1400 Michigan Avenue

    Chicago, IL 60605
    • $550,000
    • STATUS: Active
    • ON SITE: 234 days
    • MLS #: 10063313
    UPDATED: 40 min ago
    $550,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 777,735
      SQFT
    • $1
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Established Turn Key Restaurant on Michigan Ave with all FF&E Included. 2,738 SF ground floor situated in a high end 777,735 SF Residential Hi-Rise tower. Space features a large sit down bar, two dining areas, business conference area, two large restrooms, fully equipped kitchen for any food concept and a wide outdoor sidewalk cafe on Busy Michigan Ave. Prime retail space with excellent frontage and exposure in close proximity to some of the best complimenting restaurants and retailers in Chicago. DO NOT DISTURB EMPLOYEES

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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 the MLS or Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate. 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 Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate 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 broker. 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. Data last updated: 2019-04-18T19:52:25.26.

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    www.markbowershomes.com/homes/86907044

    1400 Michigan Avenue Chicago, IL 60605

    • Price: $550,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 10063313
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    777,735
    SQFT
    $1
    $/SQFT
    Neighborhood:
    Chi - Near South Side
    County:
    Cook
    Area:
    Chi - Near South Side
    Property Description
    Established Turn Key Restaurant on Michigan Ave with all FF&E Included. 2,738 SF ground floor situated in a high end 777,735 SF Residential Hi-Rise tower. Space features a large sit down bar, two dining areas, business conference area, two large restrooms, fully equipped kitchen for any food concept and a wide outdoor sidewalk cafe on Busy Michigan Ave. Prime retail space with excellent frontage and exposure in close proximity to some of the best complimenting restaurants and retailers in Chicago. DO NOT DISTURB EMPLOYEES
    Exterior Features

    Approx Land Sq Footage 2738 Lot Dimensions 0 Lot Sq Ft 0 Number Of Parking Spaces 0 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Number Of Stories 17

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 0 Ann Rnt Expense Source Actual Annual Rent For Real Estate 96660 Business Age 7-10 Years Business Type Restaurant Corporate Limits Chicago Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 0 Cost Of Goods Year 2017 Estimated Cam SF 0 Gross Payroll 0 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2017 Gross Profit 0 Gross Profit Expense Source Combination Gross Profit Year 2017 Gross Sales Ann Expense Source Combination Gross Sales Ann Year 2017 Gross Sales Annual 1200000 Heat Ventilation Forced AirGas Inventory 0 Inventory Expense Source Owner Projection Inventory Year 2017 Known Encumbrances None Known Lease Expires 2025-11-30T06:00:00 Lease Type Net Miscellaneous Outside Patio Net Operating Income Year 2017 Net Profit 0 Net Profit Source Owner Projection Possession Closing Property Offered For Sale Or Rent Real Estate Included YN No Rental Price 35.3 Tax Year 2017 Taxes 0 Tenant Pays Common Area MaintenanceElectricHeatReal Property TaxesInsurance Total Op Exp Year 2017 Total Op Expense Source Owner Projection Total Operating Expenses 0 Type Of Lease Net Lease Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 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 the MLS or Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate. 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 Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate 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 broker. 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. Data last updated: 2019-04-18T19:52:25.26.

    Digital Millennium Copyright Act
     
    Mark Bowers Team at Berkshire Hathaway HomeServices Snyder Real Estate
    #1 Brickyard Drive
    Bloomington IL, 61701