$725,000

216 E North Avenue, Northlake, IL 60164

  • 2,853 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1955
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $254/sqft
  • Property List Date Icon Listed 21 hours ago

Property Description

Prime Northlake Investment Opportunity with High Visibility and Diverse Income Streams; This exceptional property on North Ave. in Northlake boasts a prime location with high traffic daily, ensuring exceptional visibility for your business. Mixed in close proximity many industrial and residential homes to benefit from the services offered here. Currently features a mix of established tenants - a hair and nail salon, pizza and Italian restaurant, and a leased 2 bedroom apartment - providing a diversified income stream and a wealth of options for future use. The brick beautiful building features large windows offering an abundance of natural light. Newer Roof and Hot Water Heaters. The space is both attractive and unique. Restaurant boasts an updated entry with seating area, order window and efficient kitchen with all the kitchen equipment staying (Walk-in refrigerator and 2 uprights, 4 freezers, large pizza ovens, oven/stove, large dough mixer, storage units, & more). Well Established business with same owners for 38 years! Salon operated by renters offers a large open area with private bath, and storage area. Enjoy tenant income or open up to extend restaurant seating area. Spacious 2 bedroom 1 bath apartment in the back enjoys the beautiful yard with covered patio currently rented boasts gleaming hardwood floors, retro cabinets and counters in eat in kitchen and bath. ALL units have Separate Water, Gas and Electric allowing independent utility management. Abundance of storage in the Full basement with exterior entrance. Ample on-site parking makes this a perfect choice for businesses seeking a convenient high-traffic location. This incredible property won't last long! Don't miss your chance to invest in a prime location with established business with additional rental income or bring your creativity and the options could be endless! Retiring Owners Will Look At All Serious Offers!!!!

Listing Status:
Active
Listing Office:
HomeSmart Connect LLC : 630-347-4460
Listing Agent:
Marla Kubik : 630-347-4460
MLS ID:
12500355
  • Flooring: ConcreteTileWood
  • A/C: Exhaust FanWindow Unit(s)
  • Roofing: Membrane
  • General: Concrete Perimeter
  • Road/Access: Private RoadCity StreetState RoadPublic RoadSignal IntersectionFrontage Road
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR12323280150000
  • Current Use: Commercial
  • Utilities: Circuit BreakersFusesSeparate MetersService - 0 to 100 Amps
  • Source: mred

This listing courtesy of Marla Kubik, HomeSmart Connect LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

West Leyden High School

1000 N Wolf Rd, Northlake, IL, 60164

Grades 9-12

1.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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