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    2520 W 51st Street W

    Chicago, IL 60632
    • $614,500
    • STATUS: Active
    • ON SITE: 131 days
    • MLS #: 10795684
    UPDATED: 38 min ago
    $614,500
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,250
      SQFT
    • $98
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    be your own boss a well established night club with corporation with liquor licenses and public place of amusement license parking available for 30 cars, it was a banquet hall 25 years ago the kitchen can be be reinstalled and can be operated 7 days a week.

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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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-12-05T08:51:54.577 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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    2520 W 51st Street W Chicago, IL 60632

    • Price: $614,500
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 10795684
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    6,250
    SQFT
    $98
    $/SQFT
    Neighborhood:
    Chi - Gage Park
    County:
    Cook
    Area:
    Chi - Gage Park
    Property Description
    be your own boss a well established night club with corporation with liquor licenses and public place of amusement license parking available for 30 cars, it was a banquet hall 25 years ago the kitchen can be be reinstalled and can be operated 7 days a week.
    Exterior Features

    Approx Land Sq Footage 6250 Construction Materials Brick Frontage Type City Street Parking Total 30 Roof Rubber

    Interior Features

    Cooling Central Individual Electric 101-200 Amps Heat Ventilation Forced Air Seating Capacity 100+

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 89888 Annual Rent For Real Estate 0000 Business Age 11+ Years Business Name Studio 51 Business Type Bar/Tavern/Lounge Corporate Limits Chicago Cost Of Goods Sold 41356 Cost Of Goods Year 2019 Current Use CommercialOther General Information Exceptions-Call List OfficeList Broker Must Accompany Gross Payroll 40945 Gross Payroll Year 2019 Gross Profit 89888 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 131244 Inventory 6348 Inventory Year 2019 Known Encumbrances First MortgageOther Land Amenities Lighting/Exterior Lot Size Less Than .25 Acre Lot Size Dimensions 100 X 125 Net Operating Income Year 2019 Net Profit 4178 Non- Disclosure Agreement Required YN No Number Of Full Time Employees 4 Operating Expense 94066 Ownership Type Individual Ownership Type1 Individual Possible Use Liquor LicenseOther Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentFranchise Transfer FeeInventoryFranchise Rights Sales Taxes 131244 Sales Taxes Year 2019 Tax Annual Amount 21434.5 Tax Year 2018 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewer Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease None Utilities Water-Municipal Zoning Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Amerimax Real Estate Partners.


    © 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2020-12-05T08:51:54.577 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
     
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    Ryan Dallas Real Estate
    4112C Fieldstone Road
    Champaign IL, 61822