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Newest Chicago - Cragin Homes For Sale

$579,900
6 Beds 3 Baths 11993951 MLS NEW Status
Welcome to this exceptional investment property boasting a generous 2,893 square feet of living space! Nestled in a desirable location, this property offers not one, but two meticulously designed apartments, each presenting a perfect blend of comfort and functionality. Enter each apartment to discover a well-appointed layout featuring 3 bedrooms, providing ample space for tenants to unwind and personalize their living quarters. With separate living rooms and dining areas, residents can enjoy privacy and relaxation in their own sanctuary. One of the highlights of this property is the individual water heaters and boilers for each apartment, ensuring reliable hot water and heating while simplifying maintenance tasks. Additionally, with separate gas and electric meters for each unit, tenants have the convenience of managing their utility expenses independently. Step outside into the expansive cemented backyard, offering a versatile outdoor space for leisure activities or potential enhancements. The two-car garage located in the rear provides secure parking and additional storage space, adding to the property's appeal for potential tenants. Venture downstairs to discover the full basement, a valuable addition to this investment property. Finished and complete with a full bathroom, the basement presents endless possibilities for additional storage or recreational areas, enhancing the property's rental potential and value. Notable updates include windows installed in 2004 for energy efficiency and a newer roof from 2018, providing durability and peace of mind for years to come. Whether you're an experienced investor or embarking on your first venture, this property offers a compelling opportunity to generate steady rental income and maximize returns. Schedule a showing today and unlock the full potential of this exceptional investment gem! Sold As-Is.

4822 W George Street, Chicago

$400,000
11821933 MLS ACTIVE Status
Seller Financing available & business only for sale. This turnkey restaurant/lounge is a must-see for anyone looking to enter or expand in the thriving culinary scene in Chicago, IL. This spacious newly buildout in 2022 business has an occupancy of 212 but seats currently 200 customers and offers a prime opportunity for dining-in and private events business to blossom. The business features two bars, perfect for serving a wide range of beverages and accommodating patrons efficiently, a VIP room dedicated to hosting get together to provide an exclusive and intimate experience, a full service commercial kitchen fully equipped & designed to handle high-volume operations and support diverse culinary offerings and a kitchen prep room, 12 flat screen TV's thoughtfully placed throughout the restaurant ensuring an immersive entertainment experience for guests, a dedicated DJ room complete with top-of-the-line equipment, allowing for seamless integration of live music and entertainment, a customer coat room for securing the guest's belongings and an employee lounge for hardworking staff to be able to take their breaks in comfort and a private managers office. The location also offers private parking with 22 parking spots available to ensure convenience for customers and available street parking on Central Ave and a timer electronic building sign which can be seen driving North or South on Central Ave. Business is currently closed. All Gross Revenue and Cash Flow Figures are Pro Forma Figures from having been open for 9 months. Lease Expires April 2026 with a 5-year option to extend. Seller of business has an option to purchase real estate which currently has a day care tenant in the second unit. Building is a total of 9,200 square feet with private parking and seller of business in only occupying one unit and current rent is $6,000 per month on a modified gross lease.

3235 N Central Avenue, Chicago

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