Schiller Park IL Real Estate & Commercial for Sale

Outstanding Investment opportunity in highly desirable rental complex. This well maintained 6 Flat all Brick building is fully operational and completely rented with long term tenants in place. 3-2 Bedroom units and 3-1 Bedroom units. 2nd & 3rd level units have Hardwood Floors in Living Rm, Dining Room, Bedrooms & Hallway. 1st level units have carpeting & vinyl tiles. Each unit has a large eat in kitchen. Many Updates: Tuck pointing - 2020, Roof, Gutters - 2017, Windows - 2013, New Boiler - 2020, Water Heater - 2022, Washer/Dryer - 2021, Parking paved - 2019. Total 11 parking spaces: six in front of the building, five in the back. Coin operated washer and dryer (maintained by owner) in the building for additional income. Tenants pay electric. Units are always in high demand and easily rentable. Start positive cash flow from day 1. Huge growth opportunity by increasing rents to current market value or even higher with the limited availability of these type of apartments in the area. Convenient location with easy access to Metra, expressways, O'Hare, restaurants, shopping, and bus stops. Located walking distance to Forest Preserve, close to restaurants and shopping in both Harlem Irving Plaza and Rosemont Outlet Mall, 5 minutes, (1.4 miles) from Metra North Central Station, close to O'Hare and all its supporting businesses and easy access to Highways I-294 and I-190. Close to many schools: Wilbur Wright College, North Elementary, Lincoln Middle, East Lyden High School, and Fun & Games Pre School & Day Care Center. An ideal business opportunity for any Investor. PLEASE DO NOT DISTURB OCCUPANT, DO NOT KNOCK ON DOOR OR WALK AROUND PREMISES.

Price is for property and building. Business with all equipment and fully booked events available a negotiable price. Opportunity to purchase this recently remodeled 14,284 sf banquet/catering facility in the heart of the O'Hare market. This prime property is surrounded by small industrial, commercial, retail and residential properties. The offer price of $1,200,000 is for the building and property. Business is available, (which includes all furniture, fixtures and kitchen equipment). Owner has contracts for banquets through 2022 and way into 2023 and is willing to stay and train new operator for a short time. The 2018 remodel included: new drywall, paint, upgrade to LED light fixtures new lighted dance floor and new flooring in both ballrooms; and new walls, sinks, counters, tile floors, lights, and stalls in bathrooms. A new roof was installed in November 2017 with a 10-year warranty. The property is located just minutes from Donald E. Stephens Convention Center, Allstate Arena, Rosemont Theatre, Rosemont Entertainment District, MB Financial Park, the Fashion Outlets of Chicago and a wide variety of hotels, and is perfectly positioned to take advantage of the opportunity to host/cater the numerous corporate functions, holiday parties, bridal/baby showers, weddings, baptisms, cotillions, anniversaries, and other events that take place in the area. The property includes: - A 4,002 SF Front Banquet Hall that has a dedicated entrance, large skylights, and seating for 100 + 30 on the attached enclosed patio. - A 5,200 SF Back (Grand) Ballroom with its own entry/reception hall, bridal room, and 4 washrooms (2 men + 2 women), and seating for 250+. -A 5,082 Kitchen. The kitchen is situated between the 2 ballrooms, and it is capable of supporting banquets and outside catering assignments simultaneously. A dock provides access to the kitchen area for deliveries/loading. This property was completely remodeled 2018-2019. If buyer is interested in business? If not owner will completely remove all business fixtures including kitchen facility, exhaust hoods freezers etc. Vacant 14000 plus square foot building with 12' ceilings loading dock area and parking. Taxes are paid and appeal in process.