119 Lake StBloomingdale, IL 60108

For Sale
$399,000

High-Income Pizzeria, 1028 SF

Overview

Added:
Dec 11, 2024
Days on market:
94
This fully leased 1,028 square foot retail space, located at 119 W Lake St in Bloomingdale, IL 60108, presents a compelling investment opportunity. The property, classified as Class C, boasts a prime location in DuPage County and sits on a 0.31-acre lot. Originally built in 1966 and renovated in 2000, the building is zoned C and currently houses a soon-to-open pizza and sandwich shop. The asking price is $399,000, translating to $388.13 per square foot. The property offers a strong annual net income of $30,000. The tenant is poised to commence operations in January 2024, ensuring immediate cash flow for the investor. This versatile space, suitable for QSR, restaurant, or storefront uses, represents a solid addition to any commercial real estate portfolio. The property's history as a pizzeria suggests established infrastructure and potential for continued success in the food service industry. Detailed financial information is available upon request. Don't miss this chance to acquire a profitable, established business in a thriving location.

Highlights

  • Fully leased investment-grade property.
  • New pizza and sandwich shop tenant commencing operations.
  • Annual net operating income (NOI) of $30,000.
  • Detailed financial information available upon request.

Property Details for 119 Lake St

Property type
Other retail properties, Individual retail properties
Square Feet
1,028 SF
Class
C
Year Built/Renovated
1966/2000
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Bloomingdale
County
Dupage
State
Illinois
Latitude
41.9580389
Longitude
-88.0832634
119 Lake St, Bloomingdale, Illinois

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119 Lake St
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