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Property profile & analytics
FOR SALE
Retail space

20 W Golf Rd Des Plaines, IL 60016

0.37 ac lot Built 1964
Entity Owned ~ Est. High Equity
Property ID
US28-1216412
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,800 square foot, fully equipped restaurant located at 20 W Golf Rd, Des Plaines, IL 60016. Built in 2007, this second-generation restaurant is situated on a 0.48-acre lot with ample parking for approximately 40 vehicles. The property boasts 159 feet of frontage along the highly trafficked Golf Road, experiencing 27,900 vehicles daily, with an additional 16,300 vehicles daily on nearby S Mount Prospect Rd. Its convenient location is equidistant to downtown Des Plaines and Mount Prospect, and offers easy access to O'Hare International Airport. The C-3 zoning permits a variety of uses, making it ideal for an owner-user seeking a diner, grill, or fast-casual restaurant. All furniture, fixtures, and equipment are included in the sale price of $925,000. The existing drive-thru adds significant operational potential. This turnkey operation presents a rare opportunity in a prime location with high visibility and substantial traffic counts.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Lot 0.37 ac (16,107 SF)
APN 08-13-202-006
UPID US28-1216412
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
  • Johnny's Place Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$875k
Owner & transaction history
Om R&d LLC
Om R&d LLC
since 2025
Last sale
$875,000
7 recorded transactions
2025
$875,000
2020
Price N/A
2010
$445,000
2009
$655,000
1999
$207,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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