7753 S Ashland AVE Active

Chicago,IL 60620

$ 298000

- Bed

0 Bath

3175 SqFt


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

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