5953 West 87th Street
About This Property for Sale
Marketing description
Turnkey Tobacco/Smoke Shop Opportunity with Hard-to-Find License in Oak Lawn!
Executive Summary
Seize a rare and highly lucrative opportunity to acquire an existing business on a high-traffic retail corridor in Oak Lawn, IL. This is a motivated sale of a business that the current owners simply do not have the time to manage.
The biggest asset? Oak Lawn is no longer issuing new tobacco licenses. This transaction offers a rare backdoor entry to bypass the city's freeze, take over an active tobacco license, and instantly capitalize on an established footprint.
With the right hands-on ownership and active management, the growth potential for this location is limitless. The seller is highly motivated and looking for a fast, clean execution. Bring all serious offers!
Investment Highlights
Unbeatable Below-Market Rent: Lock in an incredibly low rent of just $1,500/month—unheard of for this market and corridor, ensuring exceptionally low overhead and maximized profit margins from day one.
Grandfathered Tobacco License: Oak Lawn is currently not issuing any new tobacco licenses. This acquisition is your exclusive ticket into a protected local market with restricted competition.
Prime, High-Visibility Location: Strategically situated on heavily trafficked 87th Street, right between Ridgeland Ave and Central Ave. Benefit from massive daily car counts, excellent street visibility, and strong neighborhood demographics.
True Turnkey Asset: Skip the lengthy build-out times and municipal red tape. Take over the existing infrastructure and start generating revenue immediately.
Massive Growth Potential: The current ownership is completely absentee. A motivated owner-operator or an experienced team implementing modern inventory, marketing, and staff management can easily scale this business to its true ceiling.
Property & Business Overview
Location: 87th Street (Between Ridgeland Ave & Central Ave), Oak Lawn, IL
Monthly Rent: $1,500
Asset Type: Retail / Business Enterprise Value
Availability: Immediate (Seller seeking a fast closing)
Note to Investors: Opportunities with fixed-supply municipal licenses and sub-$2,000 rent on major Cook County thoroughfares do not stay on the market long. Contact us today to review financials/lease terms and secure this business before it’s gone.
Investment highlights
Turnkey Tobacco/Smoke Shop Opportunity with Hard-to-Find License in Oak Lawn!
Executive Summary
Seize a rare and highly lucrative opportunity to acquire an existing business on a high-traffic retail corridor in Oak Lawn, IL. This is a motivated sale of a business that the current owners simply do not have the time to manage.
The biggest asset? Oak Lawn is no longer issuing new tobacco licenses. This transaction offers a rare backdoor entry to bypass the city's freeze, take over an active tobacco license, and instantly capitalize on an established footprint.
With the right hands-on ownership and active management, the growth potential for this location is limitless. The seller is highly motivated and looking for a fast, clean execution. Bring all serious offers!
Investment Highlights
Unbeatable Below-Market Rent: Lock in an incredibly low rent of just $1,500/month—unheard of for this market and corridor, ensuring exceptionally low overhead and maximized profit margins from day one.
Grandfathered Tobacco License: Oak Lawn is currently not issuing any new tobacco licenses. This acquisition is your exclusive ticket into a protected local market with restricted competition.
Prime, High-Visibility Location: Strategically situated on heavily trafficked 87th Street, right between Ridgeland Ave and Central Ave. Benefit from massive daily car counts, excellent street visibility, and strong neighborhood demographics.
True Turnkey Asset: Skip the lengthy build-out times and municipal red tape. Take over the existing infrastructure and start generating revenue immediately.
Massive Growth Potential: The current ownership is completely absentee. A motivated owner-operator or an experienced team implementing modern inventory, marketing, and staff management can easily scale this business to its true ceiling.
Property & Business Overview
Location: 87th Street (Between Ridgeland Ave & Central Ave), Oak Lawn, IL
Monthly Rent: $1,500
Asset Type: Retail / Business Enterprise Value
Availability: Immediate (Seller seeking a fast closing)
Note to Investors: Opportunities with fixed-supply municipal licenses and sub-$2,000 rent on major Cook County thoroughfares do not stay on the market long. Contact us today to review financials/lease terms and secure this business before it’s gone..
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