16440 State Street

    South Holland, IL 60473
    • $359,000
    • STATUS: Active
    • ON SITE: 220 days
    • MLS #: 10555145
    UPDATED: 39 min ago
    $359,000
    • 0
      BEDS
    • 1.0-1.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,977
      SQFT
    • $40
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Excellent opportunity to acquire a thriving dog boarding/grooming business with real estate upside in the additional lot. This is a great work/live property with a large 3 bedroom 1 bath 1500 SF apartment located above the business. Solid brick building with many additional features including heated floors, large garage storage, rental income, 2.5 car garage just to name a few. The kennel can house up to 96 boarders and has radiant heated floors throughout with exercise runs, kibble house storage, puppy house, ample parking and a large inventory list that will convey with the sale. The business is currently operational and is well known in the community. This is an incredible turn key opportunity for a strong operator. Excellent exposure on busy State St.

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    © 2020 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 MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-05-29T23:50:38.87 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. 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.

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    www.lewkepartners.com/homes/100210507

    16440 State Street South Holland, IL 60473

    • Price: $359,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 10555145
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.0-1.99 Acres
    Acres
    8,977
    SQFT
    $40
    $/SQFT
    Neighborhood:
    South Holland
    County:
    Cook
    Area:
    South Holland
    Property Description
    Excellent opportunity to acquire a thriving dog boarding/grooming business with real estate upside in the additional lot. This is a great work/live property with a large 3 bedroom 1 bath 1500 SF apartment located above the business. Solid brick building with many additional features including heated floors, large garage storage, rental income, 2.5 car garage just to name a few. The kennel can house up to 96 boarders and has radiant heated floors throughout with exercise runs, kibble house storage, puppy house, ample parking and a large inventory list that will convey with the sale. The business is currently operational and is well known in the community. This is an incredible turn key opportunity for a strong operator. Excellent exposure on busy State St.
    Exterior Features

    Approx Land Sq Footage 3000 Lot Dimensions 280 X 350 Lot Sq Ft 64556 Number Of Parking Spaces 20

    Interior Features

    Air Conditioning Central Individual Indoor Parking 1-5 Spaces Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 93000 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Type Service/Misc. Corporate Limits South Holland Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 60000 Cost Of Goods Year 2019 Current Use CommercialOther Gross Payroll 69000 Gross Payroll Expense Source Broker Projection Gross Payroll Year 2019 Gross Profit 165000 Gross Profit Expense Source Broker Projection Gross Profit Year 2019 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2019 Gross Sales Annual 225000 Heat Ventilation Central Bldg HeatForced AirOther Inventory 1000 Inventory Expense Source Broker Projection Inventory Year 2019 Known Encumbrances None Known Net Operating Income Year 2019 Net Profit 123000 Net Profit Source Broker Projection Possession Immediate Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 7107 Tenant Pays Other Total Op Exp Year 2019 Total Op Expense Source Broker Projection Total Operating Expenses 42000 Type Of Lease None Type Ownership Business Individual Zoning Type Indus

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Residential.


    © 2020 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 MTP, MRED or Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-05-29T23:50:38.87 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. 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.

    Digital Millennium Copyright Act
     
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