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$749,900

Est. payment - /mo

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2,853 SqFt

Active

216 E North AVE Northlake, IL 60164

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Cristina Gluszek

cristinagluszek@gmail.com +1(815) 557-3821

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,853 sqft

Price per Sqft $262

MLS Listing ID 12277990

Year Built 1955

Annual Tax Amount $8,222

Tax Year 2023

Lot Dimensions 50 X 121 X 50 X 121

Property Sub-Type Mixed Use

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!!!!

Location

State IL

County Cook

Area Northlake

Zoning COMMR

Interior

Cooling Exhaust Fan, Window Unit(s)

Flooring Concrete, Tile, Wood

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Mixed Use

Level or Stories 1

Structure Type Brick

Listed by Carla Heitz • HomeSmart Connect LLC