Skip To Content

999 N Confidential Street

Schiller Park, IL 60176
  • $2,999,900
  • STATUS: Active
  • ON SITE: 236 Days
  • MLS #: 12085314
$2,999,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:
Area:

School Ratings & Info

Description

Price is for Property, Building and Thriving Business With All Equipment and Fully Booked Events. Opportunity to Purchase This Recently Remodelled 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 $2,999,900., Includes Business (Which Includes All Furniture, Fixtures Every Item Needed to Operate and Facilitate Many Different Decors for Any Different Occasion and Fully Equipped Commercial Kitchen With Several Walk-in Coolers). Owner Has Contracts for Banquets Through 2024 and Into 2025 and is Willing to Stay and Train New Operator for a Short Time. There Are Two Full Separate Banquet Rooms With Large Kitchen Facility in Between Easily Able to Serve Both Elegant Rooms. Larger Room Accommodates 200-220 People Depending on the Type of Party. Large Private Party Up to 200 Comfortable or 220 With a Shared Party Environment Which of Recent Has Been Most Popular and Profitable Plus 100 to 120 in the Smaller Room. Owner Will Disclose Excellent Income Streams With Parties Booked Through the Year Every Weekend and More. the New Remodel Included: New Drywall, Paint, Upgrade to Led Light Fixtures New Marble Dance Floors and New Flooring and Lighting in Both Ballrooms. Larger Room is Facilitated by 4 Separate Washrooms Smaller Room 2 New Baths. Private Brides' Rooms and Office Area. New Walls, Sinks, Counters, Tile Floors, Lights, and Stalls in Bathrooms. This Property Has Been Completely Remodeled. a New Roof Was Installed in November 2017 With a 10-year Warranty. 63 Parking Spaces Plus Access to Additional Allowed Parking Across the Street. 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 Throughout the Year. Owner states over 2 million in gross so far for 2024 and bookings into 2025. 40% net margin of profit.

Monthly Payment Calculator



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.suburbanliferealty.com/homes/151708188
Print Image

999 N Confidential Street Schiller Park, IL 60176

  • Price: $2,999,900
  • Status: Active
  • On Site: 236 Days
  • MLS #: 12085314
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1985
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Price is for Property, Building and Thriving Business With All Equipment and Fully Booked Events. Opportunity to Purchase This Recently Remodelled 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 $2,999,900., Includes Business (Which Includes All Furniture, Fixtures Every Item Needed to Operate and Facilitate Many Different Decors for Any Different Occasion and Fully Equipped Commercial Kitchen With Several Walk-in Coolers). Owner Has Contracts for Banquets Through 2024 and Into 2025 and is Willing to Stay and Train New Operator for a Short Time. There Are Two Full Separate Banquet Rooms With Large Kitchen Facility in Between Easily Able to Serve Both Elegant Rooms. Larger Room Accommodates 200-220 People Depending on the Type of Party. Large Private Party Up to 200 Comfortable or 220 With a Shared Party Environment Which of Recent Has Been Most Popular and Profitable Plus 100 to 120 in the Smaller Room. Owner Will Disclose Excellent Income Streams With Parties Booked Through the Year Every Weekend and More. the New Remodel Included: New Drywall, Paint, Upgrade to Led Light Fixtures New Marble Dance Floors and New Flooring and Lighting in Both Ballrooms. Larger Room is Facilitated by 4 Separate Washrooms Smaller Room 2 New Baths. Private Brides' Rooms and Office Area. New Walls, Sinks, Counters, Tile Floors, Lights, and Stalls in Bathrooms. This Property Has Been Completely Remodeled. a New Roof Was Installed in November 2017 With a 10-year Warranty. 63 Parking Spaces Plus Access to Additional Allowed Parking Across the Street. 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 Throughout the Year. Owner states over 2 million in gross so far for 2024 and bookings into 2025. 40% net margin of profit.
Exterior Features

Outdoor Parking 51-100 Spaces Roof Rubber

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat Miscellaneous Inside Public Restroom/s Number Of TLDocks 1

Property Features

Additional Parcels YN No Approximate Age 26-35 Years Building Area Total 14284 Built Before1978 YN No Current Use Commercial Electric Other Fire Protection Partially SprinkleredSmoke or Fire ProtectorsSprinklers-Wet Geographic Locale O'Hare Gross Income 0 Gross Scheduled Income 0 Leasable Area 15000 Location CornerMixed Use AreaFree Standing/Urban Mls Actual Status Active Net Operating Income 0 Operating Expense 0 Possible Use CommercialIndustrialOther Property Offered For Sale Only Property Sub Type Distribution WarehouseManufacturing / Warehousing Tax Annual Amount 129988 Tax Year 2022 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsRoofScavengerStructureSewer Township Leyden Type Industrial Zoning INDUS

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass: 312-319-1168.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-02-06T23:59:54.467 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12085314-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12085314-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12085314-1.jpg
Logo
Suburban Life Realty
350 Sundown Rd.
South Elgin IL, 60177