Commercial: Mixed Use - MLS# 12430957
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Description
Exceptional Mixed-Use Property with Established Restaurant & Apartments for Sale. Prime Opportunity on Busy Taylor Street near University and Hospitals. Discover an outstanding investment and business opportunity with this mixed-use property, ideally located on bustling Taylor Street just steps from major university and hospitals. Fully Occupied Residential Apartments Upstairs. The upper level features two well-maintained 3-bedroom apartments, both fully occupied and generating steady rental income. Each apartment offers comfortable living spaces, making this property a smart choice for investors seeking consistent returns alongside a vibrant business. Turnkey Restaurant-A Proven Success Story. For 25 years, the lower level of this building has been home to a thriving, prime restaurant, renowned for its loyal clientele and exceptional location. The sale includes all restaurant furnishings and fixtures, a fully equipped commercial kitchen, and a spacious dining area-providing an aspiring restaurateur with a true turnkey operation. Whether you dream of owning your own celebrated eatery or wish to expand your portfolio, this restaurant is ready for your vision from day one. This property is available either as a combined package-restaurant and building-or as separate entities, giving buyers the flexibility to tailor their investment to their goals. Contact us today for a private showing or more information. Your next great opportunity awaits! Listing price is only for building, restaurant price call for information.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active Under Contract
- County/Area: Cook County
- Zip Code: 60607
- Year Built: 1886
- Stories: 3
- Units: 3 units
- # Of Apts: 2
- # Of Stores: 1
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Cooling: Central Air
- Directions: East of Ashland, West of Loomis, North of Roosevelt Rd.
- Electric: Circuit Breakers
- Electric Expense: 1100
- Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
- Fuel Expense: 900
- Geographic Locale: Chicago Southwest
- Gross Income: 10000
- Gross Scheduled Income: 120000
- Heat/Ventilation: Central Heat/Indiv Controls
- Information: Other-See Remarks
- Insurance Expense: 375
- Lot Size Square Feet: 2625
- Main Type: Commercial Sale
- Property Sub Type: Mixed Use
- Tax Annual Amount: 13761
- Tax Year: 2023
- Total Monthly Income: 10000
- Water Sewer Expense: 186
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