Skip To Content

2012 E 71st Street

Chicago, IL 60649
  • $625,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 11666392
UPDATED: 59 min ago
$625,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Once in a lifetime opportunity to own this income generating storefronts in upcoming area of South shore; one of the top priority communities selected in Mayor Lightfoot's invest South/West commercial corridor improvement. Owner of the building occupies one of the storefronts, and from there runs Jeffrey Chicken & Sub restaurant for many years. The restaurant has strong sales numbers and is for sale separately for $200K. Call/email for all financials on the restaurant or the building. Second store front is rented out to a grocery store for many many years it also has a strong rent history. The restaurant is roughly 2000sqft, and the grocery is about 3000 sqft approx. Additionally, there is a large unfinished basement underneath both the stores for storage etc. Each having their own access through the respective stores. National anchor stores are in close vicinity of this property. Ideal for owner operator or a franchise looking to move into this area.

Monthly Payment Calculator



© 2022 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 2022-11-27T21:57:39.533 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
www.lewkepartners.com/homes/134512809
Print Image

2012 E 71st Street Chicago, IL 60649

  • Price: $625,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 59 min ago
  • MLS #: 11666392
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - South Shore
County:
Cook
Area:
Chi - South Shore
Property Description
Once in a lifetime opportunity to own this income generating storefronts in upcoming area of South shore; one of the top priority communities selected in Mayor Lightfoot's invest South/West commercial corridor improvement. Owner of the building occupies one of the storefronts, and from there runs Jeffrey Chicken & Sub restaurant for many years. The restaurant has strong sales numbers and is for sale separately for $200K. Call/email for all financials on the restaurant or the building. Second store front is rented out to a grocery store for many many years it also has a strong rent history. The restaurant is roughly 2000sqft, and the grocery is about 3000 sqft approx. Additionally, there is a large unfinished basement underneath both the stores for storage etc. Each having their own access through the respective stores. National anchor stores are in close vicinity of this property. Ideal for owner operator or a franchise looking to move into this area.
Exterior Features

Lot Size Less Than .25 Acre Parking Total 0

Interior Features

Cooling Central Air Heat Ventilation Central Bldg HeatCentral Heat/Indiv Controls Miscellaneous Inside Multi-TenantPrivate Restroom/SStorage Inside

Property Features

Additional Parcels YN No Adjusted Net Income 132000 Adjusted Net Income Year 2022 Annual Rent For Real Estate 30000 Building Area Total 5000 Business Age 11+ Years Business Type Restaurant Gross Profit Year 2022 Gross Sales Annual 900000 Gross Sales Annual Year 2021 Mls Actual Status Active Operating Expense 297480 Ownership Types Corporation Property Offered For Sale Only Real Estate Included Yes Sale Price Includes Building Tax Annual Amount 21936 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatSewer Type Bus / Bus W/Real Est Type Of Lease Gross Lease Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 847-724-5800.


© 2022 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 2022-11-27T21:57:39.533 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
 
https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11666392-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11666392-1.jpg https://bt-photos.global.ssl.fastly.net/mred/orig_boomver_1_11666392-1.jpg
Logo
Keller Williams Success Realty
43 E Crystal Lake Ave
Crystal Lake IL, 60014