Former Checkers Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 29966957
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 897 SF
Gross Land Area: 0.69 Acres
Sale Price: $297,500
Unit Price: $331.66 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Checkers Restaurant
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2017

Overview / Comments

Masonry constructed former Checker's Double Drive-Thru on a .688 acre site with 102' fronting US Hwy 6 sharing access with Kohl's to the rear. Well maintained and includes dual Ansul R-102 wet chemical fire suppression systems serviced in 2015. Walk in cooler and freezer, ice maker, flattop with hood, deep fryer with hood. Triple stainless wash sinks, steam prep table with warming drawers. Power is 120V / 600 AMP / 3 Phase 4 Wire. Priced well below cost and as out lot valuation.

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Porter
Tax ID/APN: 64-05-25-226-006.000-016
Zoning: C-2
Property Visibility: Excellent
Largest Nearby Street: US Hwy 6
Feet of Frontage: 102
Traffic/Vehicle Count: 20,000
Area Description: Major retailer corridor of US 6 joining Meijer's, Menards, Wal-Mart and others. This asset sits on a Kohl's out lot along US 6 directly across from Portage High School. Multiple access points directly off of US 6 as well as from lighted intersection at Airport Road for easy access and great visibility.
Year Built: 2009
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,992 50,998 104,203
Median Age: 35.39 36.42 37.68
Households: 2,104 18,753 39,718

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