4835 111Th StAlsip, IL 60803

For Sale
$1,375,000

High-traffic area, established business, development potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 5,000 square foot commercial property, situated on nearly an acre (0.97 acres) at 4835 W 111th Street in Alsip, Illinois, presents a unique investment opportunity. Currently housing a long-standing and reputable pizza restaurant, the property offers immediate income potential for a buyer wishing to continue the existing business. However, its versatility extends far beyond its current use. The location is highly desirable, surrounded by recently established businesses including a Mediterranean restaurant, Belle Tire, Charleys Cheesesteaks & Wings, Cooper's Hawk, and Wendy's, indicating a thriving commercial area with high foot traffic. This prime location makes it ideal for a variety of ventures, including the addition of video games to the existing restaurant, conversion to a cannabis dispensary (subject to all applicable licensing and regulations), or complete redevelopment of the site. The asking price has been reduced to facilitate a swift sale to a qualified buyer. This is a confidential listing

Property Details for 4835 111Th St

Property type
Other commercial real estate
Square Feet
5,000 SF
Year Built
1970
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Alsip
County
Cook
State
Illinois
Latitude
41.69051
Longitude
-87.74093
4835 111Th St, Alsip, Illinois

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4835 111Th St
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