2521 California Avenue , Store

    Chicago, IL 60647
    • $88,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 10029145
    UPDATED: 27 min ago
    $88,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,800
      SQFT
    • $23
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Hot Logan Sq. Restaurant!great opportunity! $88 key money and $6600 month net for fully built out restaurant with incidental liquor, outdoor dining,client list some parking and more. built in 2012, with super high ceilings, Upholstered seating, black iron, food prep in basement and more.Outdoor seating up front!Beautiful buildout!!Same street as Starbucks,Mi Tocayo,Qiote and more. Near blue line!Gorgeous buildout is 1800 asf up and 700 asf prep kitchen/coolers in lower level.2- 5 ton A/C units, Hardwood floors, tall Ceilings, oval shaped bar. 2 ADA multi stall baths.Financial info w/non disclosure and LOI. In business for over 12 years. Owner downsizing from multiple locations. Do NOT DISTURB OR QUESTION EMPLOYEES OR CLIENTS !Restaurant pays 60% water.50%tax,50% insurance.Keep as Asian concept or reconcept!Owner prefers 5 year lease,but is flexible.

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    © 2018 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 the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-10-19T10:53:03.853.

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    www.mktproperties.com/homes/85922890

    2521 California Avenue , Store Chicago, IL 60647

    • Price: $88,000
    • Status: Active
    • Updated: 27 min ago
    • MLS #: 10029145
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,800
    SQFT
    $23
    $/SQFT
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    Hot Logan Sq. Restaurant!great opportunity! $88 key money and $6600 month net for fully built out restaurant with incidental liquor, outdoor dining,client list some parking and more. built in 2012, with super high ceilings, Upholstered seating, black iron, food prep in basement and more.Outdoor seating up front!Beautiful buildout!!Same street as Starbucks,Mi Tocayo,Qiote and more. Near blue line!Gorgeous buildout is 1800 asf up and 700 asf prep kitchen/coolers in lower level.2- 5 ton A/C units, Hardwood floors, tall Ceilings, oval shaped bar. 2 ADA multi stall baths.Financial info w/non disclosure and LOI. In business for over 12 years. Owner downsizing from multiple locations. Do NOT DISTURB OR QUESTION EMPLOYEES OR CLIENTS !Restaurant pays 60% water.50%tax,50% insurance.Keep as Asian concept or reconcept!Owner prefers 5 year lease,but is flexible.
    Exterior Features

    Approx Land Sq Footage 2500 Frontage Access City Street Land Amenities Lighting/Exterior Lot Dimensions Less Than .25 Acres Lot Sq Ft 3125 Number Of Parking Spaces 1 Roof Coverings Rubber

    Interior Features

    Air Conditioning Central AirZoned Miscellaneous Inside Handicapped Equip Washroom/SHeavy Floor Load Number Of Stories 3 Outdoor Parking 1-5 Spaces

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 01 Ann Rnt Expense Source Actual Annual Rent For Real Estate 78000 Business Age 11+ Years Business Name Hatchi's Kitchen Business Type Restaurant Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 01 Cost Of Goods Year 2018 Current Use Commercial Electrical Service 101-200 Amps Estimated Cam SF 3.6 Food Beverage Type Restaurant Green Features Tankless Hot Water Heater Gross Payroll 01 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 01 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 01 Heat Ventilation Forced AirGas Inventory 01 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Lease Type Net Living Quarters AvailablePossible Miscellaneous Outside Handicapped AccessPatioSecurity Lighting Monthly Rental Price 6600 Net Operating Income Year 2018 Net Profit 01 Net Profit Source Owner Projection Possession ClosingImmediateNegotiable Potential Use Commercial Property Offered For Sale Or Rent Proprietary Info Profit And Loss Statement Real Estate Included YN No Rental Price 34 Seating Capacity 76-100 Tax Year 2016 Taxes 9300 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceScavenger Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 01 Type Of Lease Net Lease Type Ownership Business Corporation Utilities To Site Electric To SiteGas To SiteWater-Municipal Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Dumas & Associates, Inc..


    © 2018 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 the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. 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. Data last updated: 2018-10-19T10:53:03.853.

    Digital Millennium Copyright Act
     
    MKT Properties | Keller Williams
    2211 N Elston #104
    Chicago IL, 60614