$1,450,000

729 E North Avenue, Glendale Heights, IL 60139

  • 5,276 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon0.82acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $275/sqft
  • Property List Date Icon Listed 11 days ago

Property Description

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 Status:
Active
Listing Office:
Platinum Partners Realtors : 630-523-9989
Listing Agent:
Sabrina Glover : 630-523-9989
MLS ID:
12415958
  • A/C: Central Air

This listing courtesy of Sabrina Glover, Platinum Partners Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Forest Glen Elementary School

561 Elm St, Glen Ellyn, IL, 60137

Grades PK-5

1.13 miles away

H

Hadley Junior High School

240 Hawthorne Blvd, Glen Ellyn, IL, 60137

Grades 6-8

1.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.