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6835 W Addison Street

Chicago, IL 60634
  • $549,900
  • STATUS: Active Under Contract
  • ON SITE: 141 Days
  • MLS #: 11209412
Under Contract
UPDATED: 124 min ago
$549,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Great opportunity to own a bar/restaurant with 3 rental apartments! Fantastic NW Chicago location. Add onto the existing bar or use the vacant lot to provide outdoor seating! 5 garage spaces for tenant use or additional rental income. Note: All apartments are family occupied. Rentals Would be $1100, $1100 & $1200. Two tenants would be interested in staying after purchase! Liquor license could be transferred to new owner. Bar financials provided upon request. Commercial/residential zoned B1-1. Ideal for any mixed-use or to re-develop! Bar owner currently takes $2000/rent!

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© 2022 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 2022-01-22T23:57:53.99 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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6835 W Addison Street Chicago, IL 60634

  • Price: $549,900
  • Status: Active Under Contract
  • On Site: 141 Days
  • Updated: 124 min ago
  • MLS #: 11209412
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - Dunning
County:
Cook
Area:
Chi - Dunning
Property Description
Great opportunity to own a bar/restaurant with 3 rental apartments! Fantastic NW Chicago location. Add onto the existing bar or use the vacant lot to provide outdoor seating! 5 garage spaces for tenant use or additional rental income. Note: All apartments are family occupied. Rentals Would be $1100, $1100 & $1200. Two tenants would be interested in staying after purchase! Liquor license could be transferred to new owner. Bar financials provided upon request. Commercial/residential zoned B1-1. Ideal for any mixed-use or to re-develop! Bar owner currently takes $2000/rent!
Exterior Features

Frontage Type City Street Lot Size Less Than .25 Acre Outdoor Parking Common Parking Parking Total 5 Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Forced AirGasHot Water

Property Features

Additional Parcels YN Yes Adjusted Net Income 70000 Adjusted Net Income Year 2020 Annual Rent For Real Estate 64800 Building Area Total 0 Business Age 11+ Years Business Type Bar/Tavern/Lounge Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago Gross Profit Year 2020 Gross Sales Annual 207000 Gross Sales Annual Year 2020 Operating Expense 30000 Ownership Types IndividualSole Proprietor Possible Use CommercialLiquor LicenseMulti-FamilyRetail Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentTrade Fixtures Tax Annual Amount 6081 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeat Type Bus / Bus W/Real Est Type Of Lease None

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Realty Ptnr,Ll.


© 2022 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 2022-01-22T23:57:53.99 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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