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    7440 W North Avenue

    Elmwood Park, IL 60707
    • $199,500
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 10814483
    UPDATED: 31 min ago
    $199,500
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $48
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    New remodeled turn key fully equipped restaurant-bar with outdoor patio and video gaming. Eat-Drink-Win. Business established since 1987. More than $18,000 a week in sales; 40% dine in and catering and 60% pick up and delivery or bring in your own concept. Seats 150 in dining areas plus 60 at the outdoor patio. Parking for six (6) cars plus unlimited parking free from the Village of Elmwood Park located in the rear of the restaurant. Heavy walking traffic-heavy traffic count on busy North Avenue corridor-38,000 vehicles per day. Come and join one of the hottest restaurant rows in the area serving Elmwood Park, River Forest, Oak Park, Melrose Park and Chicago. Other tenant nearby Johnnie's Beef, Massa Cafe Italiano, Spizzico Pizza & Pasta, Panera Bread and Benny's Liquors.

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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 2020-12-01T12:54:12.487 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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    7440 W North Avenue Elmwood Park, IL 60707

    • Price: $199,500
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 10814483
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,200
    SQFT
    $48
    $/SQFT
    Neighborhood:
    Elmwood Park
    County:
    Cook
    Area:
    Elmwood Park
    Property Description
    New remodeled turn key fully equipped restaurant-bar with outdoor patio and video gaming. Eat-Drink-Win. Business established since 1987. More than $18,000 a week in sales; 40% dine in and catering and 60% pick up and delivery or bring in your own concept. Seats 150 in dining areas plus 60 at the outdoor patio. Parking for six (6) cars plus unlimited parking free from the Village of Elmwood Park located in the rear of the restaurant. Heavy walking traffic-heavy traffic count on busy North Avenue corridor-38,000 vehicles per day. Come and join one of the hottest restaurant rows in the area serving Elmwood Park, River Forest, Oak Park, Melrose Park and Chicago. Other tenant nearby Johnnie's Beef, Massa Cafe Italiano, Spizzico Pizza & Pasta, Panera Bread and Benny's Liquors.
    Exterior Features

    Approx Land Sq Footage 4200 Construction Materials Concrete Frontage Type State Road Location Central Business DistrictCommercial Business ParkMixed Use AreaPublic Transport AvailFree Standing/Urban Miscellaneous Outside Handicapped AccessPatio Outdoor Parking 51-100 SpacesPavedPublic Lot Parking Total 6 Roof Rubber

    Interior Features

    Cooling Central Air Electric Over 600 Amps Heat Ventilation Forced Air Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/S

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 0 Annual Rent For Real Estate 72000 Business Age 11+ Years Business Name Eat-Drink-Win Business Type Bar/Tavern/LoungeRestaurantRetail Corporate Limits Elmwood Park Cost Of Goods Sold 0 Cost Of Goods Year 2019 Existing Lease Type Net Food Beverage Type RestaurantPizza ParlorCateringCarry-OutFine Dining General Information 24-Hr Notice RequiredNo Sign On PropertyAfter Hours OnlyHighly Confidential Gross Payroll 0 Gross Payroll Year 2019 Gross Profit 0 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 936000 Inventory 0 Inventory Year 2019 Known Encumbrances None Known Land Amenities Other Lot Size Dimensions 60 X 125 Net Operating Income Year 2019 Net Profit 0 Number Of Full Time Employees 6 Number Of Part Time Employees 6 Operating Expense 0 Ownership Type1 Individual Possible Use CommercialLiquor LicenseRetailOther Property Offered For Sale Or Rent Real Estate Included YN No Sale Includes Other (See Remarks) Sales Taxes 0 Sales Taxes Year 2019 Seller Will Other Tax Annual Amount 26350 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatScavengerSewerGas Total Actual Rent 6000 Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease Net Lease Utilities Electric To SiteWater To Site Zoning Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 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 2020-12-01T12:54:12.487 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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