author Kevin Conners 708-990-2762

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$2,550,000
New Listing

502 Dixie Highway
Beecher, IL 60401

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
8,000
SqFt
$319
/SqFt
1840
Built
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of EatZ Real Estate Group LLC
Call Now: 708-990-2762
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708-990-2762
502 Dixie Highway502 Dixie Highway502 Dixie Highway502 Dixie Highway
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The Princess Cafe, a historic gem located in Beecher, Illinois, has been a beloved fixture of the local dining scene since its establishment in 1977. This landmark restaurant has cultivated a reputation for excellence over the decades, becoming a staple for both residents and visitors seeking a premier dining experience. Known for its exceptional cuisine, warm ambiance, and dedicated service, The Princess Cafe offers a unique investment opportunity in a thriving community. The property spans a generous area, accommodating a seating capacity of 220 guests, making it one of the most substantial dining establishments in the region. The building itself is well-maintained, reflecting its decades-long history of success, while offering ample room for future upgrades or expansions if desired. The cafe is strategically situated along Dixie Highway, a major thoroughfare with a daily traffic count of approximately 9,200 vehicles, ensuring consistent visibility and accessibility. The restaurant boasts a well-laid-out parking lot with ample spaces, making it convenient for patrons and large parties to visit comfortably. Its corner location further enhances ease of access, a critical factor in its steady stream of loyal customers. Despite its size and capacity, the cafe operates efficiently with short business hours, typically open only five days a week and for four to five hours each evening. This operational model highlights its profitability, with minimal strain on resources, and offers new owners significant flexibility to expand hours or days of operation to capture even greater revenue. The Princess Cafe's financial performance is a testament to its success. The business has maintained robust profitability year after year. These figures underscore the cafe's strong financial foundation and its potential to deliver exceptional returns for its next owner. In addition to its core restaurant operations, the property features four gaming machines, which provide a supplemental revenue stream and an added layer of entertainment for guests. The cafe's limited hours, coupled with its dedicated customer base, demonstrate the strength of its brand and operational model. The restaurant's menu, renowned for its high-quality steaks and signature dishes like flaming saganaki, has earned it numerous accolades over the years. Many patrons describe it as a "destination restaurant," where families and friends gather to celebrate special occasions or enjoy a fine dining experience in a relaxed and welcoming atmosphere. Beecher, Illinois, where the cafe is located, is a growing village in Will County. The area is known for its historic charm, family-friendly environment, and strong economic indicators. With a strong median household income and a low poverty rate, the community provides an ideal demographic for a profitable restaurant business. Beecher's blend of suburban and rural characteristics attracts both local residents and travelers from surrounding areas, ensuring a steady flow of patrons to The Princess Cafe. In summary, The Princess Cafe presents an extraordinary opportunity for investors or restaurateurs seeking a highly reputable, profitable, and well-established business in a prime location. With its proven financial success, strong community ties, and significant growth potential, this is more than just a restaurant- it's a legacy. Serious buyers are encouraged to contact the listing broker to obtain detailed financial records and explore this rare opportunity to own a piece of Beecher's history.

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Listing Snapshot
Price 
$2,550,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1840
MLS® Number 
12259765
Status 
Active
Property Tax 
$30,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
14 hours agoListing updated with changes from the MLS®
14 hours agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Retail
SqFt Total 
8000
Interior Features
Cooling 
Central AirExhaust Fan
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Community Features
MLS Area 
Beecher
Listing Courtesy of MRED as distributed by MLS Grid of EatZ Real Estate Group LLC



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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