725 Chicago Street

    Elgin, IL 60123
    • $405,000
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 09874031
    UPDATED: 227 min ago
    $405,000
    • 0
      BEDS
    • .25-.49 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,296
      SQFT
    • $313
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Profitable, High Traffic area. Free Standing Grocery Store. This unit has a full inventory of groceries and sundries. It also includes a owned A T M machine. Lottery tickets are available and they have a liquor licence. It includes a 7 ft. freezer, a 24 ft. walk in cooler with 6 other coolers.. There is a fenced side yard with parking for up to 12 cars. There is enough room for a drive through.This unit is in good condition. A neighborhood business that turns a good income.

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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/81286342

    725 Chicago Street Elgin, IL 60123

    • Price: $405,000
    • Status: Active
    • Updated: 227 min ago
    • MLS #: 09874031
    0
    Beds
    0
    Baths
    0
    ½ Baths
    .25-.49 Acre
    Acres
    1,296
    SQFT
    $313
    $/SQFT
    Neighborhood:
    Elgin
    County:
    Kane
    Area:
    Elgin
    Property Description
    Profitable, High Traffic area. Free Standing Grocery Store. This unit has a full inventory of groceries and sundries. It also includes a owned A T M machine. Lottery tickets are available and they have a liquor licence. It includes a 7 ft. freezer, a 24 ft. walk in cooler with 6 other coolers.. There is a fenced side yard with parking for up to 12 cars. There is enough room for a drive through.This unit is in good condition. A neighborhood business that turns a good income.
    Exterior Features

    Approx Land Sq Footage 1296 Construction Concrete Frontage Access City Street Land Amenities Other Location CornerPublic Transport AvailFree Standing/Urban Lot Dimensions 101X101 Lot Sq Ft 10262 Number Of Parking Spaces 12 Roof Coverings Membrane Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 100000 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 0 Business Age 7-10 Years Business Type Grocery/Mini-Mart Corporate Limits Elgin Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 20000 Cost Of Goods Year 2017 Current Use Commercial Electrical Service Separate Meters Food Beverage Type Other Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 100000 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 120000 Heat Ventilation Forced Air Inventory 15000 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Living Quarters None Net Operating Income Year 2017 Net Profit 100000 Net Profit Source Owner Projection Possession Closing Potential Use Liquor LicenseRetailOther Property Offered For Sale Only Proprietary Info Other Real Estate Included YN Yes Sale Terms ConventionalCash OnlyOther Seating Capacity None Tax Year 2016 Taxes 3749 Tenant Pays Other Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 25000 Type Of Lease None Type Ownership Business Individual Unincorporated YN No Utilities To Site Electric To Site Zoning Type Rtail

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Starck Real Estate.


    © 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
     
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    Arlington Heights IL, 60004