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Breakfast & Diner with Real Estate
For Sale
Contact for pricing
Pending

980 W Lake St, Addison, IL 60101

Operating restaurant business includes equipment, recipes, inventory, and proprietary information for a continuing operation.

Property Size9,620 SF
Lot Size1.77 Acres
Days on Market141

Property Features for 980 W Lake St

General Information

Standard status Pending
Size 9,620 SF
Lot size 1.77 Acres
Property subtype Business for Sale, Land, Retail
Zoning B-2

Site & Location

Road Frontage 400 ft
Traffic Count 33,000 vehicles/day
Road Access Yes

Additional Details

Business Included Yes
Land Use restaurant
Listing Agency: xr realty
Listed By: Adam Ramahi · License #475181710
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 9:56PM

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 xr realty

Investment Insights

Based on property information with market context.

The offering combines an operating breakfast and American diner business with its underlying real estate. The restaurant occupies a 9,620-square-foot building on a 1.77-acre parcel and includes equipment, recipes, inventory, and proprietary information. Current hours are 7 a.m. to 8 p.m., seven days per week. The business has a 4.3-star Google rating based on more than 2,000 reviews.

The property is located at 980 W Lake St in Addison, Illinois, with B-2 zoning and 400 feet of frontage along Lake St. Traffic is reported at 33,000 VPD. Site access includes two entrances and one exit, while the property also provides a large parking lot. The real estate may support continued restaurant use or redevelopment for retail, hospitality, office space, or a bar, as stated in the property information.

Key Highlights

  • 9,620‑square‑foot restaurant building on a 1.77‑acre lot
  • B‑2 zoning with 400 feet of frontage on Lake St.
  • Reported traffic volume of 33,000 VPD

Property Analytics

Current Use

Dapper's West Family ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Grocery & Convenience Store Big Box & Wholesale Store Pharmacy

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

33,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Shops & Services 38% Electronics 6%
Culver's Dining
17,006 visits/mo 0.4 miles
Thorntons Shops & Services
11,534 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
4,975 visits/mo 0.4 miles
Dairy Queen Dining
3,544 visits/mo 0.4 miles
BMO Harris Bank Shops & Services
3,199 visits/mo 0.4 miles

Demographics for 60101, IL

37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Millie's Pancake Shoppe Inc 605 W Lake St, Addison, IL 60101

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Operating restaurant business includes equipment, recipes, inventory, and proprietary information for a continuing operation.
Where is this breakfast & diner located?
The property is located at 980 W Lake St Addison, IL.
What are key features of this property?
This property features: 9,620‑square‑foot restaurant building on a 1.77‑acre lot; B‑2 zoning with 400 feet of frontage on Lake St.; Reported traffic volume of 33,000 VPD
(708) 250-4001 Call to check price and availability
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