2416 W Schubert Avenue

    Chicago, IL 60647
    • $799,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: 10169832
    UPDATED: 21 min ago
    $799,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,950
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Seller is a Realtor. Do not disturb employees. Some employees have been with us for 17 years. Please do not disturb employees. Showing on Monday only. Employees will stay this is a turnkey opportunity. Established in 2002 brick single use building with Seating for 45 guest, increase to 90 guest during the summer with covered outside patio seating. 40% of our sales come from pickup and delivery. Zoned HVAC rooftop units. Two separate kitchens both with hoods. Complete prep kitchen with southern pride smoker Walk in Cooler / Freezer combo. Line is set for any concept currently a BBQ restaurant. Loading zone for deliveries and pickups. Just off Western Ave and across the street from Regal city north 14 theatre. Tons of theatre foot traffic. The theatre parking garage serves the community the fee is $2.00 per vehicle. Asking price includes building, business, retail and liquor license all books and good will. Next door is zoned B 3-2.

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    © 2019 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 The Dena Furlow Team - Keller Williams Realty. 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 The Dena Furlow Team - Keller Williams Realty 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: 2019-03-25T17:52:39.09.

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    2416 W Schubert Avenue Chicago, IL 60647

    • Price: $799,000
    • Status: Active
    • Updated: 21 min ago
    • MLS #: 10169832
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    2,950
    SQFT
    $271
    $/SQFT
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    Seller is a Realtor. Do not disturb employees. Some employees have been with us for 17 years. Please do not disturb employees. Showing on Monday only. Employees will stay this is a turnkey opportunity. Established in 2002 brick single use building with Seating for 45 guest, increase to 90 guest during the summer with covered outside patio seating. 40% of our sales come from pickup and delivery. Zoned HVAC rooftop units. Two separate kitchens both with hoods. Complete prep kitchen with southern pride smoker Walk in Cooler / Freezer combo. Line is set for any concept currently a BBQ restaurant. Loading zone for deliveries and pickups. Just off Western Ave and across the street from Regal city north 14 theatre. Tons of theatre foot traffic. The theatre parking garage serves the community the fee is $2.00 per vehicle. Asking price includes building, business, retail and liquor license all books and good will. Next door is zoned B 3-2.
    Exterior Features

    Approx Land Sq Footage 3550 Construction Brick Frontage Access City Street Lot Dimensions 24 X 124 Lot Sq Ft 2975 Number Of Parking Spaces 2 Roof Coverings Reflective CoatingRubber Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 72000 Business Age 11+ Years Business Type Food And BeverageRestaurant Corporate Limits Chicago Cost Of Goods Expense Source Actual Cost Of Goods Sold 443800 Cost Of Goods Year 2017 Current Use Commercial Electrical Service 201-600 Amps240V Power Food Beverage Type RestaurantCarry-OutGrill Gross Payroll 392594 Gross Payroll Expense Source Actual Gross Payroll Year 2017 Gross Profit 653570 Gross Profit Expense Source Actual Gross Profit Year 2017 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2017 Gross Sales Annual 1097370 Heat Ventilation Ceiling UnitsCentral Heat/Indiv ControlsForced AirGas Inventory 1 Inventory Expense Source Owner Projection Inventory Year 2019 Known Encumbrances First Mortgage Lease Expires 2020-01-01T06:00:00 Living Quarters None Miscellaneous Outside PatioSecurity System Net Operating Income Year 2017 Net Profit 653570 Net Profit Source Actual Number Of Emp Full Time 35 Number Of Emp Part Time 4 Possession Closing Potential Use Commercial Property Offered For Sale Only Real Estate Included YN Yes Sale Terms Conventional Seating Capacity 41-5051-75 Tax Year 2016 Taxes 12273 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerWater/SewerCooking Gas Total Op Exp Year 2017 Total Op Expense Source Actual Total Operating Expenses 168400 Type Of Lease None Type Ownership Business Corporation Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker Residential.


    © 2019 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 The Dena Furlow Team - Keller Williams Realty. 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 The Dena Furlow Team - Keller Williams Realty 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: 2019-03-25T17:52:39.09.

    Digital Millennium Copyright Act
     
    The Dena Furlow Team - Keller Williams Realty
    608 S. Washington St., Suite 100
    Naperville IL, 60540