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3968 N Elston Avenue

Chicago, IL 60618
  • $30,000
  • STATUS: Active
  • ON SITE: 192 Days
  • MLS #: 11286738
UPDATED: 31 min ago
$30,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

ACO Commercial is pleased to offer, for sale, for the first time in 75 years, the former "Guy Lon" Chinese restaurant, a neighborhood fixture, for nearly seven decades. The restaurant operations paused during the pandemic; however, all licensing and fixtures remain intact, in the event a new operator would like to re-open. The restaurant and building ownership are the same, and the sale is in conjunction with the owner retirement. The building configuration is unique having frontage on both Elston and Monticello Avenues, with 3,950 SF of rentable area, and a full basement. The property is individually metered for electric and master-metered for water and gas with central boiler and hot water systems. The former restaurant business is also being offered in conjunction with the real estate. The real estate consists of the retail unit and three residential units. The asking price is $595,000. The business and the real estate are being sold As-Is, Where-Is. Please contact Linda Hattar to arrange a property tour.

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© 2022 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 Schwabe Group | Compass. Based on information submitted to the MRED as of 2022-06-25T18:59:18.723 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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3968 N Elston Avenue Chicago, IL 60618

  • Price: $30,000
  • Status: Active
  • On Site: 192 Days
  • Updated: 31 min ago
  • MLS #: 11286738
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - Irving Park
County:
Cook
Area:
Chi - Irving Park
Property Description
ACO Commercial is pleased to offer, for sale, for the first time in 75 years, the former "Guy Lon" Chinese restaurant, a neighborhood fixture, for nearly seven decades. The restaurant operations paused during the pandemic; however, all licensing and fixtures remain intact, in the event a new operator would like to re-open. The restaurant and building ownership are the same, and the sale is in conjunction with the owner retirement. The building configuration is unique having frontage on both Elston and Monticello Avenues, with 3,950 SF of rentable area, and a full basement. The property is individually metered for electric and master-metered for water and gas with central boiler and hot water systems. The former restaurant business is also being offered in conjunction with the real estate. The real estate consists of the retail unit and three residential units. The asking price is $595,000. The business and the real estate are being sold As-Is, Where-Is. Please contact Linda Hattar to arrange a property tour.
Exterior Features

Parking Total 0

Interior Features

Cooling Central Air Heat Ventilation Radiators

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2020 Annual Rent For Real Estate 0 Building Area Total 3950 Business Age 11+ Years Business Type Food & BeverageRestaurant Corporate Limits Chicago Gross Profit Year 2020 Gross Sales Annual 0 Gross Sales Annual Year 2020 Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included No Sale Price Includes Business Tax Annual Amount 6502 Tax Year 2020 Tenant Pays Air ConditioningElectricityHeat Type Bus / Bus W/Real Est Type Of Lease None

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Aco Commercial.


© 2022 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 Schwabe Group | Compass. Based on information submitted to the MRED as of 2022-06-25T18:59:18.723 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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The Schwabe Group | Compass
11 South Evergreen Avenue
Arlington Heights IL, 60005