2456 N California Avenue Chicago, IL ^$ 199,000

2456 N California Avenue

^$ 199,000

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2456 N California Avenue

Chicago, IL, 60647

^$ 199,000

Studio Baths0.0 Sq 5,000

Monthly Estimate*

^$ 1,323

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Studio

Commercial Property for sale in Chicago, IL

for $199,000. This 5,000 square foot building was built on a lot size of 0.07174.

Great Logan Square corner restaurant for sale. This is a business sale only. Five years remain on the base lease term plus an additional two five year options. 99 person occupancy on main floor, 31 person occupancy in lower level bar and 80 person occupancy for outdoor space. The offering includes the in place FF&E, an assignment of the lease and a transfer of the existing license set. The space is well demised with different seating area with good separation to account for day to day service and additional private dining. The space is in excellent conditional and can easily be adjusted to account for numerous different restaurant concepts.

Commercial Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,976

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant

Lot Size

0.07174

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12030488

Features

General

Cooling Zoned

Possession Closing

Zoning COMMR

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Electricity Heat Janitorial Service Taxes Insurance Scavenger Sewer

Stories 2

Tax Year 2022

Current Use Commercial

Business Type Bar/Tavern/Lounge Food & Beverage Restaurant

Business Name TESTACCIO

County Cook

Operating Expense 999

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial

Status Active

Directions The subject property is located on the Southwest corner of California and Altgeld North of Fullerton and South of Logan Blvd

City Chicago

MLS Area CHI - Logan Square

Lot Size Square Feet 3125

Waterfront Y/N N

Street Name California

Tax Annual Amount 7976

Additional Parcels Y/N N

Days on Market 6

Lease Type Net

Standard Status Active

Ownership Type Corporation

Exterior

Building Area Total 5000

Lot Dimensions 25*125

Frontage Type City Street

Interior

Street Suffix Avenue

* Excluded Features

List By

Sperry Van Ness

Broker

msullivan@svn.com

Affordability Calculator

$1,987

Per Month

Monthly Principal & Interest: $1,323
Monthly Property Taxes: $665
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$847,070

Percent of Sale Price 326%

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
4/16/2024	$199,000		Listed Price

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2456 N California Avenue, Chicago, IL, 60647 is a Commercial Property for sale at $199,000 with 5,000 sqft and a lot size of 0.07174. 2456 N California Avenue is a studio with 0.0 baths. The property's zip code is 60647 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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Data is updated as of 6/4/2024.

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2456 N California Avenue

Commercial Property for sale in Chicago, IL

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