For Sale

Listed by Matthew Mika and Norbert Mika from Compass

Source: Midwest Real Estate Data, LLC #11246000

9827 Leland Avenue, Schiller Park, IL, 60176

$1,300,000

63
0.88 ac.

SingleFam

•

30+ days on the market

What's around 9827 Leland Avenue

About this property

Price is for property and building alone. Business with all equipment and fully booked events available at additional price. Opportunity to purchase this recently remodeled 14,284 sf banquet/catering facility in the heart of the O'Hare market. This prime property is surrounded by small industrial, commercial, retail and residential properties. The offer price of $1,300,000 is for the building and property. Business is available, (which includes all furniture, fixtures and kitchen equipment). Owner has contracts for banquets through 2021 and way into 2022 and is willing to stay and train new operator for a short time. The 2018 remodel included: new drywall, paint, upgrade to LED light fixtures new lighted dance floor and new flooring in both ballrooms; and new walls, sinks, counters, tile floors, lights, and stalls in bathrooms. A new roof was installed in November 2017 with a 10-year warranty. The property is located just minutes from Donald E. Stephens Convention Center, Allstate Arena, Rosemont Theatre, Rosemont Entertainment District, MB Financial Park, the Fashion Outlets of Chicago and a wide variety of hotels, and is perfectly positioned to take advantage of the opportunity to host/cater the numerous corporate functions, holiday parties, bridal/baby showers, weddings, baptisms, cotillions, anniversaries, and other events that take place in the area. The property includes: - A 4.002 SF Front Banquet Hall that has a dedicated entrance, large skylights, and seating for 100 + 30 on the attached enclosed patio. - A 5,200 SF Back (Grand) Ballroom with its own entry/reception hall, bridal room, and 4 washrooms (2 mens + 2 womens), and seating for 250+. -A 5,082 Kitchen. The kitchen is situated between the 2 ballrooms, and it is capable of supporting banquets and outside catering assignments simultaneously. A dock provides access to the kitchen area for deliveries/loading. This property was completely remodeled 2018-2019. Business did not resume till July of 2019 so income numbers are based on 1/2 of the year. Projected gross sales for 2020 was over $700,000. with signed contracts in hand. Majority of those contracts have been moved into 2021 so new owner will take over with banquets already planned. If buyer is interested in business? If not owner will completely remove all business fixtures including kitchen facility, exhaust hoods freezers etc. Vacant 14000 plus square foot building with 12' ceilings loading dock area and parking. Taxes are paid and appeal in process.

Looking for more information on 9827 Leland Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$549,900
4744 Rose Street
Schiller Park IL 60176
5
Single-Family
Listing courtesy of Berkshire Hathaway HomeServices Starck Real Estate
For Sale
$549,900
4744 Rose Street
Schiller Park IL 60176
5
Single-Family

Other properties for sale by Compass

For Sale
$399,000
504/1501 Oak Avenue
Evanston IL 60201
2
2
1
Condo
Listing courtesy of Compass
For Sale
$1,200,000
2117 North Bingham Street
Chicago IL 60647
4
4
2
Single-Family
Listing courtesy of Compass
For Sale
$599,900
344/1040 W Adams St
Chicago IL 60607
2
2
1
Condo
Listing courtesy of Compass

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 7 Mar 2022. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent