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10625 Ridgeland Ave

10,000 SF Specialty Building Offered at $1,959,529 CAD at a 14.60% Cap Rate in Chicago Ridge, IL 60415

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Investment Highlights

High visibility and foot traffic.
Chicago Ridge is a growing market with a strong retail presence, offering significant business potential.
Easy access from I-294 and other major roads, as well as public transportation options.

Close to Chicago Ridge Mall, and national retailers like Target, Home Depot, and Aldi.
Ideal for retail, dining, or service-oriented businesses, with flexible leasing or purchase options.

Executive Summary

Very well established family banquet facility with maximum 300 occupancy. Situated on 38,150 SQ ft lot. Banquet is dividable into 3 rooms depending on event size. Two bars and dance floors located on opposite ends. Fully equipped kitchen. Business is open and currently scheduling events regularly. Many early repeat customers. The property offers on-site parking. Please do not contact staff directly. Call listing agent.
Sale includes 9 APNS: 24-17-118-009-0000, 24-17-118-010-0000, 24-17-118-011-0000, 24-17-118-012-0000, 24-17-118-013-0000, 24-17-118-014-0000, 24-17-118-053-0000, 24-17-118-055-0000, 24-17-118-057-0000

Property Facts

Price	$1,959,529 CAD	Building Class	C
Price Per SF	$196 CAD	Lot Size	0.23 AC
Sale Type	Investment or Owner User	Building Size	10,000 SF
Cap Rate	14.60%	No. Stories	1
Sale Conditions	Business Value Included	Year Built/Renovated	1980/2016
Property Type	Specialty	Parking Ratio	10/1,000 SF
Property Subtype	Lodge/Meeting Hall Specialty Parking Lot

Price	$1,959,529 CAD
Price Per SF	$196 CAD
Sale Type	Investment or Owner User
Cap Rate	14.60%
Sale Conditions	Business Value Included
Property Type	Specialty
Property Subtype	Lodge/Meeting Hall Specialty Parking Lot
Building Class	C
Lot Size	0.23 AC
Building Size	10,000 SF
No. Stories	1
Year Built/Renovated	1980/2016
Parking Ratio	10/1,000 SF

Amenities

Property Manager on Site

Signage

About 10625 Ridgeland Ave , Chicago Ridge, IL 60415

This location is part of a thriving community, making it ideal for businesses looking to capitalize on the area's vibrant economy. The property is minutes from major highways, including I-294, ensuring convenient access for local and regional visitors.

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Walk Score ®

Very Walkable (77)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 24-17-118-057-0000 24-17-118-009-0000 24-17-118-013-0000 24-17-118-014-0000 24-17-118-012-0000 24-17-118-053-0000 24-17-118-055-0000 24-17-118-011-0000 24-17-118-010-0000	Improvements Assessment	$145,541 CAD
Land Assessment	$134,473 CAD	Total Assessment	$280,015 CAD