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    2800 S Tripp Avenue

    Chicago, IL 60623
    • $499,901
    • STATUS: Active
    • ON SITE: 176 days
    • MLS #: 10734944
    UPDATED: 178 min ago
    $499,901
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,125
      SQFT
    • $160
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    PERFECT TURN KEY INVESTMENT, THIS PROPERTY IS CURRENTLY A LAUNDROMAT WITH 24 WASHERS AND 25 DRYERS, IN THE FRONT OF THE BUILDING. THE REAR OF THE BUILDING HAS A MINI MARKET AND DELI SECTION WITH A WALK IN COOLER. IT ALSO HAS A LICENCES TO PREPARE AND SELL FOOD TO GO. THE OWNER AT ONE POINT WOULD MAKE FAST FOOD FOR THE CLIENTS IN THE LAUNDROMAT AND ALSO SELL ENCHILADAS TO THE PUBLIC. THE OWNERS ARE READY TO RETIRE AND PASS THE BUSINESS ON TO YOUNG BLOOD WILLING TO WORK THE BUSINESS AT A HIGHER LEVEL AND PROFIT LIKE THEY ONCE DID. AT THE RIGHT PRICE THE SELLER IS WILLING TO TURN THE KEYS OVER LEAVE EVERYTHING AS IT IS AND WALK AWAY.!!!!!

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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 2020-11-26T23:55:20.823 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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    2800 S Tripp Avenue Chicago, IL 60623

    • Price: $499,901
    • Status: Active
    • Updated: 178 min ago
    • MLS #: 10734944
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    3,125
    SQFT
    $160
    $/SQFT
    Neighborhood:
    Chi - South Lawndale
    County:
    Cook
    Area:
    Chi - South Lawndale
    Property Description
    PERFECT TURN KEY INVESTMENT, THIS PROPERTY IS CURRENTLY A LAUNDROMAT WITH 24 WASHERS AND 25 DRYERS, IN THE FRONT OF THE BUILDING. THE REAR OF THE BUILDING HAS A MINI MARKET AND DELI SECTION WITH A WALK IN COOLER. IT ALSO HAS A LICENCES TO PREPARE AND SELL FOOD TO GO. THE OWNER AT ONE POINT WOULD MAKE FAST FOOD FOR THE CLIENTS IN THE LAUNDROMAT AND ALSO SELL ENCHILADAS TO THE PUBLIC. THE OWNERS ARE READY TO RETIRE AND PASS THE BUSINESS ON TO YOUNG BLOOD WILLING TO WORK THE BUSINESS AT A HIGHER LEVEL AND PROFIT LIKE THEY ONCE DID. AT THE RIGHT PRICE THE SELLER IS WILLING TO TURN THE KEYS OVER LEAVE EVERYTHING AS IT IS AND WALK AWAY.!!!!!
    Exterior Features

    Approx Land Sq Footage 3125 Construction Materials BrickConcrete Location CornerMixed Use Area Miscellaneous Outside Storms And Screens (As Exist) Parking Total 2 Roof Rubber

    Interior Features

    Cooling Central Air Electric 201-600 Amps Heat Ventilation Central Bldg Heat Miscellaneous Inside Private Restroom/SPublic Restroom/S Seating Capacity 21-30

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 70000 Annual Rent For Real Estate 24000 Business Age 11+ Years Business Type Dry CleanerGrocery Corporate Limits Chicago Cost Of Goods Sold 140000 Cost Of Goods Year 2019 Current Use CommercialOther Food Beverage Type Fast Food/Drive-InDeliCarry-OutGrill General Information None Gross Payroll 15000 Gross Payroll Year 2019 Gross Profit 70000 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 70000 Inventory 30000 Inventory Year 2019 Known Encumbrances None Known Land Amenities Other Living Quarters None Lot Size Less Than .25 Acre Lot Size Dimensions 25 X 15 Net Operating Income Year 2019 Net Profit 70000 Operating Expense 70000 Ownership Type Individual Ownership Type1 Individual Property Offered For Sale Only Real Estate Included YN Yes Sale Includes Business Sales Taxes 6000 Sales Taxes Year 2019 Tax Annual Amount 1111106 Tax Year 2018 Tenant Pays ElectricityHeat 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 Re/Max 10.


    © 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 2020-11-26T23:55:20.823 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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    4112C Fieldstone Road
    Champaign IL, 61822