Oakbrook Restaurant & Banquet Facility

40 N Tower Road, Oakbrook, IL 60523

  • For Sale $1,000,000
  • Property Type Retail - Restaurant
  • Property Size 6,420 SF
  • Lot Size 2.4 Acre
  • Property Tenancy Single Tenant
  • Year Built 1976
  • Date Updated Apr 24, 2024
Oak Brook, IL is a high profile, densely populated and often visited suburb located approx. 20 miles west of downtown Chicago. Oak Brook is one of the more affluent Chicago area suburbs with immediate area average household incomes well over $140,000 and median home values over $800,000. Oak Brook has incredibly vibrant office and residential communities as well as the top retail corridor in all of Chicagoland. Oak Brook Center Mall, just seconds from the subject property, has +2M SFof high-traffic retail and dining establishments with such popular names as Crate and Barrel, Pottery Barn, Nieman Marcus, Macy's, RH Gallery flagship store, and the number one performing Nordstrom department store in the entire chain. Many additional immediate area co-tenants include Gibsons, Fogo de Chao, Maggianos, Capital Grille, Dick's Sporting Goods, Home Depot, Yardhouse, PF Chang's and Costco to name just a few. The property is located on a heavily trafficked thoroughfare in Oak Brook adjacent to many retail, office, and residences with daily vehicle counts +40,000.Huge Price Reduction! Full-service restaurant and banquet facility available in Chicago's affluent suburb of Oak Brook. Ground floor commercial condo beneath 176 residential units. Soaring ceiling heights, hardwood floors, and exposed brick are among the features of this spacious buildout. The site benefits from high traffic counts and strong demographics. Surrounded by office and residential developments, corporate headquarters, and Chicago's #1 suburban retail corridor, this long-time restaurant location can take advantage of lunch and dinner clientele. The property has incredible signage exposure with an awning, lawn and highly visible pylon signage facing Butterfield Rd (Rt. 56). There are also 26 dedicated parking spaces. This location has been a destination restaurant space in the Oak Brook area for over 40 years. Also available for lease at $18/SF NNN. Please do not disturb the tenant's employees or customers.Full-service restaurant and banquet facility available in Chicago's affluent suburb of Oak Brook. Ground floor commercial condo beneath 176 residential units. Soaring ceiling heights, hardwood floors, and exposed brick are among the features of this spacious buildout. The site benefits from high traffic counts and strong demographics. Surrounded by office and residential developments, corporate headquarters, and Chicago's #1 suburban retail corridor, this long-time restaurant location can take advantage of lunch and dinner clientele. The property has incredible signage exposure with an awning, lawn and highly visible pylon signage facing Butterfield Rd (Rt. 56). There are also 51 dedicated parking spaces. This location has been a destination restaurant space in the Oak Brook area for over 40 years. Also available for sale. Please do not disturb the tenant's employees or customers.

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Attachments

Highlights

  • Huge Price Reduction
  • Easy To Reconcept
  • Strong Demographics
  • High Traffic Counts
  • 51 Dedicated Parking Spaces
  • Also Available For Lease at $18/SF NNN
  • Please do not disturb tenant's employees or customers

Contacts

broker

Wayne Caplan

SVN | Chicago Commercial

(312) 529-5791

Location

Getting Around

  • Walk Score ®

    51/100 Somewhat Walkable
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Oakbrook, IL
  • Neighborhood Forest Gate
  • Zip Code 60523
  • Market Chicago

Points of Interest

  • Lombard

    3.28 miles

  • Fairview Avenue

    3.45 miles

  • Westmont

    3.48 miles

  • Villa Park

    3.58 miles

  • Downers Grove Main Street

    3.60 miles

  • Clarendon Hills

    3.77 miles

  • West Hinsdale

    3.87 miles

  • Hinsdale

    4.24 miles

  • Belmont

    4.34 miles

  • Elmhurst

    4.48 miles

  • Shell

    0.78 miles

  • Marathon

    1.08 miles

  • Road Ranger

    1.10 miles

  • Shell

    1.12 miles

  • Citgo

    1.16 miles

  • Mobil

    1.25 miles

  • Costco Gasoline

    1.28 miles

  • Thorntons

    1.40 miles

  • Speedway

    1.93 miles

  • BP

    1.97 miles

  • Holy Trinity Parking

    3.73 miles

  • P8

    3.86 miles

  • P7

    3.94 miles

  • P6

    4.08 miles

  • College 1A

    4.14 miles

  • Fawell A

    4.20 miles

  • College 1

    4.23 miles

  • Fawell B

    4.31 miles

  • College 2

    4.33 miles

  • Elmhurst Art Museum Parking

    4.33 miles

  • Reza’s

    0.02 miles

  • Brook’s Kitchen & Tap

    0.20 miles

  • Yard House

    0.25 miles

  • Weber Grill

    0.32 miles

  • McCormick & Schmick's

    0.34 miles

  • P.F. Chang's

    0.34 miles

  • LaBarra - Butterfield

    0.36 miles

  • DMK Burger Bar

    0.41 miles

  • Labriola Bakery & Cafe

    0.42 miles

  • Uncle Julio's

    0.45 miles

  • Target

    0.78 miles

  • TJ Maxx

    0.94 miles

  • JCPenney

    0.98 miles

  • Von Maur

    1.06 miles

  • Yorktown Center

    1.07 miles

  • ALDI

    1.08 miles

  • Marshalls

    1.12 miles

  • Pete's Fresh Market

    1.19 miles

  • Gordon Food Service

    1.39 miles

  • Ross

    1.63 miles

Frequently Asked Questions

What is the lease rate for Oakbrook Restaurant & Banquet Facility?

Rental asking rate at Oakbrook Restaurant & Banquet Facility is $500,000.00/YR.

What is the total square footage of Oakbrook Restaurant & Banquet Facility?

Oakbrook Restaurant & Banquet Facility totals 6,420 square feet.

When was this property built?

Oakbrook Restaurant & Banquet Facility was built in 1976.

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Contact Listing Broker

broker

Wayne Caplan

SVN | Chicago Commercial

(312) 529-5791