5316 Grand Avenue

    Chicago, IL 60639
    • $350,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 10371844
    UPDATED: 26 min ago
    $350,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    You will not believe it but you get the lot, building, apartment, business, and grandfathered liquor license all included in the price. The bar is only operating at 20% because the owner is semi-retired and is ready to make a deal. This is a great opportunity for the entrepreneur who can find the value in this property. Zoned commercial so there are many options. You can own your own business, rent out the business, apartment, or lot. Or, knock it down and build something grand. Act fast before this opportunity is gone and you'll be glad you did. You will be smiling all the way to the bank. NOTE: owner will not finance.

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    © 2019 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 2019-05-26T09:51:35.433 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.centralilhomefinder.com/homes/94532215

    5316 Grand Avenue Chicago, IL 60639

    • Price: $350,000
    • Status: Active
    • Updated: 26 min ago
    • MLS #: 10371844
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    1,800
    SQFT
    $194
    $/SQFT
    Neighborhood:
    Chi - Belmont Cragin
    County:
    Cook
    Area:
    Chi - Belmont Cragin
    Property Description
    You will not believe it but you get the lot, building, apartment, business, and grandfathered liquor license all included in the price. The bar is only operating at 20% because the owner is semi-retired and is ready to make a deal. This is a great opportunity for the entrepreneur who can find the value in this property. Zoned commercial so there are many options. You can own your own business, rent out the business, apartment, or lot. Or, knock it down and build something grand. Act fast before this opportunity is gone and you'll be glad you did. You will be smiling all the way to the bank. NOTE: owner will not finance.
    Exterior Features

    Approx Land Sq Footage 800 Frontage Access City Street Lot Dimensions 50 X 125 Lot Sq Ft 6250 Number Of Parking Spaces 3

    Interior Features

    Air Conditioning Wall Sleeve Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 0 Ann Rnt Expense Source Broker Projection Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Three Muskies Business Type Bar/Lounge/Nite Club Corporate Limits Chicago Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 0 Cost Of Goods Year 2016 Current Use Commercial Gross Payroll 0 Gross Payroll Expense Source Broker Projection Gross Payroll Year 2016 Gross Profit 0 Gross Profit Expense Source Broker Projection Gross Profit Year 2016 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2016 Gross Sales Annual 0 Heat Ventilation Hot WaterRadiators Inventory 1000 Inventory Expense Source Broker Projection Inventory Year 2016 Known Encumbrances None Known Living Quarters Available Net Operating Income Year 2016 Net Profit 0 Net Profit Source Broker Projection Possession Closing Potential Use CommercialLiquor LicenseResidential-EstateResidential-Multi-FamilyResidential-Single FamilyRetail Property Offered For Sale Only Real Estate Included YN Yes Sale Terms ConventionalCash OnlyWrap Around Seating Capacity 21-30 Tax Year 2017 Taxes 5312 Tenant Pays ElectricHeatInsuranceWater/Sewer Total Op Exp Year 2016 Total Op Expense Source Broker Projection Total Operating Expenses 0 Type Of Lease None Type Ownership Business Limited Liability Corp. Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Weichert Realtors Ambassador.


    © 2019 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 2019-05-26T09:51:35.433 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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