Chicago, IL 60617,8734 S Stony Island AVE
Chicago, IL 60617,8734 S Stony Island AVE
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$ 930,000
Est. payment | /mo

4,300 SqFt


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$ 930,000
Est. payment | /mo
Save

4,300 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 4,300 sqft

Price per Sqft $216

MLS Listing ID 12441105

Year Built 1984

Annual Tax Amount $45,336

Tax Year 2023

Lot Dimensions 125 X 132

Property Sub-Type Retail/Stores

Property Description

(Part of a 3-property portfolio that can be sold together or separately) Net-leased investment property for sale featuring the successful S2 Express Grill, known for its culinary excellence and vibrant presence in the Chicagoland area. Operating 11 flourishing restaurants. A net-leased investment offers virtually no landlord responsibility, providing an attractive prospect for investors. The lease, initiated on January 1, 2020, includes a 10% rental increase on June 1, 2028, with a 10-year renewal option featuring a 10% bump upon renewal and an additional 10% increase on 6/1/2038. Founded in 2019 by Andre and Suheir Williams, S2 Express Grill has established itself as an extension of the popular S2 Ultra Bar in Calumet Park, IL, reflecting a dynamic and successful culinary journey.

Location

State IL

County Cook

Area Chi - Calumet Heights

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Midwest Real Estate Data (MRED) IDX
Listed by Adam Haleem of  Network Property Managment LLC 
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Lenart Elementary Regional Gifted Center

    Public | PK - 8

  • 10

    McDade Elementary Classical School

    Public | KG - 6

  • 10

    Poe Elementary Classical School

    Public | KG - 6

  • 9

    Earhart Options for Knowledge Elementary School

    Public | KG - 6

  • 8

    McDowell Elementary School

    Public | KG - 5

  • 7

    Dixon Elementary School

    Public | PK - 8

  • 6

    Turner-Drew Elementary Language Academy

    Public | KG - 8

  • 5

    Pirie Fine Arts and Academic Center Elementary School

    Public | KG - 6

  • 5

    Burnside Elementary Scholastic Academy

    Public | PK - 8

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

  • 5

    Hoyne Elementary School

    Public | KG - 6

  • 5

    Marsh Elementary School

    Public | PK - 8

  • 4

    Bennett Elementary School

    Public | KG - 8

  • 4

    Black Magnet Elementary School

    Public | KG - 8

  • 4

    Warren Elementary School

    Public | PK - 8

  • 4

    Coles Elementary Language Academy

    Public | KG - 8

  • 3

    Wadsworth Elementary School

    Public | PK - 8

  • 3

    Parkside Elementary Community Academy

    Public | PK - 8

  • 3

    Bouchet Math and Science Academy Elementary School

    Public | KG - 8

  • 3

    Burnham Elementary School

    Public | PK - 8

Middle Schools 1
  • 0

    Camelot Safe Academy School

    Public | 6 - 12

High Schools 12
  • 10

    Brooks College Preparatory Academy High School

    Public | 9 - 12

  • 8

    South Shore International College Prep High School

    Public | 12 - 12

  • 6

    Harlan Community Academy High School

    Public | 9 - 12

  • 4

    Corliss High School

    Public | 9 - 12

  • 3

    Chicago Vocational Career Academy High School

    Public | 9 - 11

  • 1

    Hirsch Metropolitan High School

    Public | 9 - 12

  • 1

    Epic Academy High School

    Public | 9 - 12

  • 0

    Magic Johnson - Roseland High School

    Public | 9 - 12

  • 0

    School of Leadership High School

    Public | 11 - 12

  • 0

    Winnie Mandela High School

    Public | 9 - 12

  • 0

    Bowen High School

    Public | 9 - 12

  • 0

    Camelot Safe Academy High School

    Public | 9 - 12

School and business data provided by Attom Data.
Mark Rantis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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8734 S Stony Island AVE