14201 Doctor M.l.k. Jr Dr Dolton, IL 60419
This 5,500 square foot retail property in Dolton, IL, at 14201 Doctor M.L.K. Jr Dr, is a fully equipped restaurant with a long-term tenant. The asking price is $399,000 ($72.55/sq ft). The property sits on a 7,000 square foot lot and is zoned B-1. The main space is approximately 4,300 square feet and houses a well-established breakfast and lunch restaurant with over 40 years of operation, serving a loyal customer base in Chicago, the Southeast Suburbs, and Northwest Indiana. An additional approximately 1,200 square feet is leased to a long-term tenant, providing supplemental income. The sale includes the real estate, the established business, all equipment, a fully equipped kitchen, inventory, furniture, fixtures, and the business's established reputation. Recent updates include new RTUs, furnaces, and water heaters. This turnkey opportunity allows for immediate operation of the existing restaurant or conversion to a new concept. The property presents a unique investment opportunity combining a thriving business with valuable real estate. The sale includes all business assets and proprietary information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.