In A Freestanding Building Across Two Busy Plazas, Walking Distance To River Grove & Elmwood Park Rail Stations
River Grove, IL
Asking Price: $699,000
Gross Sales: $ (Asset Sale)
Net Operating Income: $ (Asset Sale)
Monthly Rent: $
Lease Expiration:
Options: (Property Included)
Year Established: 2015
Owner Operated: No
Seller Financing: No
Food Type: Bar, Italian, Pizza
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale With Property

Description:

Incredible freestanding brick building with large expansive windows, an amazing interior with a gorgeous bar and impeccable professional kitchen.

$150,000 worth of FF& E (fixtures, furniture & equipment included. Fully equipped with a $25,000 wood burning pizza oven, 14ft exhaust hood w/heated air return, 10-burner stove with oven, 2ft char grill, double stack convention oven, two 2-door reach in coolers, 1-door reach in freezer and so much more.

Entire restaurant completely renovated 4 years ago in 2016 with all new equipment, plumbing, electric, HVAC, roof and more.

Full liquor license. Also, video gaming is allowed in River Grove.

Previously operated as an Italian restaurant with bar. Great space for any type of restaurant.

Feel free to stop by the location first. This is a highly confidentially listing,. If interested, contact EatZ for more information. Showings by appointment only.

County: Cook
Location:

Prime retail space in a freestanding building with a 2nd entrance in rear along with ample shared convenient municipal parking. On busy Grand Ave. Adjacent to Mario Novelli’s Barber Salon and Starbucks. Across two busy plazas. Walking distance to River Grove and Elmwood Park Rail Stations.

Perfectly situated in River Grove, the village of “Friendly Neighbors.”

Real Estate: Owned
Facilities:

Lease Information: Also available, the option to lease to own. Property Information: Built in 1950. Gutted 2016. 2019 real estate taxes $11,000. Square Feet: 3,000. Seating: 45 Dining Room + 12 Bar. Days/Hrs of Operation: Closed.

Value of FF&E: Included In Asking Price
Competition:

Amazing décor. Stylish and hip atmosphere. Equipment in excellent condition. A woodfired pizza place, an upscale restaurant and a cool bar all in one!

Growth and Expansion:

Ideal restaurant location on the north side. Great neighborhood spot. Local gem. On Grand Ave lined with businesses and high traffic volumes! Surrounded by a vast commercial and residential area.

Seller Financing Available: No
Reason For Selling: Available.