Natalie Luchsinger
Description
Strauss Realty, Ltd. has been exclusively engaged to market for sale 9707-29 Grand Ave., Franklin Park, Illinois, a commercial property situated on an approximately 51,500 SF lot with three buildings totaling approx.14,500 SF. The property consists of six commercial units with a diverse mix of established retail and service tenants, including a dance studio, convenience store, food shop, fitness studio and tattoo shop. The property is anchored by a freestanding restaurant building with dedicated parking and prominent signage, offering excellent visibility along Grand Avenue. The approx. 6,500 SF former Sneakers Sports Bar & Grill operated at the location since 2002 and is partially rebuilt, providing an excellent opportunity for an owner-user or experienced restaurant operator to establish a new neighborhood restaurant, sports bar or similar concept in a well-established, high-traffic location. The property offers a combination of existing income, dedicated parking, visibility and multiple commercial spaces, creating flexibility for both investors and owner-users. The location provides convenient access to O'Hare International Airport, I-294, I-90, I-290, and the region's extensive rail network.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1955
Lot Size: 1.18 acres
General Information
County: Cook
Listed By:
Strauss Realty Ltd
773-736-3600
MRED MLS
MLS ID: 12762762
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9707-29 W Grand Avenue, Franklin Park, IL 60131.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $979,000 | $979,000 | $979,000 |
| Down Payment | $195,800 | $34,265 | $244,750 |
| Monthly Mortgage Amount | $5,409 | $6,476 | $6,447 |
| Taxes | $1362 | $1362 | $1362 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $588 | $0 |
| Monthly Estimated Total | $7,057 | $8,712 | $8,095 |
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