For Sale
$3,250,000

7319 Lawrence AveHarwood Heights, IL 60706

7,500 SF Restaurant w/ Parking

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional Harwood Heights restaurant, located at 7319 W Lawrence Ave, presents a compelling investment opportunity. Boasting 7,500 square feet of interior space and a substantial 9,650 square feet of net rentable area, this property is ideally situated on a 0.52-acre lot. Built in 2000, the building is fully equipped and ready for immediate occupancy, offering a turnkey solution for restaurant operators. The property benefits from its prime location across from the newly constructed Portillo's, ensuring high visibility and significant foot traffic. Ample parking is available for patrons, enhancing the overall convenience and appeal of the location. The property is zoned B-1, providing flexibility for various uses and potential redevelopment opportunities. The asking price is $3,250,000, translating to a price per square foot of $433.33. This represents a unique chance to acquire a well-established restaurant in a thriving area with significant growth potential. The property's size, location, and existing infrastructure make it an attractive proposition for both established restaurant chains and ambitious entrepreneurs seeking a high-traffic location in a rapidly evolving neighborhood. The Cook County location and easy access from Lawrence Avenue further enhance its desirability. This is a rare opportunity to own a fully operational restaurant with significant upside potential in a prime location.

Highlights

  • 7,500 SF interior space and 9,650 SF net rentable area on a 0.52-acre lot.
  • Turnkey restaurant, built in 2000, ready for immediate occupancy.
  • Prime location across from a new Portillo's, ensuring high visibility and foot traffic.
  • Ample on-site parking.
  • B-1 zoning allows for flexibility and redevelopment potential.
  • Asking price: $3,250,000 ($433.33/SF).

Property Details for 7319 Lawrence Ave

Property type
Specialty properties, Retail properties
Square Feet
7,500 SF
Year Built
2000
Lot Size (sq. ft)
22,651 SF

Location Insight

City
Harwood Heights
County
Cook
State
Illinois
Latitude
41.967196900535
Longitude
-87.80982164184
7319 Lawrence Ave, Harwood Heights, Illinois

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7319 Lawrence Ave
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