999 W Confidential Avenue

    Forest Park, IL 60130
    • $1,175,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 10002097
    UPDATED: 62 min ago
    $1,175,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,500
      SQFT
    • $214
      $/SQFT
    Neighborhood:
    Forest Park
    Type:
    Business Opportunity
    County:
    Cook
    Area:
    Forest Park

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    Description

    Careful:Extremely Hot! Iconic Italian restaurant/bar on busy Madison Street in booming Forest Park!Established 20 years!Occupancy permit for 107 in 2 dining rooms and bar(has skylight).Substantial volume, video gaming approved!Well maintained one and two story brick buildings (new rubber roof on each) with a 2 bedroom up, and four parking spaces in rear.Price includes real estate,business,name,and FF&E.(Business only available for $295K plus lease)."Home" to alumni from 3 schools...Italian "Cheers"!!

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    © 2018 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 the MLS or Touchstone Group. 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 Touchstone Group 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 broker. 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. Data last updated: 2018-07-18T16:54:47.857.

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    www.tsgre.com/homes/85137872

    999 W Confidential Avenue Forest Park, IL 60130

    • Price: $1,175,000
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 10002097
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    5,500
    SQFT
    $214
    $/SQFT
    Neighborhood:
    Forest Park
    County:
    Cook
    Area:
    Forest Park
    Property Description
    Careful:Extremely Hot! Iconic Italian restaurant/bar on busy Madison Street in booming Forest Park!Established 20 years!Occupancy permit for 107 in 2 dining rooms and bar(has skylight).Substantial volume, video gaming approved!Well maintained one and two story brick buildings (new rubber roof on each) with a 2 bedroom up, and four parking spaces in rear.Price includes real estate,business,name,and FF&E.(Business only available for $295K plus lease)."Home" to alumni from 3 schools...Italian "Cheers"!!
    Exterior Features

    Approx Land Sq Footage 4000 Construction Brick Frontage Access City Street Location Central Business DistrictMixed Use Area Lot Dimensions 50 X 125 Lot Sq Ft 6250 Number Of Parking Spaces 4 Roof Coverings Rubber

    Interior Features

    Air Conditioning Central AirCentral Individual Miscellaneous Inside Public Restroom/SStorage Inside Number Of Stories 1&2 Outdoor Parking 1-5 Spaces

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 000 Ann Rnt Expense Source Broker Projection Annual Rent For Real Estate 000 Business Age 11+ Years Business Type Bar/Lounge/Nite ClubRestaurant Corporate Limits Forest Park Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 000 Cost Of Goods Year 2017 Current Use Commercial Electrical Service Separate Meters101-200 Amps Gross Payroll 000 Gross Payroll Expense Source Broker Projection Gross Payroll Year 2017 Gross Profit 000 Gross Profit Expense Source Broker Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2017 Gross Sales Annual 000 Heat Ventilation Forced AirGas Inventory 000 Inventory Expense Source Broker Projection Inventory Year 2017 Known Encumbrances None Known Living Quarters AvailableIncluded Miscellaneous Outside PatioTenant Signage Net Operating Income Year 2017 Net Profit 000 Net Profit Source Broker Projection Possession Negotiable Potential Use CommercialRetail Property Offered For Sale Only Real Estate Included YN Yes Sale Terms Conventional Seating Capacity 100+ Tax Year 2015 Taxes 29111 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/SewerOtherCooking Gas Total Op Exp Year 2017 Total Op Expense Source Broker Projection Total Operating Expenses 000 Type Of Lease Net Lease Type Ownership Business Individual Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-MunicipalWater To Site Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Pontarelli Associates.


    © 2018 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 the MLS or Touchstone Group. 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 Touchstone Group 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 broker. 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. Data last updated: 2018-07-18T16:54:47.857.

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