7508 Grand Avenue

    Elmwood Park, IL 60707
    • $499,900
    • STATUS: Active
    • ON SITE: 82 days
    • MLS #: 10654653
    UPDATED: 213 min ago
    $499,900
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $111
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    ONE GIGANTIC STOREFRONT COULD BE SPLIT INTO TWO AND LARGE DRIVE IN WAREHOUSE IN THE BACK. OVER 20 YEARS ESTABLISHED BUSINESS IN HOT CHICAGO-MONTCLARE-ELMWOOD PARK AREA ACROSS FROM THE METRA. READY FOR ANY BAR-RESTAURANT-CATERING FOOD CONCEPT. DRIVE IN WAREHOUSE, ALL BRICK BLDG! CURRENT LIQUOR RESTAURANT GAMING AND BEAUTY SHOP LICENSES, FULLY EQUIPPED KITCHEN,SEATING FOR 60,STRONG LOYAL CLIENTELE,HIGH TRAFFIC LOCATION. GAMING AREA WITH 5 MACHINES, AND EVERYTHING YOU NEED. PARKING FOR 16 IN THE BACK AND MORE. OWNER IS RETIRING! HIGH REVENUE POTENTIAL FOR AGGRESSIVE NEW OPERATOR! **PLEASE DO NOT DISTURB THE BUSINESS** CALL FOR PRIVATE SHOWING TO QUALIFIED BUYERS ONLY!

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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 2020-05-24T23:49:44.127 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/103796761

    7508 Grand Avenue Elmwood Park, IL 60707

    • Price: $499,900
    • Status: Active
    • Updated: 213 min ago
    • MLS #: 10654653
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    4,500
    SQFT
    $111
    $/SQFT
    Neighborhood:
    Elmwood Park
    County:
    Cook
    Area:
    Elmwood Park
    Property Description
    ONE GIGANTIC STOREFRONT COULD BE SPLIT INTO TWO AND LARGE DRIVE IN WAREHOUSE IN THE BACK. OVER 20 YEARS ESTABLISHED BUSINESS IN HOT CHICAGO-MONTCLARE-ELMWOOD PARK AREA ACROSS FROM THE METRA. READY FOR ANY BAR-RESTAURANT-CATERING FOOD CONCEPT. DRIVE IN WAREHOUSE, ALL BRICK BLDG! CURRENT LIQUOR RESTAURANT GAMING AND BEAUTY SHOP LICENSES, FULLY EQUIPPED KITCHEN,SEATING FOR 60,STRONG LOYAL CLIENTELE,HIGH TRAFFIC LOCATION. GAMING AREA WITH 5 MACHINES, AND EVERYTHING YOU NEED. PARKING FOR 16 IN THE BACK AND MORE. OWNER IS RETIRING! HIGH REVENUE POTENTIAL FOR AGGRESSIVE NEW OPERATOR! **PLEASE DO NOT DISTURB THE BUSINESS** CALL FOR PRIVATE SHOWING TO QUALIFIED BUYERS ONLY!
    Exterior Features

    Approx Land Sq Footage 4500 Location Central Business DistrictPublic Transport Avail Lot Dimensions 50X130 Lot Sq Ft 6500 Number Of Parking Spaces 12

    Interior Features

    Air Conditioning Central Air Indoor Parking 1-5 Spaces Miscellaneous Inside Common Lunchroom/S Number Of Stories 2 Outdoor Parking 13-18 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 11+ Years Business Type Beauty Salon/BarberConstruction/ContractorBar/Lounge/Nite ClubFood And BeverageRestaurant Corporate Limits Elmwood Park Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2019 Current Use Commercial Electrical Service 201-600 Amps Food Beverage Type Coffee ShopRestaurantCatering Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 0 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 0 Heat Ventilation Central Bldg HeatForced Air Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Lease Type N/A Net Operating Income Year 2019 Net Profit 0 Net Profit Source Owner Projection Possession ClosingImmediateNegotiable Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2018 Taxes 22902 Tenant Pays Air ConditioningElectricHeatJanitorial Total Op Exp Year 2019 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease None Type Ownership Business Corporation Unincorporated YN No Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Vision 212.


    © 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 2020-05-24T23:49:44.127 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