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$ 298,000
Est. payment /mo
Price Dropped by $50K
7753 S Ashland AVE Chicago, IL 60620
3,175 SqFt
UPDATED:
12/21/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,175 sqft
Price per Sqft $93
MLS Listing ID 12205369
Year Built 1927
Annual Tax Amount $1,764
Tax Year 2023
Lot Dimensions 25X125
Property Description
Incredible opportunity for aspiring restaurateurs and investors! With a fully functional restaurant space of 1600 square feet, complete with top-of-the-line equipment (owner is open to negotiating sale of equipment). The added features, such as the basement with a security center and office, enhance its functionality. Entire building was a gut rehab in 2020. The 2nd-floor apartment, also 1600 square feet, offers a perfect living space with three bedrooms and two bathrooms, not to mention the large back deck-ideal for relaxation or entertaining. The 2-car garage and crawl space add extra storage convenience. The current rental income of $1500/month until the end of 2024 presents a steady cash flow while you explore the restaurant business. With a motivated seller and a competitive price, this property is certainly a must-see for those looking to create their dream restaurant while enjoying the benefits of living above it. Don't let this opportunity slip away! Come see today!!
Location
State IL
County Cook
Area Chi - Auburn Gresham
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mary Ellen Daly Garcia • Hudson Burnham Real Estate