8315 Cottage Grove Ave Chicago, IL 60619
- Retail properties
- 19,250 SF
Current Use by Public Records
- Retail properties
Property Details for 8315 Cottage Grove Ave
- Property size
- 19,250 SF
- Property type
- Retail properties
Description
This exceptional retail opportunity presents a 19,250 square foot property located at 8315 S. Cottage Grove Avenue in Cook County. Currently operating as a successful Pepe's Restaurant for the past 25 years, this turnkey establishment offers 2,052 square feet of immediately available space. The building boasts a newly remodeled interior and is fully equipped for restaurant operations, including a drive-thru. The property sits on a sizable 16,500 square foot lot (150' x 110'), with an additional lot available, expanding the total area to 19,250 square feet. Its prime location on South Cottage Grove Avenue, a high-traffic area with 11,900 vehicles per day (VPD), ensures excellent visibility and accessibility. Situated just 100 feet from the intersection of Cottage Grove and 83rd Street, adjacent to a Falcon Fuels gas station, this property benefits from significant foot and vehicle traffic. Ideal for a quick-service restaurant (QSR) or a double drive-thru QSR, this property offers a rare chance to acquire a well-established, high-performing location with immediate occupancy. The single-tenant building presents a unique opportunity for a business seeking a turnkey operation in a thriving commercial area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6049
- Latitude
- 41.7434
