Glendale Heights, IL 60139 729 E North Avenue
$1,450,000



Presented By: Platinum Partners Realtors
Home Details
PRIME COMMERCIAL RESTAURANT INVESTMENT OPPORTUNITY! Unlock a rare opportunity to own a fully leased, income-producing commercial asset along one of the busiest corridors in Chicagoland. Known locally as Schnitzel Platz, this freestanding, one-story restaurant spans 5,276 square feet. It sits on a generous 0.82-acre lot with excellent visibility on high-traffic East North Avenue with exposure to 57,300 vehicles daily, 175-foot frontage, and 50 paved parking spaces. This stabilized asset offers immediate, predictable cash flow and minimal landlord responsibility under a true triple-net lease structure. With a dependable tenant in place through 2029 and built-in 3% annual escalations, this is an ideal opportunity for both seasoned and first-time investors seeking long-term, passive income.
Presented By: Platinum Partners Realtors
General for 729 E North Avenue
Additional Parcels Y/NNo
CityGlendale Heights
Construction MaterialsBrick, Cedar, Combination
CoolingCentral Air
CountyDuPage
DirectionsNorth Ave West of I-355 East of Glen Ellyn Rd
ElectricOther
Leasable Area
Lease TypeNet
Lot Size Square Feet35743
MLS AreaGlendale Heights
ModificationTimestamp2025-07-16T05:07:24.041Z
Net Operating Income111455
Number Of Units Total1
Property SubtypeRestaurant
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount29830.1
Tax Year2024
Tenant PaysAir Conditioning, Common Area Maintenance, Heat, Taxes, Insurance, Repairs, Roof
TownshipMilton
Year Built1976
ZoningRTAIL
Exterior for 729 E North Avenue
Building Area Total5276
Foundation DetailsConcrete Perimeter
Frontage TypePublic Road
Lot Dimensions175X200
Additional Details
Price History

Aaron Starck
President