5,300 sq ft
Commercial: Mixed Use - MLS# 12504915
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Description
3425 West Fullerton is a three story mixed use building located in Chicago's well known Logan Square neighborhood. The offering included the real estate which is comprised of three units. One commercial unit and two residential units. The offering does include the tavern concept located on the ground floor of the property. The business has operated as The Burlington for over eighteen years as a neighborhood tavern concept. The offering does include the entity that holds the tavern license. The top two floors are comprised of two residential units. Both units are three bedroom one bath units that are currently occupied. Monthly rent for the residential units is 1,700 per month for the second floor and 1,900 per month for the third floor. This is a great opportunity for a hands on tavern operator to obtain an well know concept with the underlying real estate. This is an operating location. If you and or your client elect to visit during operating hours, we ask that you please not discuss with staff or customers.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60647
- Year Built: 1918
- Sq.Ft.: 5,300 sq ft
- Stories: 3
- Units: 3 units
- Zoning: MULTI
- # Of Apts: 2
- # Of Stores: 1
- # Of Tenants: 3
- Approximate Age: Older
- Building Area Total: 5300
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Cooling: Central Individual
- Directions: The subject property is located on the Southside of Fullerton Avenue between Central Park Avenue and Kimball Avenue.
- Electric: Circuit Breakers, Separate Meters
- Fire Protection: Fire Extinguisher/s
- Geographic Locale: Chicago North
- Gross Income: 43200
- Gross Scheduled Income: 43200
- Heat/Ventilation: Central Heat/Indiv Controls
- Information: List Broker Must Accompany, 48-Hr Notice Required
- Lot Size Square Feet: 2956
- Main Type: Commercial Sale
- Property Sub Type: Mixed Use
- Retail SqFt: 2900
- Tax Annual Amount: 6245.2
- Tax Year: 2023
- Total Monthly Income: 3600
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