$749,900
( $262.85Per Sq Foot )
 $4,026 est/mo Sourced by Back At You

216 E North Ave,Northlake, IL 60164

Northlake, IL 60164

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Description

Prime Northlake Investment Opportunity with High Visibility and Diverse Income Streams; This exceptional property on North Ave. in Northlake boasts a prime location with high traffic daily, ensuring exceptional visibility for your business. Mixed in close proximity many industrial and residential homes to benefit from the services offered here. Currently features a mix of established tenants - a hair and nail salon, pizza and Italian restaurant, and a leased 2 bedroom apartment - providing a diversified income stream and a wealth of options for future use. The brick beautiful building features large windows offering an abundance of natural light. Newer Roof and Hot Water Heaters. The space is both attractive and unique. Restaurant boasts an updated entry with seating area, order window and efficient kitchen with all the kitchen equipment staying (Walk-in refrigerator and 2 uprights, 4 freezers, large pizza ovens, oven/stove, large dough mixer, storage units, & more). Well Established business with same owners for 38 years! Salon operated by renters offers a large open area with private bath, and storage area which can be opened up to expand the restaurant. Enjoy tenant income or open up to extend restaurant seating area. Spacious 2 bedroom 1 bath apartment in the back enjoys the beautiful yard with covered patio currently rented boasts gleaming hardwood floors, retro cabinets and counters in eat in kitchen and bath. ALL units have Separate Water, Gas and Electric allows independent utility management. Abundance of storage in the Full basement with exterior entrance. Ample on-site parking makes this a perfect choice for businesses seeking a convenient high-traffic location. This incredible property won't last long! Don't miss your chance to invest in a prime location with established business with additional rental income or bring your creativity and the options could be endless! Owners Retiring and will look at all Serious Offers!!!!

Details

MLS #12278002
Listing TypeFor Sale
StyleCommercial
Building NameANTHONY'S PIZZERIA
Sub-TypeResale
StatusActive
Days On Site144
Listing Provided ByHomeSmart Connect LLC | Carla Heitz

Features

SQ Feet2,853
Story(s)1
ZoningRTAIL

Interior

CoolingExhaust Fan, Window Unit(s)

Exterior

RoofMembrane
Construction MaterialsBrick, Concrete

Taxes

Property8222

Market Activity 60164

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StateIL
CountyCook
CityNorthlake
Zip Code60164
AreaNorthlake
Listing VS Median (in 60164)
Price:
$749,900
low | high
Med:
$330,000
100% of Average
SqFt:
2,853
low | high
Med:
1,589
94.321766561514% of Average
$ / SqFt:
$263
low | high
Med:
$208
70.963331834075% of Average
On site:
144
low | high
Med:
15.500000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
SqFt: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
216 E North Ave Property Photo 1
$749,900
216 E North Ave
Northlake, IL 60164
Listing Updated: June 12, 2025 at 3:29:03 PM PDT