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    3924 N Cicero Avenue

    Chicago, IL 60638
    • $195,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: 11131250
    UPDATED: 34 min ago
    $195,000
    • 0
      BEDS
    • 2.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $33
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    ** DECLARE YOUR INDEPENDENCE & OWN YOUR OWN BUSINESS ** FOR SALE TURN-KEY OPERATION at the PROMINENT SIX CORNERS SHOPPING DISTRICT ** Upcoming Redevelopment of this Prominent Intersection and Northwest Neighborhood is a Promising Location to Continue to Grow this Business *** Well Established Mr. Submarine Franchise ** Over 47 Years in Business and 30 Years with the Present Owner ** Fully Equipped ** Ample Seating and Parking ** Dine-in, Carry Out, Drive-thru, Delivery, Catering ** Serving Appetizers, Hot & Cold Sandwiches, Burgers, Salads, Chicken Wings, Fried Shrimp, Side Orders & More ** Business is Located in a Busy Strip Center with Great Visibility ** Large Monument Sign draws a Great Deal of Attention ** Strong Traffic and Pedestrian Counts ** All Fixtures and Inventory Sold with the Business ** The Development of New Mixed-Use, Retail and Residential in the Area will Enhance the Neighborhood and Increase Traffic ** 2021 P&L shows Excellent Income ** Come into the Business with Experience or Current Owner is willing to Train **

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    © 2021 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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-02T09:52:59.053 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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    3924 N Cicero Avenue Chicago, IL 60638

    • Price: $195,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 11131250
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.3
    Acres
    6,000
    SQFT
    $33
    $/SQFT
    Neighborhood:
    Chi - Portage Park
    County:
    Cook
    Area:
    Chi - Portage Park
    Property Description
    ** DECLARE YOUR INDEPENDENCE & OWN YOUR OWN BUSINESS ** FOR SALE TURN-KEY OPERATION at the PROMINENT SIX CORNERS SHOPPING DISTRICT ** Upcoming Redevelopment of this Prominent Intersection and Northwest Neighborhood is a Promising Location to Continue to Grow this Business *** Well Established Mr. Submarine Franchise ** Over 47 Years in Business and 30 Years with the Present Owner ** Fully Equipped ** Ample Seating and Parking ** Dine-in, Carry Out, Drive-thru, Delivery, Catering ** Serving Appetizers, Hot & Cold Sandwiches, Burgers, Salads, Chicken Wings, Fried Shrimp, Side Orders & More ** Business is Located in a Busy Strip Center with Great Visibility ** Large Monument Sign draws a Great Deal of Attention ** Strong Traffic and Pedestrian Counts ** All Fixtures and Inventory Sold with the Business ** The Development of New Mixed-Use, Retail and Residential in the Area will Enhance the Neighborhood and Increase Traffic ** 2021 P&L shows Excellent Income ** Come into the Business with Experience or Current Owner is willing to Train **
    Exterior Features

    Approx Land Sq Footage 1800 Parking Total 14 Waterfront YN No

    Interior Features

    Cooling Central AirCentral Individual Heat Ventilation Forced Air

    Property Features

    Additional Parcels YN No Adj Net Income Year 2020 Adjusted Net Income 29240 Annual Rent For Real Estate 36320 Business Age 11+ Years Business Type Food & BeverageRestaurant Corporate Limits Chicago Cost Of Goods Sold 66122 Cost Of Goods Year 2020 Existing Lease Type N/A Food Beverage Type Fast Food/Drive-InFranchiseCarry-Out General Information List Broker Must AccompanyNo Sign On PropertyHighly Confidential Gross Payroll 66463 Gross Payroll Year 2020 Gross Profit 188991 Gross Profit Year 2020 Gross Sales Ann Year 2020 Gross Sales Annual 255114 Inventory 0 Inventory Year 0 Known Encumbrances None Known Lot Size Dimensions 99999 Net Operating Income Year 2020 Net Profit 29240 Operating Expense 160301 Operating Expense Includes AccountingAdvertisingCable TvDepreciationFuelInsuranceLicensesMaintenanceSuppliesTrashUtilitiesWater/SewerElectricityGasHeat/CoolingReal Estate TaxTelephone Property Offered For Sale Only Real Estate Included YN No Sale Includes BusinessEquipmentFranchise Transfer FeeInventoryOwner Will Train Sales Taxes 0 Sales Taxes Year 0 Tax Annual Amount 10323 Tax Year 2019 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatTaxesInsuranceRepairsScavengerSewer Total Operating Expenses Year 2020 Type Bus / Bus W/Real Est Type Of Lease Other (See Remarks) Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max At Home.


    © 2021 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 The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-08-02T09:52:59.053 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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