6728 16Th St Berwyn, IL 60402
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Established Bowling Center, High NOI
Property size:
10,000 SFProperty Features for 6728 16Th St
General Information
- Property type
- Investment properties
- Square Feet
- 10,000 SF
- Lot Size
- 21,780 SF
Listing Agency: SKYDAN Real Estate Sales Listing Agent: Frank Christiano
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a well-established bowling alley in Berwyn, Illinois. Located at 6728 16th St, 60402, this 10,000 square foot business sits on a half-acre lot and boasts a remarkable 37.50% capitalization rate, generating a substantial net operating income (NOI) of $1,200,000. The property includes a 12-lane bowling facility, a spacious bar and lounge area, and ample parking for 50 vehicles, encompassing two private lots and street parking. Currently, eleven established bowling leagues contribute to the consistent revenue stream, further enhanced by income generated from video poker machines. The business benefits from a loyal customer base cultivated by a professional and attentive staff, providing a superior bowling experience. This turnkey operation is ideal for an investor seeking a high-return, established business with significant growth potential. The long-time owner is retiring, presenting a rare chance to acquire a thriving enterprise in a desirable location within Cook County. The asking price for this exceptional property is $3,200,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Berwyn
- County
- Cook
- State
- Illinois
- Longitude
- -87.792722
- Latitude
- 41.8575977
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FAQs
What type of property is this?
Investment property - Established Bowling Center, High NOI
Where is this investment property located?
The property is located at 6728 16Th St Berwyn, IL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: High-return bowling alley investment in Berwyn, IL.; 10,000 sq ft building on a half-acre lot at 6728 16th St, 60402.; 37.50% capitalization rate and $1,200,000 NOI.