620 Chicago Avenue

    East Chicago, IN 46312
    • $65,000
    • STATUS: Active
    • ON SITE: 131 days
    • MLS #: 09875219
    UPDATED: 60 min ago
    $65,000
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,430
      SQFT
    • $15
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    BRICK 2 FLAT WITH EXTRA LONG LOT. IT WAS USED TO BE A CARRY-OUT RESTAURANT BEFORE WITH ALL THE THE KITCHEN EQUIPMENTS. UPSTAIR IS A 3 BEDROOM APT THAT NEEDS SOME REMODELING. EXCELLENT LOCATION AND GOOD BUSINESS OPPORTUNITY FOR INVESTOR OR NEW BUSINESS STARTER. TONS OF POTENTIALS, CLOSEBY BURGER KING, WALGREEN, BANK, LOCATED ON A BUSY STREET, 10 MINS TO HORSESHOE CASINO. DUE TO SOME WATER DAMAGE FROM NEXT DOOR FIRE, IT NEEDS SOME WORK TO PUT IT BACK FOR BUSINESS. OWNER IS MOTIVATED TO SELL.

    Monthly Payment Calculator



    © 2018 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 The Saladino Sells Team | Keller Williams Chicago - O'Hare. 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 The Saladino Sells Team | Keller Williams Chicago - O'Hare 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: 2018-07-16T22:52:26.383.

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    www.saladinosells.com/homes/81319407

    620 Chicago Avenue East Chicago, IN 46312

    • Price: $65,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 09875219
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    4,430
    SQFT
    $15
    $/SQFT
    Neighborhood:
    Indiana - East Chicago
    County:
    Lake
    Area:
    Indiana - East Chicago
    Property Description
    BRICK 2 FLAT WITH EXTRA LONG LOT. IT WAS USED TO BE A CARRY-OUT RESTAURANT BEFORE WITH ALL THE THE KITCHEN EQUIPMENTS. UPSTAIR IS A 3 BEDROOM APT THAT NEEDS SOME REMODELING. EXCELLENT LOCATION AND GOOD BUSINESS OPPORTUNITY FOR INVESTOR OR NEW BUSINESS STARTER. TONS OF POTENTIALS, CLOSEBY BURGER KING, WALGREEN, BANK, LOCATED ON A BUSY STREET, 10 MINS TO HORSESHOE CASINO. DUE TO SOME WATER DAMAGE FROM NEXT DOOR FIRE, IT NEEDS SOME WORK TO PUT IT BACK FOR BUSINESS. OWNER IS MOTIVATED TO SELL.
    Exterior Features

    Approx Land Sq Footage 1500 Lot Dimensions 25 X150 Lot Sq Ft 3750 Number Of Parking Spaces 4

    Interior Features

    Air Conditioning None Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Broker Projection Adjusted Net Income 7000 Ann Rnt Expense Source Broker Projection Annual Rent For Real Estate 14400 Business Age Unknown Business Type Restaurant Corporate Limits Unincorporated Cost Of Goods Expense Source Broker Projection Cost Of Goods Sold 3000 Cost Of Goods Year 2017 Gross Payroll 6000 Gross Payroll Expense Source Broker Projection Gross Payroll Year 2017 Gross Profit 10000 Gross Profit Expense Source Broker Projection Gross Profit Year 2017 Gross Sales Ann Expense Source Broker Projection Gross Sales Ann Year 2017 Gross Sales Annual 130000 Heat Ventilation Gas Inventory 0 Inventory Expense Source Broker Projection Inventory Year 2017 Known Encumbrances None Known Net Operating Income Year 2017 Net Profit 7000 Net Profit Source Broker Projection Possession Immediate Property Offered For Sale Only Real Estate Included YN Yes Rental Price 15 Sale Terms Cash Only Tax Year 2016 Taxes 3430 Tenant Pays ElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/SewerCooking Gas Total Op Exp Year 2017 Total Op Expense Source Broker Projection Total Operating Expenses 3000 Type Of Lease None Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Elite Homefinder Inc.


    © 2018 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 The Saladino Sells Team | Keller Williams Chicago - O'Hare. 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 The Saladino Sells Team | Keller Williams Chicago - O'Hare 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: 2018-07-16T22:52:26.383.

    Digital Millennium Copyright Act
     
    The Saladino Sells Team | Keller Williams Chicago - O'Hare
    8750 W. Bryn Mawr Ave. Suite 110E
    Chicago IL, 60631
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