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Turnkey Restaurant with Drive-Thru Potential
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8315 S Cottage Grove Ave, Chicago, IL 60619

Long-time restaurant location with drive-thru, newly remodeled and equipped.

Space Size2,052 SF
Lot Size0.37 Acres
Days on Market1040

Property Features for 8315 S Cottage Grove Ave

General Information

Standard status Active
Size 2,052 SF
Lot size 0.37 Acres
Property subtype Retail, Restaurant

Building Details

Building Size 2,052 SF
Tenancy Multiple

Spaces For Lease

at 8315 S Cottage Grove Ave Contact us

Available Space

Size
2,052 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Michael Weaver · License #IL 471015806
Source: Crexi
Added: Oct 21, 2023 Changed: Aug 13 Last Checked: Aug 22 at 2:58PM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

This is a free-standing restaurant property located on South Cottage Grove Avenue, which has a traffic volume of 11,900 vehicles per day. The property has been operating as a Pepe’s drive-thru restaurant for the past 25 years. The restaurant has been newly remodeled and is fully equipped. The lot size is 150 feet by 110 feet, totaling 16,500 square feet, with an additional lot available that can be added for a total of 19,250 square feet. The property is located 100 feet off the intersection of Cottage Grove and 83rd, adjacent to a Falcon Fuels gas station. It is an ideal location for a quick-service restaurant or a double drive-thru quick-service restaurant. The property is available immediately.

Key Highlights

  • Turnkey, newly remodeled, and fully equipped restaurant ready for immediate operation.
  • Excellent location with high visibility on South Cottage Grove Ave (11,900 VPD).
  • Long‑time neighborhood staple, operating as a Pepe's drive‑thru for 25 years.

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Skin Care Clinic Cafe & Coffee Shop Gym & Fitness Center HVAC Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,508
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 46% Shops & Services 44% Dining 6% Electronics 4%
Nike Factory Store Apparel
20,344 visits/mo 0.3 miles
Dollar Tree Shops & Services
10,475 visits/mo 0.3 miles
Dollar General Shops & Services
8,630 visits/mo 0.1 miles
Chase Bank Shops & Services
5,668 visits/mo 0.5 miles
Foot Locker Apparel
3,261 visits/mo 0.5 miles

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Long-time restaurant location with drive-thru, newly remodeled and equipped.
Where is this drive through restaurant located?
The property is located at 8315 S Cottage Grove Ave Chicago, IL.
What are key features of this property?
This property features: Turnkey, newly remodeled, and fully equipped restaurant ready for immediate operation.; Excellent location with high visibility on South Cottage Grove Ave (11,900 VPD).; Long‑time neighborhood staple, operating as a Pepe's drive‑thru for 25 years.
More about this property
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