This exceptional restaurant opportunity is located at 1341 Butterfield Road in Downers Grove, Illinois, zip code 60515. The property boasts a substantial 6,914 square feet of building space situated on a 1.1-acre lot. The property's Assessed Parcel Number (APN) is 06-30-409-022. This single-tenant retail space is ideally suited for a thriving restaurant business, benefiting from its prime location and significant square footage. The property's size allows for ample seating, kitchen space, and potential for expansion or modification to suit a variety of culinary concepts. The high-traffic location on Butterfield Road ensures excellent visibility and accessibility for customers. Detailed financial information and operational specifics are available upon request. Serious inquiries only. This is a confidential listing
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,658,116
6.5%
$1,530,568
7%
$1,421,242
Comparable approach
Method
Valuation
Relative Method
$1,598,223
Geo Method
$2,050,453
Alternative Use
Use
Valuation
Residential
$1,291,092
Hospitality
$1,182,633
Educational
$983,937
Medical
$1,017,776
Retail
$1,530,568
Location Insight
City
Downers Grove
County
Dupage
State
Illinois
Latitude
41.8329
Longitude
-88.0214
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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