580 Burnham Ave, Calumet City, IL 60409-4001

This turnkey restaurant opportunity in Calumet City, Illinois, presents a unique chance to own a well-established business. Located at 580 Burnham Ave, this corner property boasts high visibility due to its prime stop-light location and ample parking. The 5,079 square foot building sits on a 19,280 square foot lot, offering significant potential. The property includes the real estate, building, and equipment, making this a truly all-inclusive acquisition. While the dining room sustained recent fire damage, the kitchen and bathrooms remain intact and the dining area has been cleared, ready for a fresh start. The asking price of $169,000 reflects the necessary renovations. The property has a history as a successful restaurant for over 30 years, and the existing liquor license adds significant value. 2023 property taxes, payable in 2024, totaled $41,651.83. The location offers the potential for video gaming, further enhancing revenue streams. This is a rare opportunity to acquire a fully equipped restaurant in a desirable location at a price comparable to a residential home. Don't miss this chance to establish or expand your restaurant business.