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729 E North Avenue Glendale Heights, IL 60139

$1,450,000
Active / MLS# 12415958 / Commercial - Retail / Glendale Heights
0 Beds
5276 SqFt

PRIME COMMERCIAL RESTAURANT INVESTMENT OPPORTUNITY! Unlock a rare opportunity to own a fully leased, income-producing commercial asset along one of the busiest corridors in Chicagoland. Known locally as Schnitzel Platz, this freestanding, one-story restaurant spans 5,276 square feet. It sits on a generous 0.82-acre lot with excellent visibility on high-traffic East North Avenue with exposure to 57,300 vehicles daily, 175-foot frontage, and 50 paved parking spaces. This stabilized asset offers immediate, predictable cash flow and minimal landlord responsibility under a true triple-net lease structure. With a dependable tenant in place through 2029 and built-in 3% annual escalations, this is an ideal opportunity for both seasoned and first-time investors seeking long-term, passive income.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.82 Acres
Stories: 1.0
Taxes: $29,830
Year Built: 1976

Feature Descriptions

Electric: Other
Exterior: Brick, Cedar, Combination
Fire Protection: None
Foundation: Concrete Perimeter
Frontage Type: Public Road
HVAC: Central Bldg Heat
Location: High Traffic Area
Lot Dimensions: 175X200
Miscellaneous Indoor: Private Restroom/s, Storage Inside
Number of Tenant(s): 1
Parcel#: 0502203025
Parking: 31-50 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Heat, Taxes, Insurance, Repairs, Roof
Units: 1

Location

See details and scored characteristics about this location.

Listing Office: Platinum Partners Realtors

Listing Office Phone: 630-435-3500



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