Turnkey Restaurant Opportunity | Fully Built-Out Kitchen

PROPERTY DETAILS

Fully equipped second-generation restaurant available through a lease assignment in a highly visible, signalized neighborhood shopping center. Formerly occupied by Uncle John’s BBQ, this 1,300-square-foot turnkey restaurant space includes a commercial kitchen buildout with essential restaurant fixtures already in place, allowing for a seamless transition for a new operator. The property is positioned at the busy intersection of Halsted Street and Ridge Road, benefiting from excellent traffic counts and strong visibility. With a fully occupied retail center, ample parking, and favorable lease terms, this is an ideal opportunity for restaurant operators looking to open quickly without the expense of a full buildout.

KEY DETAILS:

• Property Address: 17947 S. Halsted Street, Homewood, IL 60430
• Available Space: 1,300 SF
• Property Type: Retail / Restaurant
• Availability: Lease Assignment
• Base Rent: $3,455 per month
• Estimated Monthly Occupancy Cost: $4,755 per month
• Lease Type: NNN
• Remaining Lease Term: Through February 28, 2028
• Renewal Option: One (1) additional 3-year option
• Shopping Center Size: 9,018 SF
• Parking: 35 shared parking spaces
• Pro-Rata Share: 14.4%
• Utilities: Paid directly by tenant (gas, electric, water, and scavenger)
• Annual Rent Escalation: Approximately 3% (next increase to $3,563/month on March 1, 2027)