346 Armitage Avenue

    Chicago, IL 60614
    • $190,000
    • STATUS: Active
    • ON SITE: 84 days
    • MLS #: 10293310
    UPDATED: 56 min ago
    $190,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,054
      SQFT
    • $180
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Quaint, fully equipped, restaurant for sale in hot Lincoln Park! Currently running as a sushi restaurant, in business for over 12 years with loyal customer base. Heavy foot traffic right next to Park West Theater. Occupancy of 45 people plus another 10 on outdoor patio. Ample street parking.

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    © 2019 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 The Perotti Group | Compass Real Estate. Based on information submitted to the MRED as of 2019-05-24T08:51:59.47 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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    www.theperottigroup.com/homes/92230477

    346 Armitage Avenue Chicago, IL 60614

    • Price: $190,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 10293310
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,054
    SQFT
    $180
    $/SQFT
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    Property Description
    Quaint, fully equipped, restaurant for sale in hot Lincoln Park! Currently running as a sushi restaurant, in business for over 12 years with loyal customer base. Heavy foot traffic right next to Park West Theater. Occupancy of 45 people plus another 10 on outdoor patio. Ample street parking.
    Exterior Features

    Approx Land Sq Footage 1054 Lot Dimensions 25X125 Lot Sq Ft 3125 Number Of Parking Spaces 1

    Interior Features

    Air Conditioning Central Air Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 100000 Ann Rnt Expense Source Actual Annual Rent For Real Estate 40800 Business Age 11+ Years Business Type Restaurant Corporate Limits Chicago Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 190000 Cost Of Goods Year 2018 Food Beverage Type RestaurantEthnic Gross Payroll 32000 Gross Payroll Expense Source Broker Projection Gross Payroll Year 2018 Gross Profit 190000 Gross Profit Expense Source Broker Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2018 Gross Sales Annual 650000 Heat Ventilation Forced Air Inventory 0 Inventory Expense Source Broker Projection Inventory Year 2018 Known Encumbrances None Known Net Operating Income Year 2018 Net Profit 150000 Net Profit Source Broker Projection Possession Closing Property Offered For Sale Only Real Estate Included YN No Seating Capacity 41-50 Tax Year 2017 Taxes 0 Tenant Pays Air ConditioningElectricHeat Total Op Exp Year 2018 Total Op Expense Source Broker Projection Total Operating Expenses 310000 Type Of Lease Gross Lease

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Main Street Real Estate Group.


    © 2019 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 The Perotti Group | Compass Real Estate. Based on information submitted to the MRED as of 2019-05-24T08:51:59.47 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
     
    The Perotti Group | Compass Real Estate
    1643 N Milwaukee
    Chicago IL, 60647