5077 Lincoln Avenue

    Chicago, IL 60625
    • $120,000
    • STATUS: Active
    • ON SITE: 78 days
    • MLS #: 10096736
    UPDATED: 57 min ago
    $120,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,800
      SQFT
    • $43
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Long time business in great Lincoln Square location, now available for sale!! The long time established European/American restaurant & grocery store comes fully equipped, including a liqueur license. Restaurant has an occupancy permit for 62 seats, and an additional seasonal outdoor seating area which accommodates a further 90 seats. Kiko's Market & Restaurant is a family owned/run business, and all income will be disclosed on contract. The business is very healthy with great income. Great opportunity to be your own boss!!! Owner will train, and transfer all recipes.

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    © 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 Baz Realty Network | Keller Williams Preferred Realty. 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 Baz Realty Network | Keller Williams Preferred Realty 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: 2018-12-16T20:49:56.11.

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    www.bazrealtynetwork.com/homes/88013310

    5077 Lincoln Avenue Chicago, IL 60625

    • Price: $120,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 10096736
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,800
    SQFT
    $43
    $/SQFT
    Neighborhood:
    Chi - Lincoln Square
    County:
    Cook
    Area:
    Chi - Lincoln Square
    Property Description
    Long time business in great Lincoln Square location, now available for sale!! The long time established European/American restaurant & grocery store comes fully equipped, including a liqueur license. Restaurant has an occupancy permit for 62 seats, and an additional seasonal outdoor seating area which accommodates a further 90 seats. Kiko's Market & Restaurant is a family owned/run business, and all income will be disclosed on contract. The business is very healthy with great income. Great opportunity to be your own boss!!! Owner will train, and transfer all recipes.
    Exterior Features

    Approx Land Sq Footage 2800 Construction BrickStone Frontage Access City Street Land Amenities Lighting/Exterior Location CornerPublic Transport AvailFree Standing/Urban Lot Dimensions Per Survey Lot Sq Ft 4500 Number Of Parking Spaces 0 Waterfront YN No

    Interior Features

    Air Conditioning Central AirZoned Miscellaneous Inside Private Restroom/SStorage InsideOtherLaundry Room Number Of Stories 2

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 205000 Ann Rnt Expense Source Actual Annual Rent For Real Estate 60000 Business Age 11+ Years Business Name Kiko Business Type Grocery/Mini-MartRestaurant Corporate Limits Chicago Cost Of Goods Expense Source Actual Cost Of Goods Sold 339562 Cost Of Goods Year 2017 Current Use CommercialOther Electrical Service Separate Meters Food Beverage Type RestaurantCarry-OutGrill Gross Payroll 120309 Gross Payroll Expense Source Actual Gross Payroll Year 2017 Gross Profit 385190 Gross Profit Expense Source Actual Gross Profit Year 2017 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2017 Gross Sales Annual 750000 Heat Ventilation Forced Air Inventory 9783 Inventory Expense Source Actual Inventory Year 2016 Known Encumbrances None Known Lease Expires 2017-12-29T06:00:00 Living Quarters AvailableIncluded Miscellaneous Outside PatioSecurity GateSecurity LightingTrash Compactor Net Operating Income Year 2017 Net Profit 0 Net Profit Source Owner Projection Number Of Emp Full Time 10 Number Of Emp Part Time 8 Possession Closing Potential Use CommercialLiquor LicenseOffice And ResearchRetail Property Offered For Sale Only Proprietary Info Furniture/Fix/Equip ListTax Returns Real Estate Included YN No Seating Capacity 51-75100+Outdoor Seller Will Other Tax Year 2016 Taxes 10582 Tenant Pays Air ConditioningElectricHeatJanitorialInsuranceRepairs And MaintenanceScavengerWater/SewerCooking Gas Total Op Exp Year 2016 Total Op Expense Source Actual Total Operating Expenses 385548 Type Of Lease Gross LeaseRenewal OptionsPurchase Option Type Ownership Business CorporationTrustFamily Unincorporated YN No Utilities To Site Electric To SiteGas To SiteWater-Municipal Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Investors Meldina Realty Group.


    © 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 Baz Realty Network | Keller Williams Preferred Realty. 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 Baz Realty Network | Keller Williams Preferred Realty 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: 2018-12-16T20:49:56.11.

    Digital Millennium Copyright Act
     
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