For Sale
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Property summary
The property is a banquet hall venue and associated commercial real estate totaling approximately 5,300 square feet, situated on a 0.15-acre lot. It was extensively renovated with updated building systems, including HVAC units, a replaced flat roof, and upgraded electrical and plumbing. Interior amenities include multiple restroom areas: a dedicated employee bathroom, a four-stall women’s restroom, and a two-stall men’s restroom with updated fixtures. The venue is equipped with a commercial kitchen designed for high-volume food service, featuring a walk-in cooler, a walk-in freezer, commercial stove and grill, deep fryer, and an exhaust fan. Additional included kitchen and service equipment includes a heating table and a dishwasher, along with tableware and service inventory such as china, tableware, and serverware. For guest use, the setup includes five flat-screen televisions and seating arrangements with approximately 25 tables and about 130 chairs. Parking is available via five private spaces at the rear of the building, with public parking provided along the frontage.
Property profile
VerifiedCap rate & NOI
Current use
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Radio Station Telecommunications Service
Location
Value estimations
Owner & transaction history
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Chicago market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Property 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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