IL
Cook
Northlake
60164
216 E North Avenue
216 E North Avenue, Northlake, IL 60164
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Listing Type
Commercial/Industrial
Listing Status
active
40
$725,000

Home Details for 216 E North Avenue

Price
$725,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1955
County
Cook
Garage
Days on site
238
MLS Listing#
12277990
Property 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. 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 allowing 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! Retiring Owners Will Look At All Serious Offers!!!!

Property Features
  • Cooling Information
    • Exhaust Fan
    • Window Unit(s)
Listing Courtesy: HomeSmart Connect LLC - 847-495-5000
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-07 15:45:38. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-07 15:45:38
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505 S. La Grange Rd, La Grange, IL 60525
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708 859 0650
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