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Property summary
This exceptional turnkey restaurant opportunity in Evergreen Park, IL, presents a rare chance to acquire a well-established business. Located at 9858 S Artesian Ave, this 3,000 square foot, single-tenant property boasts a rich history, having been family-owned and operated since 1983. The asking price is $2,990,000, translating to $996.67 per square foot. The property includes a fully equipped kitchen featuring a hood system, refrigerator, freezer, four-top stove, flat-top grill, two pizza… ovens, and a meat slicer. Three draft coolers and point-of-sale (POS) systems with credit card machines are also included. Adding to its appeal, the property features six gaming machines, a beer garden, and a venue suitable for live music and bands. Built in 1926, the building benefits from a recently replaced roof (three years old) and three-phase electric service. Ample parking is available with 20 spaces. This Class C property represents a unique investment opportunity for an owner/user seeking a profitable, established business in a desirable location. The current owner is retiring, presenting a motivated seller situation. This is a truly exceptional opportunity to step into a thriving business with significant potential for growth.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 10 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.12 ac
- Year built
- 1926
- Stories
- 1
- APN
- 24-12-228-021
- Assessed value · 2022
- $61,797
- Annual tax · 2022
- $24,456
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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