1001 W Roosevelt RD Maywood, IL 60153

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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 3,700 sqft

Price per Sqft $237

MLS Listing ID 12441094

Year Built 2014

Annual Tax Amount $31,398

Tax Year 2023

Lot Dimensions 100x140

Property Sub-Type Retail/Stores

Property Description

(Part of a 3 property portfolio) Net-leased investment property for sale featuring the successful S2 Express Grill, known for its culinary excellence and vibrant presence in the Chicagoland area. Operating 11 flourishing restaurants. A net-leased investment offers virtually no landlord responsibility, providing an attractive prospect for investors. The lease, initiated on April 1, 2024, includes a 10% rental increase on April 1, 2029, with a 10-year renewal option featuring a 10% bump upon renewal and an additional 10% increase on 4/1/2039. Founded in 2019 by Andre and Suheir Williams, S2 Express Grill has established itself as an extension of the popular S2 Ultra Bar in Calumet Park, IL, reflecting a dynamic and successful culinary journey.

Location

State IL

County Cook

Area Maywood

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Listed by Adam Haleem of Network Property Managment LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106