Southwest Suburb – Former Restaurant, 9267 S. Cicero Ave., Oak Lawn, IL

Property Description: Freestanding restaurant with parking on high traffic intersection available for sale or lease.
Second generation former national restaurant space available for sale or lease. The property is located at the busy intersection of Cicero Ave. and Southwest Hwy. Direct high income residential consumer base and high traffic count surround this offering. Features include a large commercial kitchen with a large hood, two ADA bathrooms, and a 65-car parking lot. Growth and expansion opportunities include obtaining a liquor and gaming license, both permissible at this location.
Location: Oak Park
The Village of Oak Lawn enjoys a unique sense of community and stability. The neighborhoods are populated with oak tree lined parkways, lots of nearby open spaces, and a large park system. A convenient Metra station, parking garage, and mixed commercial-residential developments are also located within the Village. The Village hosts many special events and festivals.

oaklawn-il.gov

Purchase Price  $2,900,000 (RE) Property Taxes $21.88/SF, $77,768.34 (2022)
Lease Rate $36/SF NNN OpEx N/A
Size (Approx.)  3,280 SF (Bldg.), 46,865 SF (Lot) Zone C-2

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Adam Salamon
VP/Broker
312-575-0480 Ext. 116
adam@kudangroup.com

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9267 S. Cicero Ave., Oak Lawn, IL

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