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    5756 W Belmont Avenue

    Chicago, IL 60634
    • $450,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 10905577
    UPDATED: 45 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 TO ANOTHER OR RENT IT OR RENT TO OWN. *** OWNER FINANCING MAYBE AVAILABLE PENDING OWNER APPROVAL *** SALES PRICE IS $450,000... RENTAL PRICE $3500.00 TRIPLE NET monthly rent ( 2 months rent deposit $7000 )

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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 2020-11-24T20:51:58.79 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: 45 min ago
    • MLS #: 10905577
    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 TO ANOTHER OR RENT IT OR RENT TO OWN. *** OWNER FINANCING MAYBE AVAILABLE PENDING OWNER APPROVAL *** SALES PRICE IS $450,000... RENTAL PRICE $3500.00 TRIPLE NET monthly rent ( 2 months rent deposit $7000 )
    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 7 Roof Rubber

    Interior Features

    Cooling Central Air Electric 201-600 Amps 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 0 Business Age 1-3 Years Business Type Auto DealerBarber/BeautyArts And EntertainmentDry CleanerBar/Tavern/LoungeFood & BeverageGroceryRestaurantFitnessMaintenanceLiquor StoreMedicalPet StorePrintingVideoService/Misc.RetailOther Cost Of Goods Sold 0000 Cost Of Goods Year 2018 Current Use Commercial Existing Lease Type N/A Food Beverage Type Coffee ShopFast Food/Drive-InRestaurantDeliBanquetPizza ParlorIce Cream/Yogurt ParlorFranchiseCateringOtherEthnicCarry-OutFine DiningGrill General Information Short Notice Ok Gross Payroll 000 Gross Payroll Year 2018 Gross Profit 46000 Gross Profit Year 2018 Gross Sales Ann Year 2018 Gross Sales Annual 240000 Inventory 000 Inventory Year 2018 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 Operating Expense Includes Real Estate Tax Ownership Type Trust Property Offered For Sale Or Rent Real Estate Included YN Yes Sale Includes LandBuildingBusinessEquipmentTrade FixturesKey Money/Good Will Sales Taxes 9999999 Sales Taxes Year 2019 Tax Annual Amount 22566 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsRoofScavengerStructureTax StopsSewerOther Total Actual Rent 3500 Total Operating Expenses Year 2018 Type Bus / Bus W/Real Est Type Of Lease Net LeaseOther (See Remarks)Purchase Option 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 2020-11-24T20:51:58.79 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