5504 N Milwaukee Avenue, CHICAGO IL 60630 Photo 1
Listing Courtesy of @Properties Commercial

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5504 N Milwaukee Avenue - Successful and Established banquet hall located on NW side of Chicago in the Jefferson Park / Gladstone Park area. Updated room with seating close to 300 ppl. Fully equipped kitchen included. Clean turnkey business with bookings at least 1 yr in advance. Start making right away. Sale also included liquor license, building and 2 parking lots. 48 yr old business that is very well known and successful. Continue the current business or reconnect banquet hall or new restaurant. Highly confidential so do not disturb employees. Showings on Mondays. Email for details.

Listing information

  • MLS® ID: 09338711
  • Stories: 1
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $26,111
  • Status: Active
  • New Construction: No
  • County: Cook


Air Conditioning Central Air
Business Age 11+ Years
Business Type Bar/Lounge/Nite Club, Food and Beverage, Other, Restaurant
Franchisor Feed(y/n) No
Heat/Ventilation Central Heat/Indiv Controls
Information 24-Hr Notice Required
Known Encumbrances None Known
Lot Size .25-.49 Acre
Other Adjusted Net Income - 0, Annual Rent For Real Estate - 0, Approx Land Sq Footage - 6000, Approx Total Bldg Sq Ft - 6000, Gross Profit - 0, Gross Profit Year - 2016, Gross Sales Ann Year - 2016, Gross Sales Annual - 0, Inventory Year - 2016, Net Operating Income Year - 2016, Net Profit - 0, Sales Taxes - 0, Sales Taxes Year - 2016, Tax Year - 2015, Total Op Exp Year - 2016, Zoning Type - Commr
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, Customer List, Equipment, Inventory, Land, License/Permit, Other (See Remarks), Owner Will Train
Tenant Pays Air Conditioning, Common Area Maintenance, Cooking Gas, Electric, Heat, Insurance, Janitorial, Operating Stops, Other, Real Property Taxes, Repairs and Maintenance, Roof, Scavenger, Structure, Tax Stops, Water/Sewer
Type Of Lease None
Listing Courtesy of @Properties Commercial