$ 1,450,000
-
$1,450,000
Price -
0
Bed - Bath
-
5,276
SqFt
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About the Listing 21823 - 254093
PRIME COMMERCIAL RESTAURANT INVESTMENT OPPORTUNITY! Unlock a rare opportunity to own a fully leased, income-producing commercial asset along one of the busiest corridors in Chicagoland. Known locally as Schnitzel Platz, this freestanding, one-story restaurant spans 5,276 square feet. It sits on a generous 0.82-acre lot with excellent visibility on high-traffic East North Avenue with exposure to 57,300 vehicles daily, 175-foot frontage, and 50 paved parking spaces. This stabilized asset offers immediate, predictable cash flow and minimal landlord responsibility under a true triple-net lease structure. With a dependable tenant in place through 2029 and built-in 3% annual escalations, this is an ideal opportunity for both seasoned and first-time investors seeking long-term, passive income.
Listing Highlights for 729 E North Ave
Status
Active
Days on Site
59
Property Type
Commercial Sale
MLS ®
12415958
Year Built
1976
Total Square Footage
5,276
Lot/Acreage
0.82
County
DuPage
Area
Glendale Heights
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Bldg Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 175X200
- Zoning: RTAIL
- Roof:
- Others:
- Sewer:
- Parking Features: 31-50 Spaces
Financial Details
- Tax Amount: $29,830
- Taxes w/Assessments: N/A
- Tax/Property ID: 0502203025
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
729 E North Ave Glendale Heights, IL 60139
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