730 Maxwell Street, Chicago, 60607

$100,000 - Bus / Bus w/Real Est For Sale

$100,000

Beds
Baths
7,200Sqft
Built
MLS® #: 10611253
Active

Successful Sushi Restaurant on UIC Campus For Sale. This popular restaurant with $400K in annual gross sales has been serving the University Village community for over 15 years. This is a new owner's opportunity to expand the concept and increase revenue. Property includes all equipment needed for a sushi restaurant AND includes a full-service kitchen with built in hood, fire suppression system, black iron and walk-in cooler. The existing lease provides for exclusivity on UIC campus as the only Sushi and/or Thai restaurant. Incredible opportunity to expand the menu offering to include Thai, Izakaya, Ramen or anything else that can be prepared in the fully built out kitchen. Sale includes all FF&E and will require assumption of existing lease. Current rent is $4,754 per month all-in with 3.5 years remaining (including options) with 2.5% annual escalations. Owner has spent over $500K on buildout on this 1,870 square foot restaurant. Please do not disturb existing business. Showings only Tuesday to Thursday between 3:00 and 4:30 PM. No real estate included with this sale.

Additional Information: This property is located in the CHI - Near West Side neighborhood, IL. This bedrooms bus / bus w/real est property is priced at $13.9/sqft.

Price & Status History

Date Details
Status Changed from New to Active

Essential Information

MLS® #: 10611253
Price: $100,000
Taxes: $10,000
Square Footage: 7,200
Acres: 0.00
Type: Commercial
Sub-Type: Bus / Bus w/Real Est
Status: Active

Community Information

Address: 730 Maxwell Street
Area: CHI - Near West Side
City: Chicago
County: Cook
State: IL
Zip Code: 60607

Interior

Heating: Forced Air, Gas
Cooling: Central Air
Stories: 2

Additional Information

Zoning: COMMR

Listing Details

Listing Office: Be Realty, LLC

Financials

$/SqFt: $14

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Listing information last updated on May 27th, 2020 at 5:50pm CDT.