449 W North Avenue Chicago, IL ^$ 100,000

449 W North Avenue

^$ 100,000

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449 W North Avenue

Chicago, IL, 60610

^$ 100,000

Studio Baths0.0 Sq 1,600

Monthly Estimate*

^$ 699

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Studio

Commercial Property for sale in Chicago, IL

for $100,000. This 1,600 square foot building was built on a lot size of 0.048669.

Old Town Storefront For Lease. Ideal for Restaurant but could be converted for other uses. Includes ansul system with hood and industrial gas lines. Excellent Demographics with tremendous foot traffic near Goose Island, River North and Old Town. Owner had a very successful restaurant for many years. Current layout has 800 sf dining area and 800 sf kitchen area and 2 full restrooms. Full 16oo sf basement for storage which makes a total useable area of 3200 sf but lease based on 1600 sf making it a significant value. Exterior gated parking pad for one car included.

Commercial Active

Price

^$ 100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 18,044

Style

Restaurant

Lot Size

0.048669

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11855998

Features

General

Cooling Central Air

Possession Closing

Zoning RTAIL

Construction Materials Brick Concrete

Electric Service - 101 to 200 Amps

Tenant Pays Air Conditioning Electricity Heat Insurance Repairs Scavenger Sewer

Stories 1

Tax Year 2021

Current Use Commercial

Business Type Restaurant

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status Active

Directions From North/Wells West on North Ave to 449

City Chicago

MLS Area CHI - Near North Side

Lot Size Square Feet 2120

Street Name North

Tax Annual Amount 18044

Additional Parcels Y/N N

Days on Market 12

Lease Type Modified Gross

Standard Status Active

Exterior

Building Area Total 1600

Lot Dimensions 25 X 85

Frontage Type City Street

Interior

Street Suffix Avenue

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

Mumenalrifaee20@gmail.com

Affordability Calculator

$2,202

Per Month

Monthly Principal & Interest: $699
Monthly Property Taxes: $1,504
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$834,057

Percent of Sale Price 734%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/10/2023	$100,000		Listed Price

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449 W North Avenue, Chicago, IL, 60610 is a Commercial Property for sale at $100,000 with 1,600 sqft and a lot size of 0.048669. 449 W North Avenue is a studio with 0.0 baths. The property's zip code is 60610 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/29/2024.

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449 W North Avenue

Commercial Property for sale in Chicago, IL

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