Maywood, IL 60153,1001 W Roosevelt RD
Maywood, IL 60153,1001 W Roosevelt RD
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$880,000
Est. payment /mo
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3,700 SqFt
New

1001 W Roosevelt RD Maywood, IL 60153

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Realty Executives Premier

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $237

MLS Listing ID 12441094

Year Built 2014

Annual Tax Amount $31,398

Tax Year 2023

Lot Dimensions 100x140

Property Sub-Type Retail/Stores

Property Description

(Part of a 3 property portfolio) 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 April 1, 2024, includes a 10% rental increase on April 1, 2029, with a 10-year renewal option featuring a 10% bump upon renewal and an additional 10% increase on 4/1/2039. 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 Maywood

Zoning RTAIL

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 1


Midwest Real Estate Data (MRED) IDX
Listed by Adam Haleem • Network Property Managment LLC

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Realty Executives Premier

Broker | License ID: RB14033486

+1(219) 405-3647

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1001 W Roosevelt RD