1509 Division St | Melrose Park, IL 60160
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1509 Division St
Melrose Park, IL 60160
Restaurant w/Parking & 2 Rental Houses · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- In The Heart Of Melrose Park Surrounded By A Dense Residential Area Of Homes
- Independent Restaurant - No Royalty, Advertising Or Transfer Fees - And All FFF&E Included
- Can Also Fast Track Its Liquor License & Gaming Approval - Gaming Revenue Over $66,000 In 2022 & Over $40,000 Jan-May 2023!
- Package Deal - Current Owner Looking For One Contract & One Closing - Properties Will NOT Be Sold Separately
- $999,000 Asking Price Is Firm - Already Priced Below Market Value - Looking For A Quick Sale From An Experienced Operator/Serious Investor
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,125 SF
Year Built/Renovated
1958/2013
Building Height
1 Story
Building FAR
0.24
Lot Size
0.30 AC
Zoning
C, Melrose Park
Parking
17 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $81,449 | |
| Land Assessment | $18,268 | Total Assessment | $99,717 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$18,268
Improvements Assessment
$81,449
Total Assessment
$99,717
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