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2701 W 87th Street Evergreen Park, IL 60805 Commercial - Investment Contingent

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Description

Commercial space is a turnkey business Retail-Resturant- Events- Likely not a Bar. **Capacity:** Accommodates up to 160 guests, making it perfect for weddings, corporate events, and social gatherings. - **Interior:** Beautifully finished with hardwood floors, showcasing the pride of ownership and meticulous attention to detail. - **Liquor License:** Currently holds a valid liquor license, adding significant value and convenience for hosting events. - **Compliance:** The venue has undergone a comprehensive rehab with all necessary permits and has passed local inspections. **Business Assets:** Sale includes all business supplies and a book of business. **Additional Features:** - **Basement Storage:** Ample space for storing event supplies and equipment. - **Parking:** New asphalt parking lot, striped for convenience, providing ample parking space for guests. - **Property Size:** - **Safety:** Equipped with a complete fire suppression system for peace of mind. - **Restrooms:** Separate men's and women's bathrooms, each with 2 stalls. This venue is not just a property; it's a thriving business opportunity. Whether you're an experienced event planner or an entrepreneur looking to enter the industry. Will train.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Cook
Listed By:
Keller Williams Preferred Rlty 708-798-1111
MRED MLS
$599,900
Est. $4,004/mo
Contingent
SQUARE FEET3,060 MLS#12650980
STATUSContingent PROPERTY TYPECommercial - Investment

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2701 W 87th Street , Evergreen Park, IL 60805.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $599,900$599,900$599,900
Down Payment $119,980$20,997$149,975
Monthly Mortgage Amount $2,994$3,627$3,736
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $4,004$4,901$4,746

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