4948 W Madison St - Storefront FOR SALE


Chicago, IL 60644
$1,250,000 USD
773-396-4833
4948 W Madison St, Chicago, IL for Sale
$1,250,000 USD
Storefront - FOR SALE
1/8
null | 22.4% Cap Rate

4948 W Madison St
Chicago, IL 60644


OVERVIEW

Fantastic Business Opportunity: Well-Established Dry-Cleaning Business with Free-Standing Building Take advantage of this rare opportunity to own a thriving dry-cleaning business located on a high-visibility corner with heavy foot traffic in West Chicago. Building Size: 12,100 SF, Land Size: 22,004 SF, Parking: 25-car parking lot Included in the sale are the business, all trade fixtures, and equipment. The property has been recently updated with new front and exterior painting. This is a highly profitable venture, with a net income of $390,000 last year. Established in 1947, this successful dry-cleaning business has been owner-operated for over 15 years. Don't miss out on this fantastic money-making opportunity!

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

22.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MK Cleaners

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,375 SF

ZONING

C-1

APN/PARCEL ID

16-09-427-021-0000

ASK ABOUT THIS PROPERTY

Adrianne HanMega USA Properties, Inc.More Info
773-396-4833

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Adrianne HanMega USA Properties, Inc.More Info
773-396-4833

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.