905 Theodore StCrest Hill, IL 60403

Property Details for 905 Theodore St

Lot size

2.21 AC

Property type

Commercial real estate

APN

11-04-32-419-001

APU

110432419001

Description

This exceptional investment opportunity presents a fully operational, 16-lane bowling alley situated at 905 Theodore Street, Crest Hill, Illinois. The property, built in 1957, encompasses a substantial 22,000 square feet of gross leasable area on a 2.2-acre lot. The expansive space includes a fully equipped kitchen and a bar/restaurant, offering diverse revenue streams. With 155 parking spaces, ample customer parking is readily available. The property benefits from a highly visible location on Theodore Street, experiencing significant daily traffic exceeding 14,000 vehicles. This prime location is surrounded by densely populated residential areas, providing a built-in customer base for the established business. The single-tenant occupancy ensures ease of management and potential for strong rental income. This turn-key operation presents a rare opportunity to acquire a well-established business with significant growth potential in a thriving community. The property's size, amenities, and location combine to create a compelling investment prospect. The substantial parking and high visibility ensure easy access and strong brand recognition.

• Alternative Use

  Use

  Valuation

  Residential

  $33,168,960

  Hospitality

  $30,382,590

  Educational

  $25,277,958

  Medical

  $26,147,306

  Retail

  $39,321,268

Location Insight

City

Crest Hill

County

Will

State

Illinois

Latitude

41.5526

Longitude

-88.1055

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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