Address
3201 E 92nd Street, Chicago, IL
Price
$ 275,000
Property Attributes
  • MLS#11996029
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Chicago
  • Zip60617
  • Style
  • Year Built1887
  • Taxes$ 2085
  • Price$ 275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3050
  • Lot Size0.079017 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This mixed use corner lot property explodes with numerous opportunities to generate income! 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. 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.

Price History
3/10/2024 Listed $275,000

General Features

Cooling Central Air
Roof Tar and Gravel
Zoning OTHER
Construction Materials Brick
Year Built 1887
Electric Circuit Breakers,Service - 101 to 200 Amps
Tenant Pays Other
Stories 2
Township Hyde Park
Property SubType Apts/Stores
Tax Year 2022
County Cook
Insurance Expense 6000
Property Type Commercial Sale
Possible Use Multi-Family
Status Re-activated
Directions Commercial Avenue to 92nd St and East to property.
City Chicago
Total Units 6
MLS Area CHI - South Chicago
Lot Size Square Feet 3442
Street Name 92nd
Tax Annual Amount 2085.57
Electric Expense 600
Fuel Expense 750
Water Sewer Expense 400
Additional Parcels Y/N No
Days on Market 68
Lease Type N/A
Standard Status Active
Property Type Mixed Use
Total Actual Rent 330

Interior Features

Flooring Tile,Vinyl,Other
Street Suffix Street

Exterior Features

Foundation Details Brick/Mortar,Concrete Perimeter
Building Area Total 3050
Lot Dimensions 25X125
Frontage Type City Street
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 60617

Price
AVG $280K
$280K
Taxes
AVG $12,587
$2,085
Visits
AVG 181
188
Data Provided by Inside Real Estate®
Year Built
AVG 1945
1887

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