Commercial: MLS #12013106 Chicago, IL ^$ 325,000

Commercial: MLS #12013106

^$ 325,000

Back to search

Commercial: MLS #12013106

Chicago, IL, 60642

^$ 325,000

Studio Baths0.0 Sq 2,486

Monthly Estimate*

^$ 2,160

Studio

Commercial Property for sale in Chicago, IL

for $325,000. This 2,486 square foot building was built on a lot size of 0.057392.

The subject business is a long established tavern concept. The business is located on a corner and has a large outdoor component in addition to the large interior occupancy. The lease is currently $8,500 per month net with the net charges comprising on property taxes and building insurance. The offering includes all of the FF&E, an assignment of the existing lease or a new lease and a transfer of the entity that holds the licences. The current license set includes a Tavern, retail food and outdoor patio.

Commercial Active

Price

^$ 325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 20,453

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Lot Size

0.057392

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12013106

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Sanitary Sewer Water to Site

Possession Closing

Zoning COMMR

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Repairs

Stories 2

Tax Year 2022

Current Use Commercial

Business Type Bar/Tavern/Lounge Food & Beverage Restaurant

County Cook

Operating Expense 999

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions Please contact broker for exact business address.

City Chicago

MLS Area CHI - West Town

Lot Size Square Feet 2500

Waterfront Y/N N

Street Name Confidential

Tax Annual Amount 20453

Additional Parcels Y/N N

Days on Market 7

Lease Type Net

Standard Status Active

Ownership Type Corporation

Exterior

Building Area Total 2486

Lot Dimensions 25*100

Frontage Type City Street

Interior

Street Suffix Avenue

* Excluded Features

List By

Sperry Van Ness

Broker

msullivan@svn.com

Affordability Calculator

$3,864

Per Month

Monthly Principal & Interest: $2,160
Monthly Property Taxes: $1,704
Monthly Home Insurance: --

Set your offer price

Down Payment

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$842,007

Percent of Sale Price 159%

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
3/25/2024	$325,000		Listed Price

Map

More homes like this one

homes for you

See all

*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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

Commercial: MLS #12013106

Commercial Property for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home