10747 Grand Avenue

    Leyden Township, IL 60164
    • $900,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 10078068
    UPDATED: 48 min ago
    $900,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,424
      SQFT
    • $632
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    CASH COW bar located in (Unincorporated Cook County) available for a first time or experienced bar owner to purchase a turn key operation with a loyal customer base. This unique bar has been a pillar of the community since 1973 and is one of the ONLY bars in the area that has a 4 AM liquor license (***This can be achieved by keeping the existing corporation active which holds the 4 AM liquor license***). Thats right! The bar is open daily from 7 AM to 4 AM EVERYDAY which allows to make money virtually around the clock, (365) days a year! As an additional revenue source the bar is fully APPROVED by the Illinois Gaming Board to be an approved establishment for video poker machines. That being said, the average establishment produced an extra ($208,982.38) in revenues in the 2017 calendar year! Creative owner financing solutions available with a substantial down payment for all qualified buyers with a good credit report to the owners discretion. Property/bar will be sold "As Is"

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or T2K Properties. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than T2K Properties are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-10T06:52:32.19.

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    www.t2kproperties.com/homes/87349765

    10747 Grand Avenue Leyden Township, IL 60164

    • Price: $900,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 10078068
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    1,424
    SQFT
    $632
    $/SQFT
    Neighborhood:
    Leyden Township
    County:
    Cook
    Area:
    Leyden Township
    Property Description
    CASH COW bar located in (Unincorporated Cook County) available for a first time or experienced bar owner to purchase a turn key operation with a loyal customer base. This unique bar has been a pillar of the community since 1973 and is one of the ONLY bars in the area that has a 4 AM liquor license (***This can be achieved by keeping the existing corporation active which holds the 4 AM liquor license***). Thats right! The bar is open daily from 7 AM to 4 AM EVERYDAY which allows to make money virtually around the clock, (365) days a year! As an additional revenue source the bar is fully APPROVED by the Illinois Gaming Board to be an approved establishment for video poker machines. That being said, the average establishment produced an extra ($208,982.38) in revenues in the 2017 calendar year! Creative owner financing solutions available with a substantial down payment for all qualified buyers with a good credit report to the owners discretion. Property/bar will be sold "As Is"
    Exterior Features

    Approx Land Sq Footage 1424 Location Central Business District Lot Dimensions As Per Survey Lot Sq Ft 7100 Number Of Parking Spaces 40

    Interior Features

    Air Conditioning Central IndividualExhaust Fan/S Number Of Stories 1 Outdoor Parking 31-50 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Chances R Business Type Bar/Lounge/Nite Club Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2018 Electrical Service 201-600 Amps Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 0 Heat Ventilation Ceiling UnitsCentral Bldg HeatForced Air Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Living Quarters Possible Net Operating Income Year 2018 Net Profit 0 Net Profit Source Owner Projection Number Of Emp Full Time 2 Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2017 Taxes 0 Tenant Pays Air ConditioningElectricHeatJanitorialReal Property TaxesInsuranceScavengerWater/Sewer Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease None Type Ownership Business Trust Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Alexander Realty Llc.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or T2K Properties. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than T2K Properties are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-10T06:52:32.19.

    Digital Millennium Copyright Act
     
    T2K Properties
    8750 W. Bryn Mawr Ave. Suite 110E
    Chicago IL, 60631