Available For Sale - Retail

14,284 SF | Show Pricing $

AVAILABILITY DETAILS

Size
14,284 SF
Price/SF
Show Pricing $
Listing ID
SA383489
Notes
THIS IS A CONFIDENTIAL SALE, SO PLEASE DO NOT DISTURB THE TENANT.



THIS IS A CONFIDENTIAL SALE, SO PLEASE DO NOT DISTURB THE TENANT. Opportunity to purchase this recently remodeled 14,284 sf banquet/catering facility in the heart of the O'Hare market. This prime property is located across the street from the Schiller Park Metra Station and is surrounded by industrial, commercial, retail and residential properties. The building can be easily converted to a variety of other commercial uses including daycare, manufacturing, distribution, and much more.



The sale price of $1,500,000 is for the building only, but a buyer can purchase both the building and the business (which includes all FF&E, including kitchen equipment) for $1,900,000.



The 2018 remodel included: new drywall, paint, upgrade to LED light fixtures and new flooring in both ballrooms; and new walls, sinks, counters, tile floors, lights, and stalls in bathrooms. A new roof was installed in November 2017 with a 10-year warranty.



The property is currently configured with a 4.002 SF Front Banquet Hall with a capacity of 100 people + 30 people on the attached enclosed patio, a 5,200 SF Grand Ballroom with its own entry/reception hall, bridal room, and 4 washrooms (2 mens + 2 womens), and seating for 250+, and a 5,082 SF Kitchen. The kitchen is situated between the 2 ballrooms, and it is capable of supporting banquets and outside catering assignments simultaneously. A dock provides access to the kitchen area for deliveries/loading.



The property is located just minutes from Donald E. Stephens Convention Center, Allstate Arena, Rosemont Theatre, Rosemont Entertainment District, MB Financial Park, the Fashion Outlets of Chicago and a wide variety of hotels.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Andrew Prunty, Apex Commercial Realty
BRE# 471020524