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10625 Ridgeland Ave 10,000 SF Specialty Building Offered at $1,910,745 CAD at a 14.60% Cap Rate in Chicago Ridge, IL 60415
Investment Highlights
- High visibility and foot traffic.
- Chicago Ridge is a growing market with a strong retail presence, offering significant business potential.
- Easy access from I-294 and other major roads, as well as public transportation options.
- Close to Chicago Ridge Mall, and national retailers like Target, Home Depot, and Aldi.
- Ideal for retail, dining, or service-oriented businesses, with flexible leasing or purchase options.
Executive Summary
Very well established family banquet facility with maximum 300 occupancy. Situated on 38,150 SQ ft lot. Banquet is dividable into 3 rooms depending on event size. Two bars and dance floors located on opposite ends. Fully equipped kitchen. Business is open and currently scheduling events regularly. Many early repeat customers. The property offers on-site parking. Please do not contact staff directly. Call listing agent.
Sale includes 9 lots: 24-17-118-009-0000, 24-17-118-010-0000, 24-17-118-011-0000, 24-17-118-012-0000, 24-17-118-013-0000, 24-17-118-014-0000, 24-17-118-053-0000, 24-17-118-055-0000, 24-17-118-057-0000.
BUYER MUST BE PRE-APPRV 0R HAVE PROOF OF FUNDS.
Sale includes 9 lots: 24-17-118-009-0000, 24-17-118-010-0000, 24-17-118-011-0000, 24-17-118-012-0000, 24-17-118-013-0000, 24-17-118-014-0000, 24-17-118-053-0000, 24-17-118-055-0000, 24-17-118-057-0000.
BUYER MUST BE PRE-APPRV 0R HAVE PROOF OF FUNDS.
Property Facts
Amenities
- Property Manager on Site
- Signage
About 10625 RIDGELAND AVE , CHICAGO RIDGE, IL 60415
This location is part of a thriving community, making it ideal for businesses looking to capitalize on the area's vibrant economy. The property is minutes from major highways, including I-294, ensuring convenient access for local and regional visitors.
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Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $141,392 CAD | |
| Land Assessment | $130,640 CAD | Total Assessment | $272,033 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$130,640 CAD
Improvements Assessment
$141,392 CAD
Total Assessment
$272,033 CAD
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Pro 1 Realty
10625 Ridgeland Ave
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