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10501 Ridgeland Avenue

Chicago Ridge, IL 60415
  • $779,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 11739419
UPDATED: 210 min ago
$779,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Building, Business and apartment for sale. This is a turn key operation. Here is an opportunity for a owner operator or investor looking for Gaming, commercial and residential income. Bar is downstairs w/kitchen, gaming and band stage. Jesse's Tavern is a well established Business that has been located in Chicago Ridge for 17 years. Seating capacity holds 75. It is an established music venue for local acts. The kitchen has been noted for "best burgers". Separate dedicated gaming area with 6 video poker machines. Has beer garden with outdoor seating. There is a constant flow of customers from the live music 4 nights a week, bingo nights, karaoke, Sunday Bloody Mary bar. Also equipped with lottery machines and instant ticket sales. There is plenty of public parking, commuter train is close by. The upstairs apartment has 3 bedrooms and 1 1/2 baths, all very well maintained and updated with new appliances. Recently remodeled with large open concept. Set your appointment to see it today.

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© 2023 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 eXp Realty. Based on information submitted to the MRED as of 2023-06-01T23:58:37.957 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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10501 Ridgeland Avenue Chicago Ridge, IL 60415

  • Price: $779,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 210 min ago
  • MLS #: 11739419
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chicago Ridge
County:
Cook
Area:
Chicago Ridge
Property Description
Building, Business and apartment for sale. This is a turn key operation. Here is an opportunity for a owner operator or investor looking for Gaming, commercial and residential income. Bar is downstairs w/kitchen, gaming and band stage. Jesse's Tavern is a well established Business that has been located in Chicago Ridge for 17 years. Seating capacity holds 75. It is an established music venue for local acts. The kitchen has been noted for "best burgers". Separate dedicated gaming area with 6 video poker machines. Has beer garden with outdoor seating. There is a constant flow of customers from the live music 4 nights a week, bingo nights, karaoke, Sunday Bloody Mary bar. Also equipped with lottery machines and instant ticket sales. There is plenty of public parking, commuter train is close by. The upstairs apartment has 3 bedrooms and 1 1/2 baths, all very well maintained and updated with new appliances. Recently remodeled with large open concept. Set your appointment to see it today.
Exterior Features

Lot Size Less Than .25 Acre Parking Total 3

Interior Features

Cooling Central Air Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Adjusted Net Income 81971 Adjusted Net Income Year 2022 Annual Rent For Real Estate 60000 Building Area Total 5000 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & Beverage Electric Other Gross Profit Year 2022 Gross Sales Annual 553643 Gross Sales Annual Year 2022 Mls Actual Status Active Operating Expense 389575 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentInventoryPhone NumberBusiness Name Tax Annual Amount 13121 Tax Year 2021 Tenant Pays Varies By Tenant Type Bus / Bus W/Real Est Type Of Lease None

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Elite: 708-741-1000.


© 2023 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 eXp Realty. Based on information submitted to the MRED as of 2023-06-01T23:58:37.957 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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1363 Shermer, #200
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