112 Park Avenue

    Elmhurst, IL 60126
    • $290,000
    • STATUS: Active
    • ON SITE: 406 days
    • MLS #: 09622169
    UPDATED: 183 min ago
    $290,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,980
      SQFT
    • $58
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Very successful restaurant / bar in the heart of Elmhurst's commercial district. Fully finished and well laid out open floor plan. Two store fronts. Great for private parties and meetings. Spacious bar and lounge area. All restaurant and bar equipment stays. Back office. Four TV's. Basement for extra storage. Chef's kitchen. has a nice patio in back. High traffic area. Business only for sale. Approximately 7 years remaining on lease well below market rent in the area for retail. Street parking and city parking garage one block away. Directly across from the Metra station. Please do not disturb employees or management. Lease, Financials and Offering Memordandum available with non-disclosure agreement. Now is your chance to own a great established restaurant / bar in the center of a high-income destination location along the Metra line.

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Residential Brokerage. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-06-20T23:52:55.447.

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    www.schwabegroup.com/homes/72464847

    112 Park Avenue Elmhurst, IL 60126

    • Price: $290,000
    • Status: Active
    • Updated: 183 min ago
    • MLS #: 09622169
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,980
    SQFT
    $58
    $/SQFT
    Neighborhood:
    Elmhurst
    County:
    DuPage
    Area:
    Elmhurst
    Property Description
    Very successful restaurant / bar in the heart of Elmhurst's commercial district. Fully finished and well laid out open floor plan. Two store fronts. Great for private parties and meetings. Spacious bar and lounge area. All restaurant and bar equipment stays. Back office. Four TV's. Basement for extra storage. Chef's kitchen. has a nice patio in back. High traffic area. Business only for sale. Approximately 7 years remaining on lease well below market rent in the area for retail. Street parking and city parking garage one block away. Directly across from the Metra station. Please do not disturb employees or management. Lease, Financials and Offering Memordandum available with non-disclosure agreement. Now is your chance to own a great established restaurant / bar in the center of a high-income destination location along the Metra line.
    Exterior Features

    Approx Land Sq Footage 4980 Construction Brick Frontage Access City Street Location Central Business DistrictMixed Use AreaPublic Transport Avail Lot Dimensions 0X0 Lot Sq Ft 4980 Number Of Parking Spaces 0 Roof Coverings Membrane Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Storage Inside Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 999 Ann Rnt Expense Source Actual Annual Rent For Real Estate 999 Business Age 7-10 Years Business Name Flight 112 Business Type Bar/Lounge/Nite ClubRestaurant Corporate Limits Elmhurst Cost Of Goods Expense Source Actual Cost Of Goods Sold 999 Cost Of Goods Year 2016 Current Use Commercial Food Beverage Type RestaurantCarry-OutFine Dining Gross Payroll 999 Gross Payroll Expense Source Actual Gross Payroll Year 2016 Gross Profit 999 Gross Profit Expense Source Actual Gross Profit Year 2016 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2016 Gross Sales Annual 999 Heat Ventilation Forced Air Inventory 999 Inventory Expense Source Actual Inventory Year 2016 Known Encumbrances None Known Living Quarters None Miscellaneous Outside PatioTenant Signage Net Operating Income Year 2016 Net Profit 999 Net Profit Source Actual Possession Closing Potential Use Commercial Property Offered For Sale Only Real Estate Included YN No Rental Price 9.1 Sale Terms ConventionalCash Only Seating Capacity 100+ Tax Year 2015 Taxes 999 Tenant Pays Varies By Tenant Total Op Exp Year 2016 Total Op Expense Source Actual Total Operating Expenses 999 Type Of Lease None Type Ownership Business Individual Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Catalano & Associates.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Residential Brokerage. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-06-20T23:52:55.447.

    Digital Millennium Copyright Act
     
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    Arlington Heights IL, 60004