14201 Martin Luther King Jr Dr
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14201 Martin Luther King Jr Dr
5,500 SF Retail Building Dolton, IL 60419 $504,828 CAD ($92 CAD/SF)
INVESTMENT HIGHLIGHTS
- Well-established restaurant business with real estate for sale at competitive sales price.
- Approximate 1,200 SF long-term tenant that has occupied remainder of the subject property.
- Easily take over the existing business or convert to your own concept.
- Approximate 4,300 SF restaurant is a staple of the community with a loyal customer base and great reviews.
- Approximate 1,200 SF long-term tenant that has occupied remainder of the subject property.
- Recent updates include 2 new RTU'S, furnaces, water heaters, and restaurant equipment.
EXECUTIVE SUMMARY
Fully equipped restaurant for sale at competitive sales price including real estate, business, equipment, fully equipped kitchen, inventory, furniture, fixtures, business proprietary information and great reputation! Established breakfast and lunch restaurant with over 40+ years in business under its current name serving Chicago, Southeast Suburban community, and NW Indiana. The approximate 4,300 SF restaurant is a staple of the community with a loyal customer base and great reviews. Approximate 1200 SF long-term tenant that has occupied premises will help defer costs. Easily take over the existing business or open your own concept. Recent updates include 2 new RTU'S, furnaces, water heaters, and restaurant equipment. **DO NOT DISTURB CURRENT OWNER, EMPLOYEES, PATRONS OR TENANTS**
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
5,500 SF
Year Built
1954
Price
$504,828 CAD
Price Per SF
$92 CAD
Building Height
1 Story
Opportunity Zone
Yes
Zoning
B-1
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 29-03-400-025-0000 | Improvements Assessment | $63,902 CAD |
| Land Assessment | $7,473 CAD | Total Assessment | $71,375 CAD |
PROPERTY TAXES
Parcel Number
29-03-400-025-0000
Land Assessment
$7,473 CAD
Improvements Assessment
$63,902 CAD
Total Assessment
$71,375 CAD
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14201 Martin Luther King Jr Dr
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