
Glenwood Plaza
Business for Sale | 17.35% CAP | 29,000 SqFt
Marketing description
Rarely does a fully stabilized, brand-new (2022-built), high-volume hospitality portfolio with real estate hit the market. This impeccably designed 2.5-acre retail center delivers $8.7M+ in combined annual revenue across three synergistic, cash-flowing operations — all offered together in one seamless turnkey transaction.
Highlights:
Two proven, high-grossing concepts under one roof.
Bevda’s Wine & Spirits – $4.1M annual sales | Modern liquor store with loyal following.
Chug-A-Lug Bar & Grill – $4.7M annual sales | Full kitchen, rooftop bar, event deck, billiards, gaming, elevator and rooftop enclosure.
Amchee Nitez @ Chug-A-Lug – Vibrant late-night destination with strong regional brand recognition (bundled with Chug-A-Lug). Currently operating as a private event space.
$2M+ in new furniture, fixtures, equipment & upgrades already invested — walk in Day 1 and collect cash flow.
Pristine 2022 construction on 2.5 acres (four parcels included) with top-tier finishes and infrastructure built to last.
Dominant location in a booming south Chicagoland commercial corridor with 35,200 daily traffic count.
Whether you’re an owner-user or an investor, this property represents a rare opportunity to secure a large, high-visibility commercial asset in a strong south suburban Chicago location.
Investment highlights
Newly Built 2022 | 29,000 Total Building Sq Ft
Class 8 Tax Incentive Approved 2025
Over $8.7M in combined annual revenue
Ability to separate real estate from the businesses and structure with new market-rate leases negotiated prior to closing
Excellent location just over 1-mile to I-80 interchange
Excellent systems in place for passive investment opportunity
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