216 E North Avenue, Northlake, IL 60164

$749,900

bedrooms

bathrooms

square feet

2,853

Acreage

Open Houses

year built

1955

Full Baths

Half Baths

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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!!!!

Location
Subdivision	-
County	Cook
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 12277990

Listing agent: Carla Heitz #475120364

Listing broker: Homesmart Connect Real Estate (847) 495-5000

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Last update: Tuesday, April 22 2025 at 2:37 p.m. EDT

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