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7403 W Madison Street

Forest Park, IL 60130
  • $990,000
  • STATUS: Active Under Contract
  • ON SITE: 186 days
  • MLS #: 10979174
Under Contract
UPDATED: 30 min ago
$990,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1903
County:
Area:

School Ratings & Info

Description

Calling all investors and/or Restauranteurs seeking a turn key restaurant with additional rental income in place!! This is the opportunity to acquire a fully built out restaurant with bar, abundance of seating, and full, brand new kitchen. While everything is new, the space still has its original vintage charm with high tin ceilings, exposed brick and hardwood floors. The building provides additional rental income with a second floor large 3 bedroom unit that has been completely gut rehabbed and is very easy to rent.

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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 Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-07-31T14:53:51.217 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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7403 W Madison Street Forest Park, IL 60130

  • Price: $990,000
  • Status: Active Under Contract
  • Updated: 30 min ago
  • MLS #: 10979174
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1903
Built
Neighborhood:
Forest Park
County:
Cook
Area:
Forest Park
Property Description
Calling all investors and/or Restauranteurs seeking a turn key restaurant with additional rental income in place!! This is the opportunity to acquire a fully built out restaurant with bar, abundance of seating, and full, brand new kitchen. While everything is new, the space still has its original vintage charm with high tin ceilings, exposed brick and hardwood floors. The building provides additional rental income with a second floor large 3 bedroom unit that has been completely gut rehabbed and is very easy to rent.
Exterior Features

Location Central Business District Outdoor Parking 1-5 Spaces Parking Total 4

Interior Features

Cooling Central Air Electric Circuit Breakers Fire Protection Other Heat Ventilation Forced AirGasHot Water Number Of Apts 1 Number Of Dryers 1 Number Of Offices 0 Number Of Ranges 1 Number Of Stores 1 Number Of Washers 1

Property Features

Additional Parcels YN No Built Before1978 YN Yes Electric Expense 0 Fuel Expense 0 Geographic Locale East/West CorridorChicago West Gross Income 30000 Gross Scheduled Income 30000 Insurance Expense 3600 Lot Size Dimensions 3125 Other Expense 0 Tax Annual Amount 10733 Tax Year 2019 Tenant Pays Varies By Tenant Total Monthly Income 2500 Trash Expense 300 Unincorporated YN No Water Sewer Expense 1600 Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Commercial.


© 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 Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-07-31T14:53:51.217 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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Schoon Family Group with Keller Williams Elite
4544 W 103rd St, Third Floor
Oak Lawn IL, 60453