Chicago, IL 60617 8734 S Stony Island Avenue
$930,000
Presented By: Network Property Managment LLC
Home Details
(Part of a 3-property portfolio that can be sold together or separately) 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 January 1, 2020, includes a 10% rental increase on June 1, 2028, with a 10-year renewal option featuring a 10% bump upon renewal and an additional 10% increase on 6/1/2038. 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.
Presented By: Network Property Managment LLC
General for 8734 S Stony Island Avenue
Additional Parcels Y/NNo
Cap Rate8.51
CityChicago
CoolingCentral Air
CountyCook
DirectionsBetween 87th and 88th on Stony Island next door to Popeye's Chicken on the west side of the street
ElectricCircuit Breakers
Gross Income132522
Leasable Area4300
Lease TypeNet
Lot Size Square Feet16645
MLS AreaCHI - Calumet Heights
ModificationTimestamp2025-08-13T05:06:03.359Z
Net Operating Income79186
Number Of Units Total1
PossessionClosing, Immediate
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount45336
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
TownshipHyde Park
Year Built1984
ZoningRTAIL
Exterior for 8734 S Stony Island Avenue
Building Area Total4300
Lot Dimensions125 X 132
Additional Details
Price History

SQFT • 4,300