4457 Pulaski Road

    Chicago, IL 60630
    • $2,750,000
    • STATUS: Active
    • ON SITE: 131 days
    • MLS #: 10616978
    UPDATED: 31 min ago
    $2,750,000
    • 0
      BEDS
    • .50-.99 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $611
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Good opportunity to own a unique property with a unique history in May Fair / Albany Park corridor. Newly rehabbed recently completed in 2015 for restaurant and recreational facility. Presently used as Community Center, with small convention room with fully equipped with state of art restaurant equipment suitable for small and mid-side seminar, parties and community events. Second floor areas is set up for therapeutic message therapy facilities with message rooms, showers, and Jacuzzi tubs. This floor has an open excess to roof top areas for additional commercial or recreational ares. The lower level is set up for management office, men and women's rest rooms and plenty of storage spaces for tenant and facility owner. the land areas of over 16,000 sqf. are accessible to both street front of Pulaski Ave. and Harding Avenues makes it suitable for expansion and further developmentof additional usages.

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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 2020-06-02T12:52:14.317 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/102510058

    4457 Pulaski Road Chicago, IL 60630

    • Price: $2,750,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 10616978
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .50-.99 Acre
    Acres
    4,500
    SQFT
    $611
    $/SQFT
    Neighborhood:
    Chi - Albany Park
    County:
    Cook
    Area:
    Chi - Albany Park
    Property Description
    Good opportunity to own a unique property with a unique history in May Fair / Albany Park corridor. Newly rehabbed recently completed in 2015 for restaurant and recreational facility. Presently used as Community Center, with small convention room with fully equipped with state of art restaurant equipment suitable for small and mid-side seminar, parties and community events. Second floor areas is set up for therapeutic message therapy facilities with message rooms, showers, and Jacuzzi tubs. This floor has an open excess to roof top areas for additional commercial or recreational ares. The lower level is set up for management office, men and women's rest rooms and plenty of storage spaces for tenant and facility owner. the land areas of over 16,000 sqf. are accessible to both street front of Pulaski Ave. and Harding Avenues makes it suitable for expansion and further developmentof additional usages.
    Exterior Features

    Approx Land Sq Footage 4300 Construction BrickConcrete Frontage Access City Street Location Central Business District Lot Dimensions 87 X 12565 X 125 Lot Sq Ft 18375 Number Of Parking Spaces 24 Roof Coverings Membrane Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 2 Outdoor Parking 19-30 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 100000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 72000 Business Age 4-6 Years Business Type Beauty Salon/BarberFood And Beverage Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 140000 Cost Of Goods Year 2016 Current Use Commercial Food Beverage Type Restaurant Gross Payroll 130000 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2016 Gross Profit 100000 Gross Profit Expense Source Owner Projection Gross Profit Year 2016 Gross Sales Ann Expense Source Combination Gross Sales Ann Year 2016 Gross Sales Annual 470000 Heat Ventilation Ceiling UnitsCentral Bldg HeatElectricForced Air Inventory 30000 Inventory Expense Source Owner Projection Inventory Year 2015 Known Encumbrances None Known Lease Expires 2023-08-31T05:00:00 Lease Type Modified Gross Net Operating Income Year 2016 Net Profit 100000 Net Profit Source Owner Projection Possession Closing Potential Use CommercialCondominiumLiquor LicenseOffice And ResearchRecreationalRetail Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 36900 Tenant Pays Insurance Total Op Exp Year 2016 Total Op Expense Source Owner Projection Total Operating Expenses 230000 Type Of Lease Escalations Type Ownership Business Corporation Unincorporated YN No Utilities To Site Electric To SiteGas To Site Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Illinois Home 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 2020-06-02T12:52:14.317 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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