729 E North AVE Glendale Heights, IL 60139

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 5,276 sqft

Price per Sqft $274

MLS Listing ID 12415958

Year Built 1976

Annual Tax Amount $29,830

Tax Year 2024

Lot Dimensions 175X200

Property Sub-Type Retail/Stores

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.

Location

State IL

County Dupage

Area Glendale Heights

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Structure Type Brick,Cedar,Combination

Listed by Sabrina Glover of Platinum Partners Realtors

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106