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99999 Confidential Street

Confidential, IL 99999
  • $714,900
  • STATUS: Active
  • ON SITE: 201 Days
  • MLS #: 11285254
UPDATED: 175 min ago
$714,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
County:

School Ratings & Info

Description

Own your piece of timeless Americana! Great opportunity for the savvy entrepreneur in the Near South-West Suburbs to purchase long standing, well-established, turn-key, free-standing bar & restaurant with excellent cash flow. Additional income provided by multiple video gaming terminals, with room for more! This charming and unique bar & restaurant has been part of the community since 1963! The sale offering includes the assets of the business AND the underlying real estate. 3,275 square feet free standing building houses bar/restaurant and large vacant 2-bedroom apartment, providing opportunity for additional residential income. The real estate includes .75 acres of land composed of two separate parcels. The building is situated on .36 acres with the second parcel being mainly vacant and gravel, consisting of nearly .39 acres. The bar & restaurant has so much history, charm, and character. Turn-key business with great cash flow. 5 video gaming terminals, with room for more, on track for over $100,000 additional owner income in 2021. Functional kitchen. Sale includes all tables, chairs, fixtures, and equipment. Full basement allows for additional storage. Large outdoor grass picnic area with large stage, perfect for parties, picnics, and music. Expansive new outdoor wooden pavilion, built in 2019, provides plenty of outdoor seating. Property has been lovingly maintained but being sold "As - Is". Additional information including address, pictures, and financials will only be provided to qualified and vetted buyers. Proof of funds or lender approval letter required. Highly confidential. Please do not contact management, staff, or customers directly. Confidentiality agreement to be signed by buyer and agent. On high traffic road with estimated daily traffic counts over 15,000.

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© 2022 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 @properties. Based on information submitted to the MRED as of 2022-06-29T23:59:10.437 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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99999 Confidential Street Confidential, IL 99999

  • Price: $714,900
  • Status: Active
  • On Site: 201 Days
  • Updated: 175 min ago
  • MLS #: 11285254
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Confidential Commercial Listings
County:
Cook
Area:
Confidential Commercial Listings
Property Description
Own your piece of timeless Americana! Great opportunity for the savvy entrepreneur in the Near South-West Suburbs to purchase long standing, well-established, turn-key, free-standing bar & restaurant with excellent cash flow. Additional income provided by multiple video gaming terminals, with room for more! This charming and unique bar & restaurant has been part of the community since 1963! The sale offering includes the assets of the business AND the underlying real estate. 3,275 square feet free standing building houses bar/restaurant and large vacant 2-bedroom apartment, providing opportunity for additional residential income. The real estate includes .75 acres of land composed of two separate parcels. The building is situated on .36 acres with the second parcel being mainly vacant and gravel, consisting of nearly .39 acres. The bar & restaurant has so much history, charm, and character. Turn-key business with great cash flow. 5 video gaming terminals, with room for more, on track for over $100,000 additional owner income in 2021. Functional kitchen. Sale includes all tables, chairs, fixtures, and equipment. Full basement allows for additional storage. Large outdoor grass picnic area with large stage, perfect for parties, picnics, and music. Expansive new outdoor wooden pavilion, built in 2019, provides plenty of outdoor seating. Property has been lovingly maintained but being sold "As - Is". Additional information including address, pictures, and financials will only be provided to qualified and vetted buyers. Proof of funds or lender approval letter required. Highly confidential. Please do not contact management, staff, or customers directly. Confidentiality agreement to be signed by buyer and agent. On high traffic road with estimated daily traffic counts over 15,000.
Exterior Features

Lot Size .25-.49 Acre Outdoor Parking OpenUnpaved Parking Total 30 Roof Tar And Gravel Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Bldg Heat

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2020 Annual Rent For Real Estate 0 Building Area Total 3275 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & Beverage Corporate Limits Justice Gross Profit Year 2020 Gross Sales Annual 0 Gross Sales Annual Year 2020 Mls Actual Status Active Operating Expense 0 Ownership Types Land Trust Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessEquipmentTrade FixturesBusiness Name Tax Annual Amount 10721 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeatTaxesInsuranceRepairsRoofScavengerSewer Type Bus / Bus W/Real Est Type Of Lease None Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty Executives Elite.


© 2022 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 @properties. Based on information submitted to the MRED as of 2022-06-29T23:59:10.437 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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737 North Michigan Avenue, Suite 1800
Chicago IL, 60611