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$480,000
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Property Description
Excellent opportunity to own both a fully operational fast food carry-out restaurant and the real estate it occupies in Chicago's Park Manor neighborhood. Southtown Sub, a well-known name with over 30 years of history, relocated to this site just 3 years ago with a brand-new buildout featuring modern equipment, including a walk-in cooler and freezer. The property sits on a spacious lot with room for future expansion and is conveniently located just minutes from major highways, providing easy access and strong visibility. Both the business and real estate are included in the sale. The current owner is willing to provide training to ensure a smooth transition for the new owner-operator. Contact the listing agent today to schedule your private showing and explore this rare turnkey investment opportunity!
Full Property Details
Full Property Details for 112 E 71st St
General
- Sold For: $480,000
- Taxes: $12,657 (2024)
- Status: Closed
- Type: Business
- Source: MRED
- MLS ID: 12547568
Business
- Name: SouthTown Sub
- Business Type: Restaurant
- Years in Business: 11 or More
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: From I-94E take exit 59C toward 71St St. Take exit 59C to merge onto S Lafayette Ave. Take W 71st St to the destination
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 1,250
Lot Features
- Lot Size (Sq. Ft.): 11,933
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 100 x 118
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $12,657.4
- Tax Year: 2024
Disclosures and Reports
- Ownership: LLC
- Property ID: 20223220330000
Listed by Guidance Realty
Sold by Non Member
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Schools
Schools serving 112 E 71st St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Deneen Elementary School 7240 South Wabash Avenue, Chicago, IL 60619 | 7-8 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
112 E 71st Street, Chicago, IL 60619 (MLS# 12547568) is a Business property that was sold at $480,000 on August 25, 2026. Want to learn more about 112 E 71st Street? Do you have questions about finding other Business real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

