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

Glendale Heights, IL, 60139
$ 1,450,000
Bedrooms-- Baths-- Sq 5,276
729 E North Avenue, Glendale Heights, IL 60139 - Image 1
729 E North Avenue, Glendale Heights, IL 60139 - Image 2
729 E North Avenue, Glendale Heights, IL 60139 - Image 3
729 E North Avenue, Glendale Heights, IL 60139 - Image 4

Property for Rent in Glendale Heights, IL

for $1,450,000. This 5,276 square foot property was built in 1976 on a lot size of 0.820546.

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.

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Rental Active

Price

$ 1,450,000

Taxes

$ 29,830

Style

Lot Size

0.820546

Year Built

1976

Town/City

Glendale Heights

County/Region

DuPage

MLS | Web ID

12415958

Features
General
Cooling Central Air
Zoning RTAIL
Construction Materials Brick Cedar Combination
Year Built 1976
Electric Other
Tenant Pays Air Conditioning Common Area Maintenance Heat Taxes Insurance Repairs Roof
Stories Count 1
Township Milton
Property Subtype Restaurant
Tax Year 2024
County DuPage
Net Operating Income 111455
Property Type Commercial Sale Retail/Stores
Status Active
Directions North Ave West of I-355 East of Glen Ellyn Rd
City Glendale Heights
Number Of Units Total 1
MLS Area Glendale Heights
Lot Size Square Feet 35743
Tax Annual Amount 29830.1
Additional Parcels Y/N N
Leasable Area 0
Lease Type Net
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5276
Lot Dimensions 175X200
Frontage Type Public Road
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* Excluded Features
List By
Platinum Partners Realtors

Broker

sabrina@thegloverteam.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2025$1,450,000 Listed Price

Map


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729 E North Avenue, Glendale Heights, IL, 60139 is a Property for Rent at $1,450,000 with 5,276 sqft and a lot size of 0.820546. 729 E North Avenue was built in 1976. The property's zip code is 60139 which is in Glendale Heights, IL