$271,000
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3,450 SqFt
SOLD DATE : 04/24/2024
Key Details
Sold Price $271,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $78
MLS Listing ID 11419497
Sold Date 04/24/24
Year Built 1987
Annual Tax Amount $15,291
Tax Year 2022
Lot Dimensions 133 X 105
Property Description
Former Kick-off Bar & Grill presents an exciting opportunity in Markham, IL. This turn-key business and real estate package offers a vibrant mix of potential for the savvy investor. With a starting bid of $75,000, this property boasts a family-style restaurant, bar, storefront, and a spacious 2-bedroom apartment above, offering additional income potential. Located conveniently off I-57 and minutes from I-294, this property enjoys great visibility and high daily traffic counts of 27,200. The ample on-site parking and a huge outdoor beer garden make it a sought-after destination for patrons. The owners have made significant updates, with renovated floors in 2020 and half of the roof replaced in 2021. The electrical, plumbing, and boiler were all updated in 2004, ensuring a smooth operation for the new buyer. The village authorities are eager for a family-style restaurant to come into town or for the property to be redeveloped, making this an ideal opportunity for ambitious entrepreneurs and developers. Don't miss your chance to own Former Kick-off Bar & Grill at 3533 W 159th St. Seize this rare chance to unleash its full potential and create a flourishing establishment in this prime location. Bidding starts on March 4th. Act now and make your mark in Markham! Non-Contingent Earnest Money Deposit is Greater of $20,000 or 10% of the Purchase Price Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum $10,000 Participation Deposit
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Water to Site
View Y/N true
Roof Type Composition
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
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