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