$2,000,000
$3,000,000
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7,100 SqFt
SOLD DATE : 06/15/2023
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Sold
Purchase Type For Sale
Square Footage 7,100 sqft
Price per Sqft $281
MLS Listing ID 10944548
Sold Date 06/15/23
Annual Tax Amount $30,633
Tax Year 2019
Lot Dimensions 200X100
Property Sub-Type Bus / Bus w/Real Est
Property Description
7100 SF Commercial building with a large parking lot on a 19,950 SF lot. Located on historic Stony Island Ave, just South of E 88th Street. Family owned and operated for three generations, Kenwood liquors has been serving Chicago since 1949 and has occupied this location since 1970. Fully Equipped ADT Security System along with wireless cameras (32 total) throughout the retail space, storage areas and office. Private office overlooks retail space and equipped with speaker system and surround sound throughout. Retail space has multiple aisles, full back wall of coolers and counter space for six registers plus one portable register. Building has been well maintained with updated electrical (2019), HVAC (2014), hot water tank (2018) and brand new roof (2019). Included in sale: all remaining equipment, furniture and licenses; name is not included in the sale. Existing licenses transferrable in the sale: Retail Food, Packaged Goods and Liquor License. 0.9 Miles to the Woodruff/87th Street Metra Train Station, easy access to Lake Shore Drive and multiple bus stops. Area tenants include: AutoZone Auto Parts, CVS, Pizza Hut, The Licking, Dunkin' Donuts, Popeyes Louisiana Kitchen, Wingstop, Dollar Tree, Checkers, Pete's Produce, Citi Bank, Walgreens and much more.
Location
State IL
County Cook
Area Chi - Calumet Heights
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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