$499,900
7259 W Irving Park Road
Chicago, IL, 60634
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.
Property Details
Price:
$499,900
MLS #:
MRD12292141
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
CHI – Dunning
Listed Date:
Feb 17, 2025
Total Sq Ft:
3,000
Schools
Interior
Cooling
Exhaust Fan, Window Unit(s)
Exterior
Construction Materials
Brick, Concrete
Roof
Rubber
Financial
Tax Year
2023
Taxes
$16,341
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Community
- Address7259 W Irving Park Road Chicago IL
- CityChicago
- CountyCook
- Zip Code60634
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Property Summary
- 7259 W Irving Park Road Chicago IL is a Business for sale in Chicago, IL, 60634. It is listed for $499,900 To schedule a showing of MLS#mrd12292141 at 7259 W Irving Park Road in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
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7259 W Irving Park Road
Chicago, IL
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