Retail Space
7 East 111th Street Chicago, IL 60628
Details & Description
Price: $350,000
    2nd Generation Drive-Thru located at 111th and State in Chicago’s Roseland neighborhood. Plug and play restaurant opportunity with walk-in coolers, 3 compartment sink, multiple hoods etc. Ready to open or lease with minimal work. Site includes a parking lot that fronts 111th Place that can accommodate 20+ cars or potentially be spun off for another use. 111th Street is a main corridor in the Roseland neighborhood. The site is adjacent to O’Reilly’s and in close proximity to many other national retailers (Walmart Supercenter, Planet Fitness, City Sports, Villa, Ross Dress for Less, Dollar General etc) , 111th/Pullman Metra Station, Gwendolyn Brooks College Prep and Palmer Park. In addition, there is an excellent employment base in the area (Method, Kellogg, Chicago Police Department and other major manufacturing and distribution with a large blue collar workforce.
    Additional Photos
    Listing Agents
    Nate Gautsche

    O: 773-327-9300
    M: 312-925-2521
    NateG@crer.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    7 East 111th Street

    Chicago, IL 60628

    Listing ID: 212747
    • 7 East 111th Street Chicago, IL 60628 | for Sale | Photo 1
    • 7 East 111th Street Chicago, IL 60628 | for Sale | Photo 2
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    • 7 East 111th Street Chicago, IL 60628 | for Sale | Photo 4
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    Building Size: 3,640 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $96.15
    Land $/SF:
    Price
    $350,000
    Description

    2nd Generation Drive-Thru located at 111th and State in Chicago’s Roseland neighborhood. Plug and play restaurant opportunity with walk-in coolers, 3 compartment sink, multiple hoods etc. Ready to open or lease with minimal work. Site includes a parking lot that fronts 111th Place that can accommodate 20+ cars or potentially be spun off for another use. 111th Street is a main corridor in the Roseland neighborhood. The site is adjacent to O’Reilly’s and in close proximity to many other national retailers (Walmart Supercenter, Planet Fitness, City Sports, Villa, Ross Dress for Less, Dollar General etc) , 111th/Pullman Metra Station, Gwendolyn Brooks College Prep and Palmer Park. In addition, there is an excellent employment base in the area (Method, Kellogg, Chicago Police Department and other major manufacturing and distribution with a large blue collar workforce.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Retail Space for Sale

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    Chicago Area Market Trends

    Listing Demographics for 7 East 111th Street Chicago, IL 60628

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population26,022146,769452,649
    Population Median Age394039
    Population by Age0-9 Yrs3626 (13%)17320 (11%)56199 (12%)
    10-19 Yrs3302 (12%)19887 (13%)63475 (14%)
    20-29 Yrs3897 (14%)20036 (13%)61108 (13%)
    30-39 Yrs3008 (11%)16921 (11%)52991 (11%)
    40-49 Yrs2782 (10%)17739 (12%)55295 (12%)
    50-59 Yrs3431 (13%)20005 (13%)63437 (14%)
    60-69 Yrs2825 (10%)17806 (12%)50894 (11%)
    70+ Yrs3152 (12%)17055 (11%)49251 (10%)
    Median HH Income$37,300$44,415$44,595
    Total Household Income< 24K3383 (37%)16347 (30%)50594 (30%)
    25-49K2251 (24%)13150 (24%)40517 (24%)
    50-74K1445 (15%)8623 (16%)26114 (15%)
    75-99K926 (10%)5743 (10%)18924 (11%)
    100-199K1011 (11%)8410 (15%)26749 (15%)
    200K+113 (1%)1358 (2%)4819 (2%)
    Highest Education LevelNo Diploma31951227239722
    Diploma or GED46212621384386
    Some College50622933485160
    Assoc. Degree1301825324439
    Bachelors Degree18841350441556
    Higher Degree985957026776
    Total Housing Units12,16364,161198,392
    --Owner-Occupied4,33331,24094,116
    --Renter-Occupied4,79722,39073,602
    Owner-Occupied Values< 100K1746893723424
    100-199K22211612145135
    200-299K280352016045
    300-399K4114585465
    400-499K04331887
    500K+447722160
    Total Working Age Population20,566117,452358,346
    In Work Force11,93168,994213,993
    Not In Work Force8,63548,458144,353
    Workforce Employed9,27457,479183,204
    Workforce Unemployed2,65711,49630,752
    Civlian Workforce11,93168,975213,955
    Military Workforce01937
    Total Households9,13053,631167,718
    Family Households5,28533,054103,040
    Non-Family Households3,84520,57764,677
    Married Couple1,90813,21246,106
    Other Family3,37719,84256,934
    Married w/Child5354,14717,188
    Single Male w/Child1529383,394
    Single Female w/Child1,1796,79619,947

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Will County502,266+35677,560+34907,625+201,093,207
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Lake County484,564+2496,005-3479,815+1482,321

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 7 East 111th Street in Chicago?
    The asking price for 7 East 111th Street is $350,000
    What is the building size of this Retail property in Chicago, IL?
    The size of the building/unit at 7 East 111th Street in Chicago is 3,640 square feet
    What is the population within 1 mile of 7 East 111th Street in Chicago?
    The population within 1 mile of 7 East 111th Street Chicago, IL 60628 is 26,022 people.
    Who do I contact for questions about 7 East 111th Street?
    You should contact the listing agent, Nate Gautsche, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 9
    Chicago O'Hare International Airport (ORD) 25
    South Bend Regional Airport (SBN) 67
    Price
    $350,000
    Listing Agent
    More listings from Nate Gautsche
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