Address Not Available By Request

    La Grange, IL 60525
    • $1,700,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 10563562
    UPDATED: 64 min ago
    $1,700,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,300
      SQFT
    • $270
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Own your own business in the HEART of bustling Downtown La Grange! This two-story restaurant building has AMAZING La Grange Road frontage. Visibility is fantastic, with 22,000 cars passing by every day, not to mention the downtown foot traffic! Perfect for an investor or restaurateur, with the hustling restaurant downstairs, and convenient office space upstairs. The second-floor office space has its own private entrance and can easily be leased out to additional tenants - offering an additional stream of income. Terrific multi-use configuration! Basement has 2nd walk-in cooler with tons of storage. Located just blocks from the Metra train stop, surrounded by an energetic downtown business environment and part of an established and thriving business community. Reach more than 100,000 people within a 3 mile radius every day. If you are looking to get into the La Grange area, this building is your ticket. Don't miss the opportunity!

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    © 2019 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. Based on information submitted to the MRED as of 2019-11-20T13:51:46.443 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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    www.thewexlergroup.com/homes/100464771

    Address Not Available By Request La Grange, IL 60525

    • Price: $1,700,000
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 10563562
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    6,300
    SQFT
    $270
    $/SQFT
    Neighborhood:
    La Grange
    County:
    Cook
    Area:
    La Grange
    Property Description
    Own your own business in the HEART of bustling Downtown La Grange! This two-story restaurant building has AMAZING La Grange Road frontage. Visibility is fantastic, with 22,000 cars passing by every day, not to mention the downtown foot traffic! Perfect for an investor or restaurateur, with the hustling restaurant downstairs, and convenient office space upstairs. The second-floor office space has its own private entrance and can easily be leased out to additional tenants - offering an additional stream of income. Terrific multi-use configuration! Basement has 2nd walk-in cooler with tons of storage. Located just blocks from the Metra train stop, surrounded by an energetic downtown business environment and part of an established and thriving business community. Reach more than 100,000 people within a 3 mile radius every day. If you are looking to get into the La Grange area, this building is your ticket. Don't miss the opportunity!
    Exterior Features

    Approx Land Sq Footage 3300 Construction StoneWood Frame Frontage Access City Street Location Central Business District Lot Dimensions 27X126X31X127 Lot Sq Ft 4400 Number Of Parking Spaces 0 Roof Coverings MembraneReflective Coating

    Interior Features

    Air Conditioning Central AirZoned Miscellaneous Inside Multi-TenantPrivate Restroom/SPublic Restroom/S Number Of Stories 2 Outdoor Parking Common Parking

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 7-10 Years Business Type Restaurant Corporate Limits La Grange Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 631057 Cost Of Goods Year 2018 Current Use Commercial Electrical Service Separate Meters Food Beverage Type Restaurant Gross Payroll 242858 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 1047625 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances First Mortgage Lease Type N/A Living Quarters None Miscellaneous Outside Enclosed StairsSecurity Lighting Net Operating Income Year 2018 Net Profit 0 Net Profit Source Owner Projection Number Of Emp Full Time 25 Possession ClosingTenant's Rights Potential Use Commercial Property Offered For Sale Only Real Estate Included YN Yes Sale Terms ConventionalOtherWrap Around Seating Capacity 76-100 Tax Year 2018 Taxes 35558 Tenant Pays Varies By Tenant Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 420927 Type Of Lease None Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-MunicipalWater To Site Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 2019 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. Based on information submitted to the MRED as of 2019-11-20T13:51:46.443 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
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467