Banquet Hall/Catering Facility for sale in Chicago, IL, NW Suburbs

Cook County, IL

Banquet Hall/Catering Facility for sale in Chicago, IL, NW Suburbs
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Asking Price: $1,999,500

Gross Revenue: N/A

Price/Sq. Ft.: $140.00

NOI: N/A

Building SF: 14,300

FF&E: $300,000

Year Built: 1992

Banquet Hall/Catering Facility for sale in Chicago, IL, NW Suburbs

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Property Description

Excellent location in the heart of the O'Hare market.

This full service banquet hall with 5,000+ sf catering kitchen is located in the Northwest Suburbs of Chicago. Owner is asking $1,500,000 for the real estate only or $1,999,500 for real estate, business, and all FF&E. The exact location and additional business information will be provided once a confidentiality agreement is signed.

Detailed Information

Location:
Cook County, IL
Type:
Retail
Building SF:
14,300
Building Status:
Established
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
There are 2 banquet halls, one that seats 130 and another that seats 250. The property includes a 5,000+ square foot fully equipped catering kitchen. Both banquet halls have been fully remodeled in the past year and the roof was replaced in 2017.
Reason for Selling:
Owners are moving out of state
Current and Prior Use:
The property is currently used solely as a banquet facility, but the previous owner had a restaurant in the front of the building with gaming.
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Property Listed By:
Andrew Prunty

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