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821 Belvidere Road

Waukegan, IL 60085
  • $739,000
  • STATUS: Active
  • ON SITE: 253 Days
  • MLS #: 11354249
UPDATED: 43 min ago
$739,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Excellent opportunity to acquire a cash flowing and profitable business. The real estate is included with this business Gross annual revenues are approaching $300k with a value add upside. The business includes 48 dryers and 44 washing machines as well as folding tables and furniture. Recent updates include a new roof top HVAC unit, painting, parking lot maintenance. See financials for this business which brings over 18% cash on cash return.

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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 2022-12-01T21:58:12.717 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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821 Belvidere Road Waukegan, IL 60085

  • Price: $739,000
  • Status: Active
  • On Site: 253 Days
  • Updated: 43 min ago
  • MLS #: 11354249
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Park City / Waukegan
County:
Lake
Area:
Park City / Waukegan
Property Description
Excellent opportunity to acquire a cash flowing and profitable business. The real estate is included with this business Gross annual revenues are approaching $300k with a value add upside. The business includes 48 dryers and 44 washing machines as well as folding tables and furniture. Recent updates include a new roof top HVAC unit, painting, parking lot maintenance. See financials for this business which brings over 18% cash on cash return.
Exterior Features

Lot Size Less Than .25 Acre Parking Total 16

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat

Property Features

Additional Parcels YN No Adjusted Net Income 73880 Adjusted Net Income Year 2021 Annual Rent For Real Estate 0 Building Area Total 5000 Business Age 1-3 Years Business Type Dry Cleaner Corporate Limits Waukegan Electric Service - 101 To 200 Amps Gross Profit Year 2021 Gross Sales Annual 281093 Gross Sales Annual Year 2021 Mls Actual Status Active Operating Expense 154184 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentTrade FixturesInventoryPhone NumberBusiness NameKey Money/Good Will Tax Annual Amount 9426 Tax Year 2020 Tenant Pays ElectricityHeatTaxesInsuranceRepairsScavenger Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 708-460-4900.


© 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 2022-12-01T21:58:12.717 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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43 E Crystal Lake Ave
Crystal Lake IL, 60014