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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8315 Cottage Grove Ave Chicago, IL 60619

19,250 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 19,250 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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