3243 111th Street

    Chicago, IL 60655
    • $385,000
    • STATUS: Active Under Contract
    • ON SITE: 41 days
    • MLS #: 10649266
    Under Contract
    $385,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $107
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    LOCATION!! LOCATION!! LOCATION!! Amazing Opportunity Awaits. This well Established turn key family owned business right in the Heart of Mount Greenwood with 19,200 est daily traffic count. Features include FF&E, Gaming Room and addition seating in rear for Private Parties which leads to Outdoor Deck and Grilling Area. Abundance of Storage. Walk In Cooler, Ice Machine, Washer & Dryer. Newly Finished 1 bedroom & 1 Bath Apartment upstairs w/3 Car Garage. Additional features include Office, Kitchen and Bathroom(needs TLC) but with the right imagination you could create your own GOLDMINE, ARE YOU READY TO TAKE ADVANTAGE OF THIS AMAZING OPPORTUNITY, SO MUCH POTENTIAL. Great Steady daily Trade. Original owners have been here for 30 years and are ready to retire. Great Community of Fire Fighters, Police & City Workers. Schedule your showing today. You'll be glad you did.

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    © 2020 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 2020-04-08T23:49:37.267 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.spaniakteam.com/homes/103587360

    3243 111th Street Chicago, IL 60655

    • Price: $385,000
    • Status: Active Under Contract
    • MLS #: 10649266
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    3,600
    SQFT
    $107
    $/SQFT
    Neighborhood:
    Chi - Mount Greenwood
    County:
    Cook
    Area:
    Chi - Mount Greenwood
    Property Description
    LOCATION!! LOCATION!! LOCATION!! Amazing Opportunity Awaits. This well Established turn key family owned business right in the Heart of Mount Greenwood with 19,200 est daily traffic count. Features include FF&E, Gaming Room and addition seating in rear for Private Parties which leads to Outdoor Deck and Grilling Area. Abundance of Storage. Walk In Cooler, Ice Machine, Washer & Dryer. Newly Finished 1 bedroom & 1 Bath Apartment upstairs w/3 Car Garage. Additional features include Office, Kitchen and Bathroom(needs TLC) but with the right imagination you could create your own GOLDMINE, ARE YOU READY TO TAKE ADVANTAGE OF THIS AMAZING OPPORTUNITY, SO MUCH POTENTIAL. Great Steady daily Trade. Original owners have been here for 30 years and are ready to retire. Great Community of Fire Fighters, Police & City Workers. Schedule your showing today. You'll be glad you did.
    Exterior Features

    Approx Land Sq Footage 2000 Construction BrickConcrete Frontage Access City Street Location Channel FrontMixed Use Area Lot Dimensions 50 X 125 Lot Sq Ft 6250 Number Of Parking Spaces 2 Roof Coverings Shingle CompositionOther Waterfront YN No

    Interior Features

    Air Conditioning Central Air Indoor Parking 1-5 Spaces Miscellaneous Inside Private Restroom/SPublic Restroom/SStorage Inside Number Of Stories 2.5 Outdoor Parking 1-5 Spaces

    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 11+ Years Business Name Hinky Dinks Business Type Bar/Lounge/Nite ClubFood And BeverageRestaurant Contingency Flag Attorney/Inspection Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 113676 Cost Of Goods Year 2019 Current Use Commercial Food Beverage Type Other Gross Payroll 30912 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2019 Gross Profit 106808 Gross Profit Expense Source Owner Projection Gross Profit Year 2019 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2019 Gross Sales Annual 336684 Heat Ventilation Forced Air Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances None Known Lease Type N/A Living Quarters AvailableIncluded Miscellaneous Outside Handicapped AccessPatioSecurity SystemStorms And Screens (As Exist) Net Operating Income Year 2019 Net Profit 106808 Net Profit Source Owner Projection Possession ClosingImmediate Potential Use CommercialLiquor License Property Offered For Sale Only Proprietary Info Balance SheetFurniture/Fix/Equip ListProfit And Loss StatementTax Returns Real Estate Included YN Yes Sale Terms ConventionalCash Only Seating Capacity 41-50 Tax Year 2018 Taxes 7668.40 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorial Total Op Exp Year 2019 Total Op Expense Source Owner Projection Total Operating Expenses 229876 Type Of Lease None Type Ownership Business Family Unincorporated YN No Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of United Real Estate Elite.


    © 2020 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 2020-04-08T23:49:37.267 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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