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3246 N Central Avenue

Chicago, IL 60634
  • $50,000
  • STATUS: Active
  • ON SITE: 81 Days
  • MLS #: 11626770
UPDATED: 24 min ago
$50,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Owner is looking for a partner to operate business. Call Norbert Mika for more details. WOW!! This could easily be a multi million dollar operation with the right owner. Current owner is basically grossing over $450,000. yearly based only on Friday and Saturday night operation and serving NO food. Very nice large nightclub restaurant. All top of the line equipment in 2 full kitchens walk in coolers, grills fryers, pizza oven even a smoker. Owner has invested well over $200,000. building the place. Make an appoinyment and see yourself. Large lounge restaurant area with DJ booth and stage. Two outdoor seating areas and additional rooms downstairs for possible private parties. Selling corporation with liquor license also includes a PPA (Public Place of Ammusement) which can add income for civer charges when providing entertainment. Addl off street parking avail. With proper operator this can be a huge money maker. Owner will negotiate a fair rental depending on the sale and terms of business sale. PLEASE DO NOT DISTURB EMPLOYEES. THANKS

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© 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 2022-12-02T07:00:55.9 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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3246 N Central Avenue Chicago, IL 60634

  • Price: $50,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 24 min ago
  • MLS #: 11626770
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - Portage Park
County:
Cook
Area:
Chi - Portage Park
Property Description
Owner is looking for a partner to operate business. Call Norbert Mika for more details. WOW!! This could easily be a multi million dollar operation with the right owner. Current owner is basically grossing over $450,000. yearly based only on Friday and Saturday night operation and serving NO food. Very nice large nightclub restaurant. All top of the line equipment in 2 full kitchens walk in coolers, grills fryers, pizza oven even a smoker. Owner has invested well over $200,000. building the place. Make an appoinyment and see yourself. Large lounge restaurant area with DJ booth and stage. Two outdoor seating areas and additional rooms downstairs for possible private parties. Selling corporation with liquor license also includes a PPA (Public Place of Ammusement) which can add income for civer charges when providing entertainment. Addl off street parking avail. With proper operator this can be a huge money maker. Owner will negotiate a fair rental depending on the sale and terms of business sale. PLEASE DO NOT DISTURB EMPLOYEES. THANKS
Exterior Features

Frontage Type City Street Parking Total 4 Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Forced Air Miscellaneous Inside Public Restroom/S

Property Features

Additional Parcels YN No Adjusted Net Income 212000 Adjusted Net Income Year 2021 Annual Rent For Real Estate 120000 Building Area Total 5000 Business Age 4-6 Years Business Type Bar/Tavern/LoungeFood & Beverage Corporate Limits Chicago Current Use Other Electric Service - 101 To 200 Amps Gross Profit Year 2021 Gross Sales Annual 462000 Gross Sales Annual Year 2021 Location Central Business District Mls Actual Status Active Operating Expense 170000 Ownership Types Corporation Possible Use Other Property Offered For Sale Or Rent Real Estate Included No Rental Price 25 Sale Price Includes BusinessLicense/PermitEquipmentTrade FixturesInventoryBusiness Name Seller Will Add ManagementCreate Paper Tax Annual Amount 0 Tax Year 2020 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceRepairsScavengerSewerGas 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 Compass: 312-319-1168.


© 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 2022-12-02T07:00:55.9 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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