7068 Belmont Avenue

    Chicago, IL 60634
    • $394,900
    • STATUS: Active
    • ON SITE: 201 days
    • MLS #: 10570822
    UPDATED: 36 min ago
    $394,900
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $132
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    PRICE INCLUDES BUSINESS & PROPERTY !!! OWNER IS VERY MOTIVATED - MAKE OFFER !!! OWNER WILL FINANCE WITH $160,000 + DOWN !!! You can also go FHA if you live in the building, Or go Conventional... Owner can also help you obtain Chicago Liquor License if you want to continue operating the Bar...Price Includes Bar Business & Building! Bar/Club is called " The Paradise Club " a longtime & successful business.. Fantastic Building with Great Exposure in a Beautiful area Owner is Retiring and Very Motivated to sell, Make Offer !!! TREMENDOUS INCOME POTENTIAL !!! Operate your own Bar or other business and live upstairs in a Beautiful Apartment or rent it out.. Add additional Living space or another apartment. This building would also be Great for an Insurance Office, Real Estate Office, Medical offices, Law offices, Retail store, Social Club, Restaurant, or eventual bar again, possibilities are endless... UPSTAIRS HAS A BEAUTIFUL 3-4 BEDROOM APARTMENT, OR USE IT FOR ADDITIONAL INCOME. APARTMENT HAS ALL HARDWOOD FLOORING , FIREPLACE, LARGE ROOM SIZES. DECK, YARD, NEW ROOF, 2 CAR BRICK GARAGE. Make an Offer ! Hurry, won't last !!!

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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 2020-05-29T23:50:38.87 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/100751423

    7068 Belmont Avenue Chicago, IL 60634

    • Price: $394,900
    • Status: Active
    • Updated: 36 min ago
    • MLS #: 10570822
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    3,000
    SQFT
    $132
    $/SQFT
    Neighborhood:
    Chi - Dunning
    County:
    Cook
    Area:
    Chi - Dunning
    Property Description
    PRICE INCLUDES BUSINESS & PROPERTY !!! OWNER IS VERY MOTIVATED - MAKE OFFER !!! OWNER WILL FINANCE WITH $160,000 + DOWN !!! You can also go FHA if you live in the building, Or go Conventional... Owner can also help you obtain Chicago Liquor License if you want to continue operating the Bar...Price Includes Bar Business & Building! Bar/Club is called " The Paradise Club " a longtime & successful business.. Fantastic Building with Great Exposure in a Beautiful area Owner is Retiring and Very Motivated to sell, Make Offer !!! TREMENDOUS INCOME POTENTIAL !!! Operate your own Bar or other business and live upstairs in a Beautiful Apartment or rent it out.. Add additional Living space or another apartment. This building would also be Great for an Insurance Office, Real Estate Office, Medical offices, Law offices, Retail store, Social Club, Restaurant, or eventual bar again, possibilities are endless... UPSTAIRS HAS A BEAUTIFUL 3-4 BEDROOM APARTMENT, OR USE IT FOR ADDITIONAL INCOME. APARTMENT HAS ALL HARDWOOD FLOORING , FIREPLACE, LARGE ROOM SIZES. DECK, YARD, NEW ROOF, 2 CAR BRICK GARAGE. Make an Offer ! Hurry, won't last !!!
    Exterior Features

    Approx Land Sq Footage 1400 Construction Brick Lot Dimensions 25X130 Lot Sq Ft 3225 Number Of Parking Spaces 5

    Interior Features

    Air Conditioning Central AirWindow Unit/S Indoor Parking 1-5 Spaces Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 99 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 99 Business Age 11+ Years Business Name Paradise Club Business Type Bar/Lounge/Nite Club Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 99 Cost Of Goods Year 2018 Gross Payroll 99 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 99 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 99 Heat Ventilation Forced AirGas Inventory 99 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Living Quarters Included Net Operating Income Year 2018 Net Profit 99 Net Profit Source Owner Projection Possession Negotiable Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 6423.49 Tenant Pays ElectricHeatOther Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 99 Type Of Lease None Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of St. Joseph Real Estate.


    © 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 2020-05-29T23:50:38.87 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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