1290 Northwest Hwy Des Plaines, IL 60016

Property Details for 1290 Northwest Hwy

Year built

1985

Lot size

0.31 lot acres

Property size

1,775 SF

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This exceptional Class A restaurant, located at 1290 E Northwest Hwy in Des Plaines, IL 60016, is available for $688,000. Boasting 1,775 square feet on a 0.31-acre lot, this vacant property offers a turnkey opportunity for an owner-operator. Built in 1985 and extensively renovated in 2018, the building features a clean interior and is exceptionally well-maintained. The property benefits from a prominent location at the hard corner of Northwest Hwy (Rt 14) and Laurel Ave, with a large pylon sign ensuring high visibility. Ample parking is provided with 16 spaces. The high-traffic location sees nearly 20,000 vehicles pass daily. This area offers significant demographic advantages, with a population of 57,106 within a 2-mile radius and 303,196 within a 5-mile radius, boasting average household incomes of $94,344 and $110,104 respectively. The strong employment base includes nearly 22,000 employees within 2 miles and over 192,000 within 5 miles, primarily in education/health services and trade/transportation/utilities. Conveniently located 0.3 miles from the Des Plaines Metra Train Station (Union Pacific Northwest) and served by Pace Bus route #208, this property enjoys excellent accessibility. The revitalized downtown Des Plaines, with its surge in new apartment development, further enhances the property's appeal. This is a rare opportunity to acquire a well-established restaurant in a thriving location.

Location Insight

City

Des Plaines

County

Cook

State

Illinois

Longitude

-87.892

Latitude

42.0435