For Sale
$399,000

14201 Doctor M.l.k. Jr DrDolton, IL 60419

Established Restaurant, Turnkey Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This 5,500 square foot retail property in Dolton, IL, at 14201 Doctor M.L.K. Jr Dr, is a fully equipped restaurant with a long-term tenant. The asking price is $399,000 ($72.55/sq ft). The property sits on a 7,000 square foot lot and is zoned B-1. The main space is approximately 4,300 square feet and houses a well-established breakfast and lunch restaurant with over 40 years of operation, serving a loyal customer base in Chicago, the Southeast Suburbs, and Northwest Indiana. An additional approximately 1,200 square feet is leased to a long-term tenant, providing supplemental income. The sale includes the real estate, the established business, all equipment, a fully equipped kitchen, inventory, furniture, fixtures, and the business's established reputation. Recent updates include new RTUs, furnaces, and water heaters. This turnkey opportunity allows for immediate operation of the existing restaurant or conversion to a new concept. The property presents a unique investment opportunity combining a thriving business with valuable real estate. The sale includes all business assets and proprietary information.

Highlights

  • Established restaurant with real estate available for sale at a competitive price.
  • Sale includes real estate, business, equipment, fully equipped kitchen, inventory, fixtures, proprietary information, and strong reputation.
  • Successful breakfast and lunch restaurant operating for over 40 years in a Chicago Southeast Suburban/NW Indiana community.
  • 4,300 SF restaurant boasts a loyal customer base and positive reviews.
  • Includes a 1,200 SF space occupied by a long-term tenant.
  • Opportunity to continue existing operations or implement a new concept.

Property Details for 14201 Doctor M.l.k. Jr Dr

Property type
Retail properties, Restaurants
Square Feet
5,500 SF

Location Insight

City
Dolton
County
Cook
State
Illinois
Latitude
41.637044234997
Longitude
-87.607602746678
14201 Doctor M.l.k. Jr Dr, Dolton, Illinois

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14201 Doctor M.l.k. Jr Dr
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