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2701 W 87th St 3,060 SF Retail Building Evergreen Park, IL 60805 $1,095,232 CAD ($357.92 CAD/SF)

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EXECUTIVE SUMMARY

Commercial space is a turnkey business Retail-Resturant- Events- Likely not a Bar. **Capacity:** Accommodates up to 160 guests, making it perfect for weddings, corporate events, and social gatherings. - **Interior:** Beautifully finished with hardwood floors, showcasing the pride of ownership and meticulous attention to detail. - **Liquor License:** Currently holds a valid liquor license, adding significant value and convenience for hosting events. - **Compliance:** The venue has undergone a comprehensive rehab with all necessary permits and has passed local inspections. **Business Assets:** Sale includes all business supplies and a book of business. **Additional Features:** - **Basement Storage:** Ample space for storing event supplies and equipment. - **Parking:** New asphalt parking lot, striped for convenience, providing ample parking space for guests. - **Property Size:** - **Safety:** Equipped with a complete fire suppression system for peace of mind. - **Restrooms:** Separate men's and women's bathrooms, each with 2 stalls. This venue is not just a property; it's a thriving business opportunity. Whether you're an experienced event planner or an entrepreneur looking to enter the industry. Will train.

FINANCIAL SUMMARY (ACTUAL - 2023)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $29,299 $9.57
Operating Expenses - -
Total Expenses $29,299 $9.57

FINANCIAL SUMMARY (ACTUAL - 2023)

Taxes (CAD)
Annual $29,299
Annual Per SF $9.57
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $29,299
Annual Per SF $9.57

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,060 SF
Building Class
B
Year Built
1961
Price
$1,095,232 CAD
Price Per SF
$357.92 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.22 AC
Zoning
C - Commercail
Parking
40 Spaces (8.7 Spaces per 1,000 SF Leased)
Frontage
96’ on W 87th St

AMENITIES

  • Bus Line
  • Corner Lot

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • T Mari
  • Accommodation and Food Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
T Mari Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

Stone Age Crossfit
Pete's Market
Harold's Chicken Shack
Chase Bank
Five Guys
Checkers
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-01-201-008-0000
  • 24-01-201-011-0000
  • 24-01-201-010-0000
  • 24-01-201-009-0000
Land Assessment
$33,367 CAD (2024)
Improvements Assessment
$51,163 CAD (2024)
Total Assessment
$84,531 CAD (2024)
Annual Taxes
$29,299 CAD ($9.57 CAD/SF)
Tax Year
2023
  • Listing ID: 38490631

  • Date on Market: 2025-11-18

  • Last Updated:

  • Address: 2701 W 87th St, Evergreen Park, IL 60805

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