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$2,200,000
220 Days Online

301 N Northwest Highway
Palatine, IL 60067

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths
6,800
SqFt
$324
/SqFt

Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago vfvranas@bhhschicago.com

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(312) 409-3743
301 N Northwest Highway301 N Northwest Highway301 N Northwest Highway301 N Northwest Highway
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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.

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Listing Snapshot
Price 
$2,200,000
Days Online 
220 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
11970572
Status 
Active
Property Tax 
$34,993
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 months agoListing first seen online
8 months agoListing updated with changes from the MLS®
General Features
Number Of Stories 
1
Property Sub Type 
Business
SqFt Total 
6800
Interior Features
Cooling 
Central Air
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Community Features
MLS Area 
Palatine
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago vfvranas@bhhschicago.com



Based on information submitted to the MLS GRID as of 2024-09-29 07:25 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-29 07:25 PM UTC
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Neighborhood & Commute
Source: Walkscore
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