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    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
    2010
    $445,000
    2009
    $655,000
    1999
    $207,500
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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