Family Palace Restaurant

4751 North Harlem Ave, Harwood Heights, IL 60706

Property Information

  • For Sale $2,200,000
  • Property Type Other
  • Property Size 7,224 SF
  • Lot Size 0.56 Acre
  • Parking Spaces Avail. 30
  • Property Tenancy Single Tenant
  • Year Built 1969
  • Year Renovated 2014
  • Date Updated Apr 24, 2026

Description

Discover the vibrant community surrounding the location, offering a blend of urban conveniences and suburban charm. Situated in Harwood Heights, the area boasts a range of dining options, including the beloved Moretti's Ristorante & Pizzeria and the upscale Maya Del Sol. For shopping and entertainment, the Harlem-Irving Plaza is just moments away, featuring a variety of retail and dining experiences. The area also offers access to beautiful parks and recreational opportunities, providing a balance of work and leisure. With easy access to major roadways, including the nearby Kennedy Expressway, the location ensures seamless connectivity for professionals and visitors alike.7200/SF Newly renovated brick and stucco restaurant with long standing heritage. Opened in 1981, the Family Palace restaurant serves all-American Cuisine with that home-made touch. Some would call it a classic Greek diner, because its owned by Greeks who uphold the standards of all Greek restaurant owners and serve only the best in hot American Favorites.

Highlights

  • $1m refresher buildout in 2014
  • 2024 gaming numbers: $46,293 (Crisbertos Corp Owners Take)
  • 6 Gaming Machines
  • Broiler, 8-burner stove, flattop grill, 21 foot hood and a 10 foot hood,
  • Class A License
  • For Sale or Lease
  • Full Liquor Bar
  • LED Monument Sign
  • Multiple Steam tables and stand alone coolers and freezers,
  • Owner will carry paper
  • Reciprocal additional Parking with bank next door
  • Scratch Kitchen
  • Slicer, Hobart Mixer, Ice cream freezer, Burglar and Fire Alarms,

Contacts

Chad Severson

Troy Companies

Location

Contact Listing Broker
Chad Severson

Troy Companies

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