurant with full kitchen, gaming areas, basement, and a second-floor apartment.
Where is this bar & pub located?
The property is located at 9401 S Roberts Rd Hickory Hills, IL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 3,700 SF turnkey bar & grill with full kitchen and video gaming areas on 0.3 AC; Video gaming income included; full bar and gaming areas in the main level; 2nd‑floor residence features a 3‑bedroom, 1.5‑bath apartment with living room, office, and fireplace
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