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    2705 Lawrence Avenue , C

    Chicago, IL 60625
    • $450,000
    • STATUS: Active
    • ON SITE: 141 days
    • MLS #: 10611243
    $450,000
    • 0
      BEDS
    • .25-.49 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Great location for Commercial on business street, by bus stop and across from Park in Lincoln Square. It was a well known Vietnamese Pho restaurant with a great number of clienteles. It had a counter for selling liquor for customers. There are 3 options that potential buyer/tenant can choose from : 1. buy outright the property for $530000 without the existing restaurant supplies and equipments. 2. buy the ready restaurant with all kitchen appliances, table/chairs and accessories for $40000 and lease the space for $4200 a month with a minimum of 3 years lease with option to renew 3. lease the space for $4500 a month with a minimum of 3 years lease with option to renew with a different kind of business without purchasing the existing restaurant supplies and equipments

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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 2020-06-04T23:50:53.37 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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    2705 Lawrence Avenue , C Chicago, IL 60625

    • Price: $450,000
    • Status: Active
    • MLS #: 10611243
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .25-.49 Acre
    Acres
    3,000
    SQFT
    $150
    $/SQFT
    Neighborhood:
    Chi - Lincoln Square
    County:
    Cook
    Area:
    Chi - Lincoln Square
    Property Description
    Great location for Commercial on business street, by bus stop and across from Park in Lincoln Square. It was a well known Vietnamese Pho restaurant with a great number of clienteles. It had a counter for selling liquor for customers. There are 3 options that potential buyer/tenant can choose from : 1. buy outright the property for $530000 without the existing restaurant supplies and equipments. 2. buy the ready restaurant with all kitchen appliances, table/chairs and accessories for $40000 and lease the space for $4200 a month with a minimum of 3 years lease with option to renew 3. lease the space for $4500 a month with a minimum of 3 years lease with option to renew with a different kind of business without purchasing the existing restaurant supplies and equipments
    Exterior Features

    Approx Land Sq Footage 2800 Lot Dimensions 12528 Lot Sq Ft 12528 Number Of Parking Spaces 2 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Indoor Parking 1-5 Spaces Miscellaneous Inside Common Meeting Room/SPrivate Restroom/SStorage InsideOther Number Of Stories 1 Outdoor Parking Over 100 Spaces

    Property Features

    Adj Net Inc Expense Source Combination Adjusted Net Income 999 Ann Rnt Expense Source Actual Annual Rent For Real Estate 54000 Business Age 11+ Years Business Type Restaurant Corporate Limits Chicago Cost Of Goods Expense Source Combination Cost Of Goods Sold 9999 Cost Of Goods Year 2020 Current Use Commercial Estimated Cam SF 1.6 Food Beverage Type Coffee ShopFast Food/Drive-InRestaurantBanquetCateringOtherEthnicCarry-OutFine DiningGrill Gross Payroll 999 Gross Payroll Expense Source Combination Gross Payroll Year 2020 Gross Profit 999 Gross Profit Expense Source Combination Gross Profit Year 2020 Gross Sales Ann Expense Source Combination Gross Sales Ann Year 2020 Gross Sales Annual 9999999 Heat Ventilation Central Bldg HeatForced Air Inventory 999 Inventory Expense Source Combination Inventory Year 2020 Known Encumbrances First MortgageOption To LeaseOption To Purchase Lease Type Gross Miscellaneous Outside Tenant SignageOther Monthly Rental Price 4500 Net Operating Income Year 2020 Net Profit 999 Net Profit Source Combination Possession Closing Potential Use CommercialLiquor LicenseOffice And Research Property Offered For Sale Or Rent Real Estate Included YN Yes Rental Price 19.28 Sale Terms ConventionalCash Only Seating Capacity 76-100 Tax Year 2018 Taxes 17000 Tenant Pays Varies By Tenant Total Op Exp Year 2020 Total Op Expense Source Combination Total Operating Expenses 999 Type Of Lease Gross Lease Type Ownership Business Individual Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Real People Realty, Inc..


    © 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 2020-06-04T23:50:53.37 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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