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    2509 North Avenue

    Chicago, IL 60647
    • $789,900
    • STATUS: Active
    • ON SITE: 93 days
    • MLS #: 10656426
    UPDATED: 42 min ago
    $789,900
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,221
      SQFT
    • $245
      $/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 UPSIDE POTENTIAL. TURNKEY OWNER WILL TRANSITION BUYER. LOCATED IN BOOMING "WOW DISTRICT" ON CORRIDOR DIVIDING WEST BUCKTOWN AND EAST HUMBOLDT PARK. 2 BEDROOM APARTMENT ABOVE, GREAT CONDITION, BUSINESS INCLUDED.

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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 2020-06-06T09:50:39.09 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/103845601

    2509 North Avenue Chicago, IL 60647

    • Price: $789,900
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 10656426
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    3,221
    SQFT
    $245
    $/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 UPSIDE POTENTIAL. TURNKEY OWNER WILL TRANSITION BUYER. LOCATED IN BOOMING "WOW DISTRICT" ON CORRIDOR DIVIDING WEST BUCKTOWN AND EAST HUMBOLDT PARK. 2 BEDROOM APARTMENT ABOVE, GREAT CONDITION, BUSINESS INCLUDED.
    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 Name West On North Business Type Restaurant Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 999 Cost Of Goods Year 2019 Current Use Commercial Electrical Service 3 Phase Food Beverage Type Restaurant Gross Payroll 999 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 999 Gross Profit Expense Source Owner Projection Gross Profit Year 2010 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2019 Gross Sales Annual 999 Heat Ventilation Forced AirGas Inventory 999 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Living Quarters Included Miscellaneous Outside Enclosed PorchEnclosed StairsPatioSecurity GateSecurity LightingSecurity SystemStorms And Screens (As Exist) Net Operating Income Year 2019 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 2018 Taxes 9155 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerStructureWater/SewerCooking Gas Total Op Exp Year 2019 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 © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Worth Clark Realty.


    © 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 2020-06-06T09:50:39.09 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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