2509 North Avenue

    Chicago, IL 60647
    • $829,900
    • STATUS: Active
    • ON SITE: 103 days
    • MLS #: 10065664
    UPDATED: 48 min ago
    $829,900
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,221
      SQFT
    • $258
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    WELL KNOWN AND BELOVED LOCAL RESTAURANT/BAR WITH REAL ESTATE. ESTABLISHED BUSINESS, HIGH OCCUPANCY, LARGE PATIO/GARDEN, GREAT NET OPERATING INCOME, EXPERIENCED OPERATOR. LOCATED IN BOOMING "WOW DISTRICT" ON CORRIDOR DIVIDING WEST BUCKTOWN AND EAST HUMBOLDT PARK. 2 BEDROOM APARTMENT ABOVE, GREAT CONDITION, BUSINESS INCLUDED. SBA OPPORTUNITY!! SELLER IS LICENSED REAL ESTATE BROKER IN ILLINOIS.

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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/86971472

    2509 North Avenue Chicago, IL 60647

    • Price: $829,900
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 10065664
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    3,221
    SQFT
    $258
    $/SQFT
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    Property Description
    WELL KNOWN AND BELOVED LOCAL RESTAURANT/BAR WITH REAL ESTATE. ESTABLISHED BUSINESS, HIGH OCCUPANCY, LARGE PATIO/GARDEN, GREAT NET OPERATING INCOME, EXPERIENCED OPERATOR. LOCATED IN BOOMING "WOW DISTRICT" ON CORRIDOR DIVIDING WEST BUCKTOWN AND EAST HUMBOLDT PARK. 2 BEDROOM APARTMENT ABOVE, GREAT CONDITION, BUSINESS INCLUDED. SBA OPPORTUNITY!! SELLER IS LICENSED REAL ESTATE BROKER IN ILLINOIS.
    Exterior Features

    Approx Land Sq Footage 2200 Construction BrickConcrete Frontage Access City Street Location Mixed Use AreaPublic Transport AvailFree Standing/Urban Lot Dimensions 25X125 Lot Sq Ft 3125 Number Of Parking Spaces 0 Roof Coverings Reflective CoatingRubber Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Public Restroom/S Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 999 Ann Rnt Expense Source Actual Annual Rent For Real Estate 60000 Business Age 4-6 Years7-10 Years Business Type Restaurant Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 999 Cost Of Goods Year 2017 Current Use Commercial Electrical Service 3 Phase Food Beverage Type Restaurant Gross Payroll 999 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 999 Gross Profit Expense Source Owner Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2017 Gross Sales Annual 999 Heat Ventilation Forced AirGas Inventory 999 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Living Quarters Included Miscellaneous Outside Enclosed PorchEnclosed StairsPatioSecurity GateSecurity LightingSecurity SystemStorms And Screens (As Exist) Net Operating Income Year 2017 Net Profit 999 Net Profit Source Owner Projection Possession Closing Potential Use CommercialLiquor License Property Offered For Sale Only Real Estate Included YN Yes Sale Terms ConventionalLease/PurchaseRent W/ OptionTrade/ExchangeLand/LeaseWrap Around Seating Capacity 100+ Tax Year 2017 Taxes 8211 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureWater/SewerCooking Gas Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 999 Type Of Lease Net Lease Type Ownership Business Corporation Unincorporated YN No Utilities To Site Electric To SiteGas To SiteWater-Municipal Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of American National Real Estate.


    © 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