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$930,000
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Property Description
(Part of a 3-property portfolio that can be sold together or separately) Net-leased investment property for sale featuring the successful S2 Express Grill, known for its culinary excellence and vibrant presence in the Chicagoland area. Operating 11 flourishing restaurants. A net-leased investment offers virtually no landlord responsibility, providing an attractive prospect for investors. The lease, initiated on January 1, 2020, includes a 10% rental increase on June 1, 2028, with a 10-year renewal option featuring a 10% bump upon renewal and an additional 10% increase on 6/1/2038. Founded in 2019 by Andre and Suheir Williams, S2 Express Grill has established itself as an extension of the popular S2 Ultra Bar in Calumet Park, IL, reflecting a dynamic and successful culinary journey.
Full Property Details
Full Property Details for 8734 S Stony Island Ave
General
- Price: $930,000
- Taxes: $45,336 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12441105
- Updated: 8/13/2025
- Added to Site: 163 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Calumet Heights
- County: Cook
- Township: Hyde Park
- Driving Directions: Between 87th and 88th on Stony Island next door to Popeye's Chicken on the west side of the street
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Structural Information
- Stories/Levels: 1
- Square Feet: 4,300
- Year Built: 1984
Lot Features
- Lot Size (Sq. Ft.): 16,645
- Lot Dimensions: 125 x 132
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Other
- Assessment Year: 1984
- Tax Amount: $45,336
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
Disclosures and Reports
- Property ID: 25022080270000
Listed by Network Property Managment LLC
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Schools
Schools serving 8734 S Stony Island Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mcdowell Elementary School 1419 East 89th Street, Chicago, IL 60619 | K-5 | 0.3 mi |
Caldwell Elementary Academy Of Math & Sci 8546 South Cregier Avenue, Chicago, IL 60617 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8734 S Stony Island Ave
Date
Details
Price
Change
Source
8/07/2025
Listed
$930,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8734 S Stony Island Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$45,336
3%
$182,364
—
2022
$43,987
25%
$182,364
23%
2021
$35,307
-11%
$148,540
-3%
2020
$39,797
11%
$153,179
—
2019
$35,778
2%
$153,179
—
2018
$35,136
-30%
$153,179
-25%
2017
$50,442
8%
$204,760
—
2016
$46,820
8%
$204,760
—
2015
$43,548
19%
$204,760
21%
2014
$36,583
1%
$169,873
—
2013
$36,178
2%
$169,873
—
2012
$35,568
—
$169,873
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8734 S Stony Island Ave
8734 S Stony Island Avenue, Chicago, IL 60617 (MLS# 12441105) is a Commercial property. 8734 S Stony Island Avenue is currently listed for $930,000 and was received on August 07, 2025. Want to learn more about 8734 S Stony Island Avenue? Do you have questions about finding other Commercial real estate for sale in Calumet Heights? You can browse all Calumet Heights real estate or contact a Coldwell Banker agent to request more information.

