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7441 Madison Street Forest Park, IL 60130 Commercial - Investment Active

  • 7441 Madison Street, Forest Park, IL 60130 Main Photo

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Description

Turnkey restaurant business opportunity in the heart of Forest Park! Chubby's Hot Chicken is an established, fully operational concept with approximately $350,000 in projected annual gross sales. Sale is for the business only-real estate is not included. The owner is offering an exceptional transition package that includes two months of paid rent, approximately three weeks of inventory, and one month of staff payroll, allowing the new owner to step in with reduced upfront operating expenses and immediate cash-flow potential. Existing equipment is owned and included in the sale. Current owner is selling only due to a new career opportunity requiring extensive travel. Confidential financial information available to qualified buyers.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Cook
Listed By:
REMAX Legends 630-216-8000
MRED MLS
$200,000
Est. $1,376/mo
Active
SQUARE FEET3,000 MLS#12726714
STATUSActive PROPERTY TYPECommercial - Investment

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Ruhl&Ruhl Realtors

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7441 Madison Street, Forest Park, IL 60130.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $200,000$200,000$200,000
Down Payment $40,000$7,000$50,000
Monthly Mortgage Amount $998$1,225$1,246
Taxes $278$278$278
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$88$0
Monthly Estimated Total $1,376$1,691$1,624

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