Palatine, IL 60067 301 N Northwest Highway

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Presented By: Berkshire Hathaway HomeServices Chicago
  • MLS# 11970572
  • 01/31/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 6,800

Home Details

Welcome to a wonderful opportunity to purchase a growing quick serve restaurant business along with its prime real estate. This restaurant is charming, and boasts a long-term positive track record of profit and success. With a strategic location and a loyal customer base there is even more opportunity for growth. See below for an overview that will showcase the features and advantages of this great opportunity. Established Brand Reputation: Business has been around for 20 years and has established a great following and reputation for great food! Great Location: Business is located on the high traffic volume, high visibility, Northwest Hwy in Palatine. Open for Business: The sale of this business and real estate includes all the equipment, inventory, recipes, and name. In addition, the owner will smoothly transition the business to the new owner by working alongside of them for two months after the sale. Growth Potential: The new owner has the potential to expand hours as the restaurant is currently closed Monday's and closes daily at 9:00 pm and 8:00 pm on Sundays. Additionally, there can be more revenue streams captured through growing the catering and adding pizza. Real Estate: The restaurant is 3,400 square feet with an additional 3,400 square feet in the basement! Parking is never an issue with 48 parking spaces that span the property that is 3/4 acre. This is an outstanding opportunity to acquire both a successful turnkey restaurant business and its prime real estate location! This investment offers the ability to own a thriving business that will generate immediate profit with a trusted and established brand.
Presented By: Berkshire Hathaway HomeServices Chicago

Interior Features for 301 N Northwest Highway

Other Interior Features

Street SuffixHighway

General for 301 N Northwest Highway

Additional Parcels Y/NNo
Business TypeRestaurant
CityPalatine
CoolingCentral Air
CountyCook
Days on Market220
DirectionsNorth then South to property
Lot Size Square Feet32100
MLS AreaPalatine
Operating Expense0
PossessionClosing
Property TypeBusiness Opportunity
Property TypeBus / Bus w/Real Est
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount34993
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat

Exterior for 301 N Northwest Highway

Building Area Total6800
Lot Dimensions150X210

Additional Details

Price History

Worth Clark

Price $2,200,000
MLS#11970572
List Date 01/31/2024
Property Type Business Op
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