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580 Burnham Ave
Calumet City, IL 60409

Retail Property For Sale

Investment Highlights

  • Stop Light Corner Restaurant
  • Turn Key Make money on Day One!
  • 3 Way Liquor License, Video Gaming, Full Kitchen

Executive Summary

Stop Light Corner w Turn Key Business! If you want to make money this is it! Liquor License Transferable, Video Gaming on site transferable. This has been an established restaurant with great customers for over 30 years. Great visibility and plenty of parking. Price includes real estate and business equipment. Where else can you buy a corner restaurant building that seats up to 180 for the price of a house. Confidential Offering please do not disturb employees! Additional Parking lot also available across street. UPDATE AS OF 1-26-24 RESTAURANT HAD A FIRE DAMAGE TO DINING ROOM , KITCHEN AND BATHROOM INTACT. ALL FIRE DEBRIS HAVE BEEN REMOVED.
NOW YOU CAN UPDATE DINING ROOM WITH YOUR PERSONAL TOUCHED FOR YOUR BUSINESS. OPEN TO ANY OFFER.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
1991
Price
$241,853 CAD
Price Per SF
$48 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.44 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
40 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
133 ft on Burnham

Amenities

  • Corner Lot
  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 30-07-423-006-0000
  • 30-07-415-037-0000
  • 30-07-423-007-0000
  • 30-07-423-010-0000
  • 30-07-415-040-0000
  • 30-07-423-008-0000
  • 30-07-415-038-0000
  • 30-07-423-009-0000
  • 30-07-423-011-0000
  • 30-07-415-039-0000
Land Assessment
$32,295 CAD
Improvements Assessment
$68,270 CAD
Total Assessment
$100,565 CAD
  • Listing ID: 25620311

  • Date on Market: 2022-05-03

  • Last Updated:

  • Address: 580 Burnham Ave, Calumet City, IL 60409

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