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2011 N Damen Avenue

Chicago, IL 60647
  • $75,000
  • STATUS: Active
  • ON SITE: 940 Days
  • MLS #: 10370840
$75,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,200
    SQFT
  • $14
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Rarely available fully equipped and turn-key prime restaurant available in the heart of Bucktown. Located just north of the flourishing Armitage and Damen intersection. This property has operated popular local restaurants for over three decades. Current restaurant concept owner is selling all the equipment and fixtures anyone needs to open a new restaurant concept immediately. All the equipment is less than three years old. Property also features new bathroom, new HVAC, remodeled basement with office, new exhaust system and new roof. Open your own concept next door to trendy new and existing popular restaurants such as Luella's Gospel Bird, AMK Kitchen, Izakaya Mita, and Le Bouchon. The grandfathered in hanging street signage can easily be seen from intersection that has a traffic count of more than 30,000 vehicles per day. Also requires assumption of existing lease through March 30, 2021. Business name and concept are not included in the sale. Partial FF&E list in documents

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© 2021 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 The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-03T00:00:49.62 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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2011 N Damen Avenue Chicago, IL 60647

  • Price: $75,000
  • Status: Active
  • On Site: 940 Days
  • MLS #: 10370840
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,200
SQFT
$14
$/SQFT
Neighborhood:
Chi - Logan Square
County:
Cook
Area:
Chi - Logan Square
Property Description
Rarely available fully equipped and turn-key prime restaurant available in the heart of Bucktown. Located just north of the flourishing Armitage and Damen intersection. This property has operated popular local restaurants for over three decades. Current restaurant concept owner is selling all the equipment and fixtures anyone needs to open a new restaurant concept immediately. All the equipment is less than three years old. Property also features new bathroom, new HVAC, remodeled basement with office, new exhaust system and new roof. Open your own concept next door to trendy new and existing popular restaurants such as Luella's Gospel Bird, AMK Kitchen, Izakaya Mita, and Le Bouchon. The grandfathered in hanging street signage can easily be seen from intersection that has a traffic count of more than 30,000 vehicles per day. Also requires assumption of existing lease through March 30, 2021. Business name and concept are not included in the sale. Partial FF&E list in documents
Exterior Features

Parking Total 0

Interior Features

Cooling Central Air Heat Ventilation Gas

Property Features

Additional Parcels YN No Adjusted Net Income 100000 Adjusted Net Income Year 2020 Annual Rent For Real Estate 39338 Building Area Total 5200 Business Age 1-3 Years Business Type Restaurant Current Use Commercial Electric Service - 101 To 200 Amps Gross Profit Year 2020 Gross Sales Annual 624000 Gross Sales Annual Year 2020 Operating Expense 99999 Property Offered For Sale Only Real Estate Included No Sale Price Includes EquipmentTrade FixturesInventoryKey Money/Good Will Tax Annual Amount 18000 Tax Year 2019 Tenant Pays ElectricityHeatScavengerSewerGas Type Bus / Bus W/Real Est Type Of Lease Gross Lease Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Be Realty, Llc.


© 2021 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 The Dena Furlow Team - Keller Williams Realty. Based on information submitted to the MRED as of 2021-12-03T00:00:49.62 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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The Dena Furlow Team - Keller Williams Realty
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Naperville IL, 60540