IL > Chicago
Chicago, IL 60634,7259 W Irving Park RD
Chicago, IL 60634,7259 W Irving Park RD
Chicago, IL 60634,7259 W Irving Park RD
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$499,900
Est. payment /mo
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3,000 SqFt
Active

7259 W Irving Park RD Chicago, IL 60634

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $166

MLS Listing ID 12292141

Annual Tax Amount $16,341

Tax Year 2023

Lot Dimensions 83X125X62X25X112

Property Sub-Type Bus / Bus w/Real Est

Property Description

Business is NOT included in the offering. Current tenant has a lease through December 31, 2030 with a FIVE year option. Strictly property investment only unless purchaser can negotiate with the tenant to end lease. Seller will NOT entertain any offers subject to possession nor negotiating with tenant. PLEASE DO NOT DISTURB TENANT AT ALL. Any personal/business property is not included with the sale. Current rent is $5600 with gradual increases to $5800 in 2030. and increases during option period. Currently $67,200 gross rent less taxes and insurance approximately $48,000. net income or 9.6% return cash on cash. Owner claims tenant is solid and has not been delinquent on rent payments. Future development right across the street from Harlem/Iring shopping plaza. Again - PLEASE DO NOT DISTURB TENANT. Drive by showing only at this time. Survey in additional info. Any questions regarding this listing please contact Norbert Mika - Text or email preferred.

Location

State IL

County Cook

Area Chi - Dunning

Zoning COMMR

Interior

Cooling Exhaust Fan, Window Unit(s)

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Rubber

Building

Dwelling Type Bus / Bus w/Real Est

Structure Type Brick,Concrete

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Matthew Mika • Compass

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agent

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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