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    5756 W Belmont Avenue

    Chicago, IL 60634
    • $450,000
    • STATUS: Active
    • ON SITE: 110 days
    • MLS #: 10816042
    UPDATED: 38 min ago
    $450,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $107
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    COMPLETELY RENOVATED DUAL RESTAURANT / STOREFRONT FOR SALE. APPROX 48 FT FRONTAGE ON BELMONT AVE. PARKING IN BACK WITH STREET PARKING ON THE MENARD SIDE. BRING YOUR OWN RESTAURANT BUSINESS OR RENT IT OUT. POSSIBLE OWNER FINANCING PENDING OWNER APPROVAL.

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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 2020-12-01T08:51:21.403 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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    5756 W Belmont Avenue Chicago, IL 60634

    • Price: $450,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 10816042
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,200
    SQFT
    $107
    $/SQFT
    Neighborhood:
    Chi - Portage Park
    County:
    Cook
    Area:
    Chi - Portage Park
    Property Description
    COMPLETELY RENOVATED DUAL RESTAURANT / STOREFRONT FOR SALE. APPROX 48 FT FRONTAGE ON BELMONT AVE. PARKING IN BACK WITH STREET PARKING ON THE MENARD SIDE. BRING YOUR OWN RESTAURANT BUSINESS OR RENT IT OUT. POSSIBLE OWNER FINANCING PENDING OWNER APPROVAL.
    Exterior Features

    Approx Land Sq Footage 4200 Construction Materials Brick Frontage Type City Street Location Mixed Use Area Outdoor Parking 1-5 Spaces Parking Total 3 Roof Rubber Waterfront YN No

    Interior Features

    Cooling Central Air Heat Ventilation Gas Miscellaneous Inside Multi-Tenant Seating Capacity 76-100

    Property Features

    Additional Parcels YN No Adj Net Income Year 2018 Adjusted Net Income 59000 Annual Rent For Real Estate 0000 Business Age 4-6 Years Business Type Food & BeverageRestaurant Corporate Limits Chicago Cost Of Goods Sold 118000 Cost Of Goods Year 2018 Current Use Commercial Existing Lease Type N/A Food Beverage Type Restaurant General Information Short Notice Ok Gross Payroll 4000 Gross Payroll Year 2018 Gross Profit 46000 Gross Profit Year 2018 Gross Sales Ann Year 2018 Gross Sales Annual 240000 Inventory 3000 Inventory Year 2019 Known Encumbrances None Known Lot Size Less Than .25 Acre Lot Size Dimensions 46X121 Net Operating Income Year 2018 Net Profit 74000 Operating Expense 166000 Ownership Type1 Land Trust Possible Use Office And ResearchRetailOther Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingEquipmentInventory Sales Taxes 24000 Sales Taxes Year 2018 Tax Annual Amount 22566 Tax Year 2019 Tenant Pays ElectricityHeatJanitorial ServiceOperating StopsInsuranceRepairsScavengerSewerOther Total Operating Expenses Year 2018 Type Bus / Bus W/Real Est Type Of Lease None Unincorporated YN No Utilities Electric To SiteGas To SiteWater To Site Zoning Rtail

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Troy Realty Ltd.


    © 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 2020-12-01T08:51:21.403 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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    Champaign IL, 61822