Commercial: MLS #12047366 Melrose Park, IL ^$ 950,000

Commercial: MLS #12047366

^$ 950,000

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Commercial: MLS #12047366

Melrose Park, IL, 60160

^$ 950,000

Studio Baths0.0 Sq 8,000

Monthly Estimate*

^$ 6,314

Studio

Commercial Property for sale in Melrose Park, IL

for $950,000. This 8,000 square foot building was built on a lot size of 0.229568.

Great opportunity to continue a well establish Restaurant and Bar grill business, very good location with well stable clientele please call agent for any question. please do not hesitate to call

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 37,800

Style

Bar/Tavern/Lounge,Food & Beverage,Restaurant,Retai

Lot Size

0.229568

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

12047366

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Water to Site

Possession Closing

Roof Fiberglass

Zoning COMMR

Construction Materials Brick Wood Frame Other

Tenant Pays Electricity

Stories 2

Tax Year 2022

Current Use Commercial

Business Type Bar/Tavern/Lounge Food & Beverage Restaurant Retail

Business Name CONFIDENTIAL

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Liquor License Other

Status Active

Directions Lake to 19th Ave turn north to Rice turn west to property

City Melrose Park

MLS Area Melrose Park

Lot Size Square Feet 10000

Waterfront Y/N N

Street Name Rice

Tax Annual Amount 37800

Additional Parcels Y/N N

Days on Market 5

Standard Status Active

Exterior

Building Area Total 8000

Lot Dimensions 125 X 80

Frontage Type City Street

Interior

Street Suffix Street

* Excluded Features

List By

Innova R.E., P.C.

Broker

jovanyj@aol.com

Affordability Calculator

$9,464

Per Month

Monthly Principal & Interest: $6,314
Monthly Property Taxes: $3,150
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 Melrose Park, IL

Average List Price ^$634,600

Percent of Sale Price 33%

About Melrose Park, IL

24,829 Population

8% Since 2002

^$47,292 Median Income

33.6 Median Age

42% 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
5/4/2024	$950,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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Data is updated as of 5/28/2024.

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Commercial: MLS #12047366

Commercial Property for sale in Melrose Park, IL

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