Oakbrook Restaurant Property For Sale

40 N Tower Road, Oakbrook, IL

$1,000,000

Price

6,420 sqft

Building Size

2.4 acres

Lot Area

Overview
Building Size
6,420 sqft
Lot Area
2.4 acres
Year Built
1976
Floors
15
Description

Huge Price Reduction!
Full-service restaurant and banquet facility available in Chicago's affluent suburb of Oak Brook. Ground floor commercial condo beneath 176 residential units. Soaring ceiling heights, hardwood floors, and exposed brick are among the features of this spacious buildout. The site benefits from high traffic counts and strong demographics. Surrounded by office and residential developments, corporate headquarters, and Chicago's #1 suburban retail corridor, this long-time restaurant location can take advantage of lunch and dinner clientele. The property has incredible signage exposure with an awning, lawn and highly visible pylon signage facing Butterfield Rd (Rt. 56). There are also 26 dedicated parking spaces with access to over 50.
This location has been a destination restaurant space in the Oak Brook area for over 40 years. Also available for lease at $18/SF NNN. Please do not disturb the tenant's employees or customers.

Oak Brook, IL is a high profile, densely populated and often visited suburb located approx. 20 miles west of downtown Chicago. Oak Brook is one of the more affluent Chicago area suburbs with immediate area average household incomes well over $140,000 and median home values over $800,000. Oak Brook has incredibly vibrant office and residential communities as well as the top retail corridor in all of Chicagoland.
Oak Brook Center Mall, just seconds from the subject property, has +2M SFof high-traffic retail and dining establishments with such popular names as Crate and Barrel, Pottery Barn, Nieman Marcus, Macy's, RH Gallery flagship store, and the number one performing Nordstrom department store in the entire chain. Many additional immediate area co-tenants include Gibsons, Fogo de Chao, Maggianos, Capital Grille, Dick's Sporting Goods, Home Depot, Yardhouse, PF Chang's and Costco to name just a few. The property is located on a heavily trafficked thoroughfare in Oak Brook adjacent to many retail, office, and residences with daily vehicle counts +40,000.

Highlights
  • Huge Price Reduction
  • Easy To Reconcept
  • Strong Demographics
  • High Traffic Counts
  • 26 dedicated parking spaces with access to over 50
  • Also Available For Lease at $18/SF NNN
  • Please do not disturb tenant's employees or customers
Documents

Location
Gallery