13150 143rd St Homer Glen, IL 60491-7813
This exceptional 7,500-square-foot restaurant space, formerly the Purple Onion, presents a unique investment opportunity in the thriving Homer Glen market. Located at 13150 W 143rd St, Homer Glen, IL 60491, this single-tenant property sits on a substantial 78,400-square-foot lot and boasts an impressive 136 parking spaces, ensuring ample convenience for patrons. The property is ideally situated just blocks from major retailers including Meijer, Jewel, Home Depot, and Menards, guaranteeing high visibility and foot traffic. The restaurant is equipped with essential commercial kitchen infrastructure, including a pre-installed hood system, walk-in cooler, and walk-in freezer, significantly reducing start-up costs for prospective operators. A notable feature of the previous tenant's operation was a dedicated gaming room, offering potential for diverse revenue streams. Will County property taxes are $6.40 per square foot. This turnkey restaurant space offers a compelling blend of location, size, and existing infrastructure, making it an attractive proposition for experienced restaurateurs and investors alike. The property's substantial lot size also allows for potential expansion or outdoor seating areas. This is a rare opportunity to acquire a well-positioned restaurant property in a high-demand area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.