1180 Roosevelt Rd Glen Ellyn, IL 60137
- Turn key restaurants
- 4,350 SF
- 0.45 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 1180 Roosevelt Rd
- Year built
- 1977
- Lot size
- 0.45 lot acres
- Property size
- 4,350 SF
- Zone code
- C
- Property type
- Turn key restaurants
- APN
- 05-13-416-025
- APU
- 513416025
Description
This exceptional turnkey restaurant opportunity is located at 1180 Roosevelt Rd, Glen Ellyn, IL 60137. The 4,500 square foot, single-story building offers a thriving Cantonese and Mandarin Chinese takeout business in a high-traffic area. The property includes 35 parking spaces for customer convenience. The restaurant boasts 125 seats and is currently operating efficiently with only two employees. The monthly rent is $7,672, with taxes and insurance totaling $1,275 per month. The sale includes a fully functional kitchen equipped with a refrigerator and a POS system, all in excellent condition. This established business is ready for immediate operation, presenting a significant opportunity for a new owner to capitalize on its existing success and strong customer base. The property's prime location on Roosevelt Road ensures consistent customer flow, making it an ideal investment for a food-service entrepreneur. Ample free parking is a key advantage, enhancing customer experience and convenience. This is a rare opportunity to acquire a well-established, profitable restaurant with significant growth potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $845,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $925,000
- 6.5%
- $915,000
- 7%
- $860,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $800,000
- Geo Method
- $855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $865,000
- Retail
- $1,050,000
- Mixed-Use
- $875,000
- Hospitality
- $795,000
- Educational
- $850,000
- Residential Income
- $850,000
- Energy
- $920,000
- Income-Based Land
- $810,000
- Food Service
- $985,000
Location Insight
- Map
- Local Demand
- City
- Glen Ellyn
- County
- Dupage
- State
- Illinois
- Longitude
- -88.0334
- Latitude
- 41.86
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA