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2548 W 59th Street Chicago, IL 60629 Commercial - Retail Active

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Description

Turnkey commercial opportunity! This updated restaurant-ready building offers a spacious dining area with seating for approximately 200 guests, a full bar, and a large commercial kitchen with equipment included. Tables and chairs are also included, making this an excellent opportunity for an owner-user or investor. The property features two large restrooms with three stalls each, plus two ADA-compliant restrooms for added convenience. Recent improvements include updated electrical, plumbing, HVAC, flooring, windows, interior paint, and a speaker system throughout the building. The roof is approximately 10 years old. Well maintained and move-in ready, this versatile property is ideal for a restaurant, banquet hall, catering business, event venue, or other commercial use (subject to local zoning). Don't miss this exceptional investment opportunity-schedule your private showing today!

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1924

General Information

County: Cook
Listed By:
R.A. Homes & Associates, Inc. 773-912-6373
MRED MLS
$650,000
Est. $4,297/mo
Active
SQUARE FEET4,900 MLS#12693602
STATUSActive PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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2548 W 59th Street, Chicago, IL 60629.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $650,000$650,000$650,000
Down Payment $130,000$22,750$162,500
Monthly Mortgage Amount $3,202$3,930$4,016
Taxes $905$905$905
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$286$0
Monthly Estimated Total $4,297$5,311$5,111

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