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    7319 Lawrence Ave, Harwood Heights, IL 60706

    7,500 SF 0.52 ac lot Built 2000
    Property ID
    Property summary
    AI-generated overview

    This exceptional Harwood Heights restaurant, located at 7319 W Lawrence Ave, presents a compelling investment opportunity. Boasting 7,500 square feet of interior space and a substantial 9,650 square feet of net rentable area, this property is ideally situated on a 0.52-acre lot. Built in 2000, the building is fully equipped and ready for immediate occupancy, offering a turnkey solution for restaurant operators. The property benefits from its prime location across from the newly constructed Portillo's, ensuring high visibility and significant foot traffic. Ample parking is available for patrons, enhancing the overall convenience and appeal of the location. The property is zoned B-1, providing flexibility for various uses and potential redevelopment opportunities. The asking price is $3,250,000, translating to a price per square foot of $433.33. This represents a unique chance to acquire a well-established restaurant in a thriving area with significant growth potential. The property's size, location, and existing infrastructure make it an attractive proposition for both established restaurant chains and ambitious entrepreneurs seeking a high-traffic location in a rapidly evolving neighborhood. The Cook County location and easy access from Lawrence Avenue further enhance its desirability. This is a rare opportunity to own a fully operational restaurant with significant upside potential in a prime location.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2000
    Total area 7,500 SF
    Lot 0.52 ac (22,651 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
    Current use
    Occupant on record · Public records
    • Suparossa Carryout & Delivery Take-out & Catering
    • Cucina Biagio Restaurant
    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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