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3938 N Central Avenue

Chicago, IL 60634
  • $449,000
  • STATUS: Active
  • ON SITE: 251 days
  • MLS #: 10936525
UPDATED: 229 min ago
$449,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,712
    SQFT
  • $166
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

BUSINESS OR BUSINESS & REAL ESTATE FOR SALE. $50K for business, owner to lease back. Business & RE for $500,000. Charming and cozy restaurant in Portage Park. Owner estimates inside seats 50+ people and the outside seats another 50+ people. Large bar w/4 pub tables, private dining area as well. Previously Cochinita & The Portage. Great for owner-operator. Full rehab including electric, plumbing, mechanicals, and kitchen equipment. 2 bed 1 bath apartment on 2nd fl for added income. Apartment can only be seen during inspection after a contract has been signed. Turnkey uses; pub, wine bar & restaurant. Virtual tour and floorplans in the listing. Incidental liquor license has expired but you could get a new license and be able to serve till 2 AM all days 3 AM on Saturday. Brilliant opportunity, jump on this!

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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 2021-07-27T23:52:22.403 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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3938 N Central Avenue Chicago, IL 60634

  • Price: $449,000
  • Status: Active
  • Updated: 229 min ago
  • MLS #: 10936525
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2,712
SQFT
$166
$/SQFT
Neighborhood:
Chi - Portage Park
County:
Cook
Area:
Chi - Portage Park
Property Description
BUSINESS OR BUSINESS & REAL ESTATE FOR SALE. $50K for business, owner to lease back. Business & RE for $500,000. Charming and cozy restaurant in Portage Park. Owner estimates inside seats 50+ people and the outside seats another 50+ people. Large bar w/4 pub tables, private dining area as well. Previously Cochinita & The Portage. Great for owner-operator. Full rehab including electric, plumbing, mechanicals, and kitchen equipment. 2 bed 1 bath apartment on 2nd fl for added income. Apartment can only be seen during inspection after a contract has been signed. Turnkey uses; pub, wine bar & restaurant. Virtual tour and floorplans in the listing. Incidental liquor license has expired but you could get a new license and be able to serve till 2 AM all days 3 AM on Saturday. Brilliant opportunity, jump on this!
Exterior Features

Approx Land Sq Footage 1625 Construction Materials Brick Frontage Type City Street Location Mixed Use AreaPublic Transport Avail Miscellaneous Outside Patio Parking Total 0

Interior Features

Cooling Central Air Electric 101-200 Amps3 Phase Heat Ventilation Central Heat/Indiv ControlsForced AirGas

Property Features

Additional Parcels YN No Adj Net Income Year 2017 Adjusted Net Income 999 Annual Rent For Real Estate 999 Business Age 7-10 Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Cost Of Goods Sold 999 Cost Of Goods Year 2017 Current Use Commercial General Information List Broker Must AccompanyOther-See Remarks Gross Payroll 999 Gross Payroll Year 2017 Gross Profit 999 Gross Profit Year 2017 Gross Sales Ann Year 2017 Gross Sales Annual 999 Inventory 999 Inventory Year 2020 Known Encumbrances None Known Lot Size Less Than .25 Acre Lot Size Dimensions 27.6 X 126 Net Operating Income Year 2017 Net Profit 999 Operating Expense 999 Possible Use CommercialLiquor LicenseMulti-FamilyRetail Property Offered For Sale Only Real Estate Included YN Yes Sale Includes BuildingBusinessLicense/PermitEquipmentTrade FixturesInventory Sales Taxes 999 Sales Taxes Year 2017 Tax Annual Amount 5468 Tax Year 2019 Tenant Pays Varies By Tenant Total Operating Expenses Year 2017 Type Bus / Bus W/Real Est Type Of Lease Net Lease Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties.


© 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 2021-07-27T23:52:22.403 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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