7319 Lawrence Ave Harwood Heights, IL 60706
- Specialty properties
- 7,500 SF
- 0.52 lot acres
Current Use by Public Records
- Suparossa Carryout & Delivery / Lunch Restaurant / Pizza Takeout
- Cucina Biagio / Italian Restaurant / American Restaurant
Property Details for 7319 Lawrence Ave
- Year built
- 2000
- Lot size
- 0.52 lot acres
- Property size
- 7,500 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harwood Heights
- County
- Cook
- State
- Illinois
- Longitude
- -87.8098
- Latitude
- 41.9672