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9999 Confidential Avenue - Great Opportunity to own the Real Estate, Collect Rental Income from Tenants. It's a Mix Use Property for Low Real Estate Taxes. BIG BANG FOR YOUR BUCKS!!!! Family Restaurant Business for over 25 years, A Local Favorite. Seating for 180, Plenty of Parking for up to 60 Cars. Remodeled 10 years ago, building in Great Shape. Seller wants to retire. On market below appraised value. Totally Turn Key OPERATION!!! NDA REQUIRED!!!!

Listing information

  • MLS® ID: 09320657
  • Stories: 2
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: Surface / Paved 60 cars
  • Estimated Annual Taxes: $26,000
  • Status: Active
  • New Construction: No
  • County: Cook

Features

Air Conditioning Central Air, Exhaust Fan/s, Zoned
Business Age 11+ Years
Business Type Restaurant
Confidentiality Or Non-Disclosure Agreement Requir Yes
Current Use Commercial
Electrical Service Over 600 Amps
Franchisor Feed(y/n) No
Frontage/Access City Street, Signal Intersection
Heat/Ventilation Ceiling Units, Forced Air, Gas
Information 24-Hr Notice Required
Known Encumbrances First Mortgage
Location Central Business District
Lot Size .25-.49 Acre
Other Adjusted Net Income - 0, Annual Rent For Real Estate - 25000, Approx Land Sq Footage - 5000, Approx Total Bldg Sq Ft - 8711, Gross Profit - 0, Gross Profit Year - 2015, Gross Sales Ann Year - 2015, Gross Sales Annual - 850000, Inventory Year - 2015, Net Operating Income Year - 2015, Net Profit - 0, Sales Taxes - 0, Sales Taxes Year - 2015, Tax Year - 2014, Total Op Exp Year - 2015, Zoning Type - Rtail
Outdoor Parking 51-100 Spaces, Lighted, Paved
Possession Closing
Property Offered For Sale Only
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Building, Business, Business Name, Equipment, Key Money/Good Will, Land, Phone Number, Trade Fixtures
Tenant Pays Cooking Gas, Heat, Insurance, Real Property Taxes, Water/Sewer
Type Of Lease None
Listing Courtesy of Realty Executives Ambassador