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About the Listing 87291 - 153079,103409
Business is NOT included in the offering. Current tenant has a lease through December 31, 2030 with a FIVE year option. Strictly property investment only unless purchaser can negotiate with the tenant to end lease. Seller will NOT entertain any offers subject to possession nor negotiating with tenant. PLEASE DO NOT DISTURB TENANT AT ALL. Any personal/business property is not included with the sale. Current rent is $5600 with gradual increases to $5800 in 2030. and increases during option period. Currently $67,200 gross rent less taxes and insurance approximately $48,000. net income or 9.6% return cash on cash. Owner claims tenant is solid and has not been delinquent on rent payments. Future development right across the street from Harlem/Iring shopping plaza. Again - PLEASE DO NOT DISTURB TENANT. Drive by showing only at this time. Survey in additional info. Any questions regarding this listing please contact Norbert Mika - Text or email preferred.
Listing Highlights for 7259 W Irving Park Rd
Status
Active
Days on Site
211
Property Type
Business Opportunity
MLS ®
12292141
Year Built
Total Square Footage
3,000
Lot/Acreage
0.24
County
Cook
Area
CHI - Dunning
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Exhaust Fan,Window Unit(s)
- Heating: Ceiling Units,Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 83X125X62X25X112
- Zoning: COMMR
- Roof: Rubber
- Others:
- Sewer:
- Parking Features: 13-18 Spaces,1-5 Spaces
Financial Details
- Tax Amount: $16,341
- Taxes w/Assessments: N/A
- Tax/Property ID: 12242070010000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
7259 W Irving Park Rd Chicago, IL 60634
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