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    3938 Central Avenue

    Chicago, IL 60634
    • $500,000
    • STATUS: Active
    • ON SITE: 375 days
    • MLS #: 10512982
    UPDATED: 64 min ago
    $500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,712
      SQFT
    • $184
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Charming and cozy restaurant with 2 bed 1 bath apartment for sale in Portage Park. Apartment currently rented to friend for $850, but is below market. Owner estimates inside seats 50+ people and the outside seats another 50+ people. Large bar w/4 pub tables, private dining area as well. Previously Cochinita & The Portage. Great for an owner-operator. Incidental liquor license thru 10/15/19, serve till 2 AM all days 3 AM on Saturday, owner willing to renew with a contract. Full rehab including electric, plumbing, mechanicals and kitchen equipment. 2 bed 1 bath apartment on 2nd fl for added income. Turnkey uses; pub, wine bar & restaurant. Virtual tour and floorplans in the listing. Business only also for sale for $50K. Brilliant opportunity, jump on this!

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    © 2020 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 MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2020-09-20T12:52:14.293 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

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    3938 Central Avenue Chicago, IL 60634

    • Price: $500,000
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 10512982
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,712
    SQFT
    $184
    $/SQFT
    1950
    Built
    Neighborhood:
    Chi - Portage Park
    County:
    Cook
    Area:
    Chi - Portage Park
    Property Description
    Charming and cozy restaurant with 2 bed 1 bath apartment for sale in Portage Park. Apartment currently rented to friend for $850, but is below market. Owner estimates inside seats 50+ people and the outside seats another 50+ people. Large bar w/4 pub tables, private dining area as well. Previously Cochinita & The Portage. Great for an owner-operator. Incidental liquor license thru 10/15/19, serve till 2 AM all days 3 AM on Saturday, owner willing to renew with a contract. Full rehab including electric, plumbing, mechanicals and kitchen equipment. 2 bed 1 bath apartment on 2nd fl for added income. Turnkey uses; pub, wine bar & restaurant. Virtual tour and floorplans in the listing. Business only also for sale for $50K. Brilliant opportunity, jump on this!
    Exterior Features

    Construction Brick Frontage Access City Street Location Mixed Use AreaPublic Transport Avail Lot Dimensions 27.6 X 126 Lot Sq Ft 3477 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central AirZoned Fire Protection Ansul System Number Of Apts 1 Number Of Offices 0 Number Of Stores 1 Number Of Stories 2

    Property Features

    Age 7-15 Years Built Before1978 YN Yes Current Use Commercial Electrical Service 101-200 Amps3 Phase Electricity Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago Northwest Gross Rental Income Amount 46200 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Insurance Expense 0 Known Encumbrances None Known Miscellaneous Outside Patio Monthly Rental Price 0 Net Operating Income Year 2017 Number Of Tenants 1 Other Expenses 0 Possession Closing Potential Use CommercialResidential-Multi-FamilyRetail Rental Price 0 Tax Year 2018 Taxes 5377 Tenant Pays Varies By Tenant Total Annual Income 46200 Total Monthly Income 3850 Water Expense 0 Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2020 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 MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2020-09-20T12:52:14.293 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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.

    Digital Millennium Copyright Act
     
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