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Chicago & Midwest  + Greater Chicagoland  + Retail  | 

SVN Chicago Facilitates Sale of Redeveloped Restaurant Property in Joliet

SVN Chicago Commercial has completed the $1.7 million sale of a 3,339-square-foot quick-service restaurant property located at 1866 West Jefferson Street in Joliet, Illinois.

The site features a fully gut-rehabbed, state-of-the-art facility positioned along a high-traffic retail corridor. Delivered as a modernized, turnkey asset, the property drew strong interest from both investors and owner-users seeking upgraded restaurant product in established suburban locations.

Spero Adamis, Joe Grody, and Lina Adamis of SVN Chicago Commercial represented the seller, while Anthony Di Mauro of Raki Consulting represented the buyer, Tacos El Tio, a restaurant chain in Chicago and the surrounding suburbs.

“By representing the Seller from the initial acquisition and subsequently after a total gut-rehab, we were able to deliver a modernized asset that the market responded to with overwhelming interest,” said Spero Adamis and Joe Grody, Team Leads at SVN Chicago Commercial’s Cornerstone Team, along with Team Member Lina Adamis.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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