67 Cermak Road

    Chicago, IL 60616
    • $69,900
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: 09941045
    UPDATED: 228 min ago
    $69,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,850
      SQFT
    • $38
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    BUSINESS ONLY. NO REAL ESTATE FOR SALE. Motor Row District, South Loop, McCormick Place, Wintrust Arena, El stop, Marriott Marquis, Hyatt McCormick Place, new Hilton hotel all within 2 blocks of this location. Close proximity to Soldier Field. Current lease goes for almost 4 more years plus 2 more 5 year options. Current concept is BBQ smokehouse with whiskey bar. Newly renovated. Good signage. Good visibility from street. High traffic count. No equipment is leased, all owned free and clear. Breadcrumb POS system, BBQ pit, smoker, 2 deep fryers, charcoal grill, flat top grill, 3 door refrigerator, 2 door freezer, steam table, cold prep table, newer oven/range, etc. This area is seeing an influx of tourism due to the new Wintrust Arena, McCormick Place, the new el stop, and the new hotels within 1 block of this location. Price includes purchase of stock, liquor license, FF&E, security deposit, lease assumption. Do not disturb employees. Broker owned. Contact broker for more information

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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: 2018-06-17T23:51:26.22.

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    www.schwabegroup.com/homes/83297258

    67 Cermak Road Chicago, IL 60616

    • Price: $69,900
    • Status: Active
    • Updated: 228 min ago
    • MLS #: 09941045
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,850
    SQFT
    $38
    $/SQFT
    Neighborhood:
    Chi - Near South Side
    County:
    Cook
    Area:
    Chi - Near South Side
    Property Description
    BUSINESS ONLY. NO REAL ESTATE FOR SALE. Motor Row District, South Loop, McCormick Place, Wintrust Arena, El stop, Marriott Marquis, Hyatt McCormick Place, new Hilton hotel all within 2 blocks of this location. Close proximity to Soldier Field. Current lease goes for almost 4 more years plus 2 more 5 year options. Current concept is BBQ smokehouse with whiskey bar. Newly renovated. Good signage. Good visibility from street. High traffic count. No equipment is leased, all owned free and clear. Breadcrumb POS system, BBQ pit, smoker, 2 deep fryers, charcoal grill, flat top grill, 3 door refrigerator, 2 door freezer, steam table, cold prep table, newer oven/range, etc. This area is seeing an influx of tourism due to the new Wintrust Arena, McCormick Place, the new el stop, and the new hotels within 1 block of this location. Price includes purchase of stock, liquor license, FF&E, security deposit, lease assumption. Do not disturb employees. Broker owned. Contact broker for more information
    Exterior Features

    Approx Land Sq Footage 1850 Construction BrickConcrete Block Frontage Access City Street Location Central Business District Lot Dimensions 53X35 Lot Sq Ft 1850 Number Of Parking Spaces 0 Roof Coverings Membrane

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 56000 Business Age 1-3 Years Business Type Food And BeverageRestaurant Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 0 Cost Of Goods Year 2017 Current Use Commercial Food Beverage Type Restaurant Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 0 Gross Profit Expense Source Owner Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2017 Gross Sales Annual 0 Heat Ventilation Forced Air Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Net Operating Income Year 2017 Net Profit 0 Net Profit Source Owner Projection Possession Closing Potential Use Liquor LicenseRetail Property Offered For Sale Only Real Estate Included YN No Seating Capacity 51-75 Tax Year 2016 Taxes 0 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/SewerCooking Gas Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease Lease Assignable Type Ownership Business Limited Partnership Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of John P Mauro.


    © 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: 2018-06-17T23:51:26.22.

    Digital Millennium Copyright Act
     
    Coldwell Banker Residential Brokerage
    792 E Rand Road
    Arlington Heights IL, 60004