Property summary
This thriving Alsip, Illinois restaurant presents a unique investment opportunity. The Dakota Inn, a well-established business operating for 29 years, boasts a 1,500 square foot building situated on a 0.69-acre lot. The property is zoned B2 and offers ample parking, including rear, front, and side spaces. The lot was recently resealed in 2023. Inside, you'll find high-top and bar seating, complemented by an outdoor patio with seating for live music (weather permitting). The kitchen, located on the main floor and in the basement, is equipped for catering and offers ample space for restaurant operations or carry-out service. The business includes a jukebox and darts, with gaming currently generating approximately $260,000 annually. Additionally, the business receives 50% of ATM fees. All employees are on payroll, and all equipment is owned. Food sales have shown consistent growth over the past two years. The asking price for this turnkey operation is $1,500,000, translating to $1,000 per square foot. This represents a compelling opportunity to acquire a profitable, established business with significant growth potential in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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