Gary Williams
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
1750 SF second generation restaurant, located on Addison, just West of Harlem. Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant. Front space features a recently renovated build out, large front windows, customer seating (2 tables/8 seats), small bar counter (4 seats) and retail area. Side room features more large front windows, a large dining area with 6 two tops (12 seats) and 6 four tops (24 seats) and ADA bathroom. Existing kitchen includes a 12ft hood with black iron, ansil system, three compartment sink, grease trap, mop sink, walk in cooler + freezer and employee bathroom in the rear. Built in audio in the dining area (six speakers); No basement; Security system throughout (16 Cameras); brand new window guards on all the windows and entry points; 200 AMP electrical; brand new hot water tank and fire suppression system; Licenses include Retail Food; potential to add additional patio seating outside; 1.5 Miles to the Elmwood Park Metra Train Station, plus easy access to the Expressway, and multiple bus stops. Area tenants include: Jumpstart Early Learning Academy, Mama Luna's Pizza, Lara's Barber Lounge, General Dentistry & Orthodontics, Dunning Pour House, much more!
Property Highlights
Property Type: Commercial - Investment
Building Description: 1.0 stories
General Information
County: Cook
Listed By:
@properties Commercial
312-337-0200
MRED MLS
MLS ID: 12682236
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7534 W Addison Street , Chicago, IL 60634.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $89,000 | $89,000 | $89,000 |
| Down Payment | $17,800 | $3,115 | $22,250 |
| Monthly Mortgage Amount | $433 | $538 | $550 |
| Taxes | $124 | $124 | $124 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $39 | $0 |
| Monthly Estimated Total | $657 | $801 | $774 |
Gary Williams
REALTOR®
Cell: (309) 743-8040
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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