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16136 S Park Ave

6,391 SF Retail Building South Holland, IL 60473 For Sale

Investment Highlights

  • Freestanding restaurant site in downtown South Holland
  • Charming neighborhood, local eateries
  • Village will partner with new owner in the development of a parking area to the rear of the building.
  • Concept plans for a restaurant conversion available
  • Conveniently close to 162nd St. (Rte 6)

Executive Summary

A freestanding retail building is now available for sale as a restaurant conversion in downtown South Holland. In keeping with the Village's vision for the downtown, the Village had exterior renderings drawn for a proposed restaurant development that takes full advantage of the existing building's features. The design depicts a modern, craftsman-style exterior façade with an outdoor dining space in front (please see photos or attached flyer). The Village also owns the parcel behind the building and will work with the new property owner to develop a surface parking lot to the rear of the building. The area is known for its quaint downtown atmosphere with other successful eateries and businesses nearby. Plus, the building's proximity to 162nd St (Rte 6) provides excellent accessibility. Floorplans for the existing building are shown on the flyer as well.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,391 SF
Building Class
C
Year Built
1980
Tenancy
Single
Building Height
1 Story
Building FAR
0.56
Lot Size
0.26 AC
Zoning
TCD - Town Center - TCD - Town Center

Amenities

  • Signage

Nearby Major Retailers

Fifth Third Bank
Starbucks
Chase Bank
First Merchants Bank
Jewel-Osco
Checkers
Harold's Chicken Shack
Anytime Fitness
Walt's Food Centers
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-15-307-024-0000
  • 29-15-307-049-0000
Land Assessment
$116,102 CAD
Improvements Assessment
$579,552 CAD
Total Assessment
$695,655 CAD
  • Listing ID: 32172733

  • Date on Market: 2024-06-18

  • Last Updated:

  • Address: 16136 S Park Ave, South Holland, IL 60473

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