• 6154 N Milwaukee Ave, Chicago, IL 60646

For Sale

Retail

For Sale

This property is available for sale
4,023
SF
$425,000
Sale Price
  • 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

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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 Type
    Retail
  • Submarket
  • Sale Price
    $425,000
  • Total Building Size
    4,023RSF
  • Sale Status
    Available
  • Property ID
    2096178

Landlord's Sales Representative

  • Mike Costanzo
    Jameson Commercial Real Estate