$880,000

1001 W Roosevelt Road, Maywood, IL 60153

3,700 sqft

Commercial Property
Built in 2014
0.32acre lot
—— car garage
$238/sqft
Listed 3 months ago

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.

Listing Status:: Active
Listing Office:: Network Property Managment LLC : 708-873-5540
Listing Agent:: Adam Haleem : 708-800-6487
MLS ID:: 12441094

A/C: Central Air

Originating MLS: mred
County: Cook

Zoning: RTAIL15154300320000
Current Use: Commercial

Utilities: Circuit Breakers

Source: mred

This listing courtesy of Adam Haleem, Network Property Managment LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Proviso Math and Science Academy

8601 Roosevelt Rd, Forest Park, IL, 60130

Grades 9-12

0.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.