Active

216 E North Avenue

Northlake IL, 60164

$749,900


$262.85 per sqft

Active

2,853 sqft

Commercial

Courtesy of RE/MAX All Pro - Sugar Grove

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 which can be opened up to expand the restaurant. 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 allows 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! Owners Retiring and will look at all Serious Offers!!!!

12145090

MLS ID

August 22, 2024

Listed

November 3, 2024

Updated

Map

216 E North Avenue
Northlake IL, 60164

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Exhaust Fan, Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Membrane

Other Property Details

Area Name

Northlake


Taxes

$8,223


Tax Frequency

Annually


Days on Market

74


Garage

No


View

No


County

Cook


Pool

No


Zoning

RTAIL

Listing History

Date

Event

Price

9/30/2024

Price change

$749,900

-6%

Courtesy of RE/MAX All Pro - Sugar Grove, Carla Heitz,
Listing Contact: 630-306-3745 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than LW Reedy Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/3/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 6:39 PM UTC, 11/3/2024

 

 

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