1625 W Irving Park Road Chicago, IL ^$ 3,700,000

1625 W Irving Park Road

^$ 3,700,000

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1625 W Irving Park Road

Chicago, IL, 60613

^$ 3,700,000

Studio Baths0.0 Sq 10,000

Monthly Estimate*

^$ 24,591

1625 W Irving Park Road, Chicago, IL 60613 - Image 1

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1625 W Irving Park Road, Chicago, IL 60613 - Image 9

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1625 W Irving Park Road, Chicago, IL 60613 - Image 12

1625 W Irving Park Road, Chicago, IL 60613 - Image 13

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Studio

Commercial Property for sale in Chicago, IL

for $3,700,000. This 10,000 square foot building was built in 1920 on a lot size of 0.245225.

HUGE PRICE DROP for this fantastic, expansive, newer construction & remodeled restaurant and sports bar with 4 fully leased apartments, located on the west end of Wrigleyville. Everything in excellent condition: full restaurant and bar on the first floor with a party room and outdoor sky deck bar on the upper level, 5 bathrooms, elevator and seating capacity for over 300 including outdoor seating, +/-6,500 sqft. Restaurant lends itself to many different concepts. Four newer 2 bed|1 Bath apartments with GFA & CA, private decks and 1 common deck and an additional $10,000/mo income. 85ft of frontage on Irving and parking for 12 cars. Excellent opportunity to make a great business even greater. Financial info upon request. Proof of funds required with any offer. Owner could assist in some financing. Approximately 6 blocks to Wrigley Field. Also available to lease with option to buy.

Commercial Active

Price

^$ 3,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 50,000

Style

Commercial

Lot Size

0.245225

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11823380

Features

General

Cooling Central Air

Possession Closing

Year Built 1920

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat

Stories 4

Property SubType Apts/Stores

Tax Year 2021

Current Use Commercial

Gross Income 10000

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions North or south on Ashland to Irving Park Road west to 1625

City Chicago

NumberOfUnitsTotal 4

MLS Area CHI - Lake View

Lot Size Square Feet 10682

Street Name Irving Park

Tax Annual Amount 50000

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Virtual Tour https://tour.vht.com/433877127/1625-w-irving-park-rd-chicago-il-60613/idxs

Days on Market 322

Standard Status Active

Exterior

Building Area Total 10000

Lot Dimensions 85X125

Frontage Type City Street

Interior

Street Suffix Road

* Excluded Features

List By

Compass

Broker

john.erakovich@compass.com

Affordability Calculator

$28,758

Per Month

Monthly Principal & Interest: $24,591
Monthly Property Taxes: $4,167
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$842,007

Percent of Sale Price 77%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/15/2024	$3,700,000	-11.90%	Price Down
7/5/2023	$4,200,000		Listed Price

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1625 W Irving Park Road, Chicago, IL, 60613 is a Commercial Property for sale at $3,700,000 with 10,000 sqft and a lot size of 0.245225. 1625 W Irving Park Road is a studio with 0.0 baths and was built in 1920. The property's zip code is 60613 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/31/2024.

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1625 W Irving Park Road

Commercial Property for sale in Chicago, IL

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