Address
6 N 19th Avenue, Melrose Park, IL
Price
$ 499,000
Property Attributes
  • MLS#11970738
  • TypeCommercial
  • CountyCOOK
  • CityMelrose Park
  • AreaMelrose Park
  • Zip60160
  • Style
  • Year Built1890
  • Taxes$ 10718
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,813 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

ATTENTION: INVESTORS & RESTAURANT OWNERS. TAKE A LOOK AT THIS MIXED USE BUILDING LOCATED STEPS AWAY FROM THE MELROSE PARK METRA STOP AND ACROSS THE STREET FROM POLICE STATION. FIRST FLOOR IS A WELL ESTABLISHED BUSINESS FOR MORE THAN 13 YEARS "EL JIRABITO". BUSINESS INCLUDED IN THE PRICE WITHOUT INVENTORY. SECOND FLOOR HAS AN APARTMENT WITH 2 BEDROOMS, LIVING ROOM, KITCHEN , DINING ROOM. APARTMENT AND RESTAURANT HAS BEEN REMODELED IN 2020: KITCHEN REMODELED WITH NEW KITCHEN HOOD, KITCHEN SUPPRESSION SYSTEM, ELECTRIC, PLUMBING, HEATING, DUCK WORK, WALLS, A/C, HOT WATER TANK, FURNACE, KITCHEN CABINETS ON SECOND FLOOR, BATHROOMS WERE ALSO REMODELED. ROOF WAS DONE IN 2018. THE LOT ADJACENT IS NOT PART OF THE DEAL BUT OWNER IS RENTING FOR $1000 A MONTH EXTRA. NOW IT'S LIKE A MINI BAR AND ENTERTAINMENT AREA. IT'S A GREAT OPPORTUNITY. UNFORTUNATELY OWNER HAS TO MOVE OUT OF STATE. MAKE YOUR APPOINTMENT TODAY!!!!

Price History
1/31/2024 Listed $499,000

General Features

Cooling Central Air
Zoning COMMR
Year Built 1890
Electric Circuit Breakers
Tenant Pays Air Conditioning,Electricity,Heat,Janitorial Service
Stories 2
Township Proviso
Property SubType Apts/Stores
Tax Year 2022
County Cook
Net Operating Income 60000
Insurance Expense 2640
Property Type Commercial Sale
Status Active
Directions lake st to 19th Ave south to property
City Melrose Park
Total Units 2
MLS Area Melrose Park
Lot Size Square Feet 2813
Street Name 19th
Tax Annual Amount 10718
Electric Expense 3600
Fuel Expense 2400
Trash Expense 960
Water Sewer Expense 1800
Additional Parcels Y/N No
Days on Market 6
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Avenue

Exterior Features

Lot Dimensions 29X97
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60160

Price
AVG $100K
$500K
Taxes
AVG $8,359
$10,718
Visits
AVG 140
116
Data Provided by Inside Real Estate®
Year Built
AVG 1970
1890

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