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1320 Waukegan Rd
Glenview, IL 60025

Free Standing Restaurant · Retail Property For Sale

Executive Summary

**Freestanding restaurant space available for sale or lease** Prime location on Waukegan Road in Glenview with high visibility, boasting 23,000 vehicles per day (VPD) and an additional 31,000 VPD on nearby Lake Street. This 1,653 sq ft space is available for $599,000 or for NNN lease, with a property tax of $14,894.32. Highlights include 24 free public parking spaces adjacent to the property and an option for a drive-through. The property comes equipped with 5 wok stations, walk-in cooler, sushi display case, and an exhaust hood system. Located in a high-income area surrounded by national retailers and restaurants, this space offers excellent potential for a thriving restaurant business. The Village of Glenview offers an incentive program which offers a potential reimbursement of up to 50% of the cost of tenant improvements and/or facade enhancement up to various maximums based on the amount of private investment and cost eligibility.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,735 SF
Building Class
C
Year Built
1950
Price
$599,000
Price Per SF
$219
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.22 AC
Zoning
B-2 - Commercial District
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
70 FT on Waukegan

Amenities

  • Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 04-35-200-028-0000
  • 04-35-200-029-0000
Land Assessment
$50,348
Improvements Assessment
$18,900
Total Assessment
$69,248
  • Listing ID: 32476957

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 1320 Waukegan Rd, Glenview, IL 60025

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