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$ 275,000
Est. payment | /mo
3,050 SqFt
$ 275,000
Est. payment | /mo
3,050 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,050 sqft
Price per Sqft $90
MLS Listing ID 11996029
Year Built 1887
Annual Tax Amount $2,085
Tax Year 2022
Lot Dimensions 25X125
Property Description
This mixed use corner lot property is the best real estate investment available in Chicago. Become the next to own a long standing restaurant/bar that has been the backbone to the South Chicago neighborhood. Rent the 2nd floor apartments for passive income or live in a unit for easy on-site management. The opportunities to generate income are endless. Location, location, location...this property is conveniently situated just steps from the Metra Train Station and within close proximity to Lake Shore Drive corridor providing swift access to downtown Chicago. Owners are selling the property lock, stock, and barrel. Furniture, fixtures, inventory and equipment are all included. Pick-up deliveries and plenty of regular customers makes for a turnkey investment. TouchTunes and slot machine setup provides additional income. Boiler, (roughly 6 years old) for 2nd floor heat only. Main floor offers central air and heat. Newer hot water heater. Full basement that is used for storage. 40ft shipping container used for storage. Equipped with exterior and interior security cameras. Restaurant/bar seats 55 customers. Receive high profit margins, increase networking opportunities to meet people for both business and pleasure, and be your own boss with this established restaurant/bar today! Being sold "AS-IS". Call/text to schedule your private showing.
Location
State IL
County Cook
Area Chi - South Chicago
Zoning OTHER
Interior
Cooling Central Air
Flooring Tile, Vinyl, Other
Fireplace N
Exterior
Roof Type Tar and Gravel
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Daniel Sanchez • Bloom/Sanchez Realty, Inc.
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Giovanni Leopaldi
Licensed Real Estate Broker