3051 SW 26th Street

    Chicago, IL 60623
    • $525,000
    • STATUS: Active
    • ON SITE: 157 days
    • MLS #: 10595241
    UPDATED: 63 min ago
    $525,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $175
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Fantastic opportunity to own a fully equipped and functional Pizzeria and Bar at a Fabulous location in the busiest shopping center on the South West side of Chicago in Hot Little Village. Owner is retiring and selling business and will transfer liquor and amusement licenses to new buyer. Business is currently operating as a Pizzeria and has a nice Bar. The business also has gaming slot machine revenue as well. This business is a turnkey operation a Must See! Ample Parking.. Owner made a big investment in the buildout of the pizzeria and bar- all equipment and furniture will be included in sale over 1M in new renovating equipment and furniture ... everything stays. Please bring your clients and do not let this opportunity pass as this has immense potential as there are few bars in the area. This can be a turned into a nice Sports Bar or Bar and Grill- possibilities are endless - bring your entrepreneurs and start making big $$ money.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-05-25T21:49:53.613 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.tsgre.com/homes/101812494

    3051 SW 26th Street Chicago, IL 60623

    • Price: $525,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 10595241
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,000
    SQFT
    $175
    $/SQFT
    Neighborhood:
    Chi - South Lawndale
    County:
    Cook
    Area:
    Chi - South Lawndale
    Property Description
    Fantastic opportunity to own a fully equipped and functional Pizzeria and Bar at a Fabulous location in the busiest shopping center on the South West side of Chicago in Hot Little Village. Owner is retiring and selling business and will transfer liquor and amusement licenses to new buyer. Business is currently operating as a Pizzeria and has a nice Bar. The business also has gaming slot machine revenue as well. This business is a turnkey operation a Must See! Ample Parking.. Owner made a big investment in the buildout of the pizzeria and bar- all equipment and furniture will be included in sale over 1M in new renovating equipment and furniture ... everything stays. Please bring your clients and do not let this opportunity pass as this has immense potential as there are few bars in the area. This can be a turned into a nice Sports Bar or Bar and Grill- possibilities are endless - bring your entrepreneurs and start making big $$ money.
    Exterior Features

    Approx Land Sq Footage 3000 Lot Dimensions 30 BY 100 Lot Sq Ft 3000 Number Of Parking Spaces 50

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 52680 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 60000 Business Age 1-3 Years Business Type Food And BeverageRestaurant Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 104000 Cost Of Goods Year 2019 Gross Payroll 53320 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 156000 Gross Profit Expense Source Owner Projection Gross Profit Year 2019 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2019 Gross Sales Annual 260000 Heat Ventilation Forced AirGas Inventory 8000 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Net Operating Income Year 2019 Net Profit 16680 Net Profit Source Owner Projection Possession Closing Property Offered For Sale Only Real Estate Included YN No Tax Year 2018 Taxes 0 Tenant Pays ElectricHeatRepairs And MaintenanceScavenger Total Op Exp Year 2019 Total Op Expense Source Owner Projection Total Operating Expenses 139320 Type Of Lease Gross LeaseRenewal Options Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Eldorrado Chicago Real Estate.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2020-05-25T21:49:53.613 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647