About 1001 West Roosevelt Road
(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.
Features of 1001 West Roosevelt Road
| MLS® # | 12441094 |
|---|---|
| Price | $880,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 2014 |
| Type | Commercial Sale |
| Sub-Type | Retail/Stores |
| Status | Active |
Community Information
| Address | 1001 West Roosevelt Road |
|---|---|
| Area | Maywood |
| City | Maywood |
| County | Cook |
| State | IL |
| Zip Code | 60153 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Additional Information
| Days on Market | 77 |
|---|---|
| Zoning | RTAIL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Network Property Managment LLC |
|---|---|
| Contact Info | neil@haleem.net |