216 E North Avenue, Northlake, IL 60164

  • $794,900
  • $794,900
216 E North Avenue, Northlake, IL 60164
For Sale
216 E North Avenue, Northlake, IL 60164
  • $794,900
  • $794,900

Overview

Property ID: 25463355
  • Commercial Sale
  • Property Type
  • 1955
  • Year Built

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!

  • Address 216 E North Avenue
  • City Northlake
  • State/county IL
  • Zip/Postal Code 60164
  • Country United States

Details

Updated on August 28, 2024 at 5:15 pm
  • Property ID: 25463355
  • Price: $794,900
  • Year Built: 1955
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 2853
  • MLS#: MRD12145073
  • Office Name: RE/MAX ALL PRO - SUGAR GROVE
  • Agent Name: Carla Heitz
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD300
  • List Agent MLSID: MRD8504
  • List Date: 2024-08-22T17:18:42.000Z
  • Roof: Membrane
  • Cooling: Exhaust Fan,Window Unit(s)
  • Tax Annual: 8222.82
  • Tax Year: 2023
  • Flooring: Concrete,Tile,Wood
  • County: Cook
  • Property SubType: Apts/Stores

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