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    FOR SALE
    Retail space

    10331 S Roberts Rd, Palos Hills, IL 60465

    0.6 ac lot Built 1988
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US28-0175402
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a ±3,200 square foot freestanding restaurant with a patio, situated on a 0.6-acre lot at 10331 S. Roberts Rd in Palos Hills, Illinois. The property, built in 1988 and extensively renovated in 2021, boasts a 100% occupancy rate with a single tenant, Hadhramaut Palace, operating under a five-year lease with renewal options. The restaurant features ample indoor seating for 150 patrons and a picturesque outdoor patio accommodating approximately 180. Significant improvements completed in 2021 include a modernized kitchen, updated hood system, new HVAC, roof replacement, bar expansion, upgraded plumbing, a new patio fireplace, an enhanced entertainment system, a restroom addition, and a renovated parking lot. The property also benefits from prominent pylon signage and digital signage. The site offers 28 surface parking spaces and enjoys a convenient location next to City Hall. The property is zoned B1A. This turnkey operation presents a compelling investment opportunity with a strong tenant and significant recent upgrades. The asking price is $775,000, representing a price per square foot of $242.19. The property's location in Palos Hills, Cook County, provides excellent access to major roadways and is approximately 26 miles south of downtown Chicago. The property's APN is 23-13-102-080-0000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1988
    Lot 0.6 ac (26,273 SF)
    APN 23-13-102-080
    UPID US28-0175402
    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
    • ATM Atm
    • Hadramout Palace Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Out Of Left Field Management LLC · 4 yrs held
    Out Of Left Field Management LLC
    since 2021
    Last sale
    $430,000
    7 recorded transactions
    2025
    2025
    2021
    $430,000
    2016
    $160,000
    2015
    2003
    $605,000
    2001
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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