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$ 275,000
Est. payment | /mo
$ 275,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12218723
Year Built 1883
Annual Tax Amount $2,152
Tax Year 2023
Lot Dimensions 25X125
Property Description
This mixed use corner lot property is the best real estate investment available in Chicago! Become the next to own a long standing restaurant/bar that has been the backbone to the South Chicago neighborhood. Rent the 2nd floor SROs for passive income or live in a unit for easy on-sit management. The opportunities to generate income are endless. Location, location, LOCATION.....this property is conveniently situated just steps from Metra Train Station and within a 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-ip deliveries and plenty of regular customers makes for a turnkey investment. TouchTunes and slot machine setup provides for additional income. Boiler is roughly 6 years old(supplies heat for 2nd floor only). Main floor offers central air and heat. Full basement perfect for storage. 40ft shipping container used for storage stays with property. The entire property is equipped with security camera (interior and exterior). 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 or text to schedule your private showing.
Location
State IL
County Cook
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Listed by Daniel Sanchez • Bloom/Sanchez Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "