729 E North Avenue, Glendale Heights, IL 60139
sale
$1,450,000
|
Other
Courtesy Of Platinum Partners Realtors
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.
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Property Features
- Age: 41-50 Years Old
- Architecture Style: Other
- Building Units: 1
- Cooling System: Central Air
- MLSID: 12415958
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