For Sale
For Sale
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Overview
Norwood Park Business with Real Estate OR Business-Only with 10 Year NNN Lease with Two 5 Year Options. One of a Kind Licensed, Roof-Top Patio on Milwaukee Ave. in Norwood Park. The Roof-Top Patio has a Retractable Awning with Retractable Side Curtains for Year Round Use. Real Estate Only Appraised for $805,000...dated 10-31-2019. Consistent Yearly Cash Flow Above 225 K Per Year. The Sale of the Business' Corporate Entity Will Allow for All Licenses (Incidental Liquor, Retail Food, Roof-Top Patio) to be "Grandfathered". All FF&E Including 12 Tap Handles with Glycol Refrigeration System. Internal & External Occupancy = 187 Total: (99 First Floor; 38 Second Floor; 50 Roof-Top Patio). Business / Building Square Footage = 4,023 SF: 2,300 SF 1st Floor; 795 SF 2nd Floor; 928 SF Roof-Top Patio. Land Square Footage = 2,600 SF (25 FT X 104 FT). 2019 RE Taxes: $6,178.26. Zoning: B3-1. Proof of Funds Required Prior to Showing. DO NOT DISTURB EMPLOYEES
Property Details
6154 N Milwaukee Ave dba The Garage | Business Only
Norwood Park Business with Real Estate OR Business-Only with 10 Year NNN Lease with Two 5 Year Options. One of a Kind Licensed, Roof-Top Patio on Milwaukee Ave. in Norwood Park. The Roof-Top Patio has a Retractable Awning with Retractable Side Curtains for Year Round Use. Real Estate Only Appraised for $805,000...dated 10-31-2019. Consistent Yearly Cash Flow Above 225 K Per Year. The Sale of the Business' Corporate Entity Will Allow for All Licenses (Incidental Liquor, Retail Food, Roof-Top Patio) to be "Grandfathered". All FF&E Including 12 Tap Handles with Glycol Refrigeration System. Internal & External Occupancy = 187 Total: (99 First Floor; 38 Second Floor; 50 Roof-Top Patio). Business / Building Square Footage = 4,023 SF: 2,300 SF 1st Floor; 795 SF 2nd Floor; 928 SF Roof-Top Patio. Land Square Footage = 2,600 SF (25 FT X 104 FT). 2019 RE Taxes: $6,178.26. Zoning: B3-1. Proof of Funds Required Prior to Showing. DO NOT DISTURB EMPLOYEES
- Property TypeRetail
- Submarket
- Sale Price$425,000
- Total Building Size4,023RSF
- Sale StatusAvailable
- Property ID2096178