8734 South Stony Island Avenue, Chicago, IL

$930,000

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About 8734 South Stony Island Avenue

(Part of a 3-property portfolio that can be sold together or separately) 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 January 1, 2020, includes a 10% rental increase on June 1, 2028, with a 10-year renewal option featuring a 10% bump upon renewal and an additional 10% increase on 6/1/2038. 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.

Features of 8734 South Stony Island Avenue

MLS® # 12441105
Price $930,000
Bathrooms 0.00
Acres 0.00
Year Built 1984
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 8734 South Stony Island Avenue
Area CHI - Calumet Heights
City Chicago
County Cook
State IL
Zip Code 60617

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 72
Zoning RTAIL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNetwork Property Managment LLC
Contact Infoneil@haleem.net

Listing Map

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