1000 N FRANCISCO Avenue Chicago, IL $ 325,000
1000 N FRANCISCO Avenue
$ 325,000
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1000 N FRANCISCO Avenue

Chicago, IL, 60622
$ 325,000
Baths0.0 Sq 1,950

Monthly Estimate*

$ 2,160

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Studio

Commercial Property for sale in Chicago, IL

for $325,000. This 1,950 square foot building was built in 1920 on a lot size of 0.07298.

BIG PRICE DROP OWNER RETIRING-- BRING ALL OFFERS!!! The property has operated as a restaurant and grocery store over the last several decades. The tenant, Diana's Restaurant has operated in this location for approximately 15 years and is on a month-to-month lease. The owner is prepared to relocate or sell the business with all equipment. The property is comprised of a 3,179 SF landsite improved with a 1,950 SF building, located on the northwest corner of Augusta Blvd (1000 N) and Francisco Avenue (2950 W), half a block east of Humboldt Park, and immediately south of Humboldt Health (formerly known as Norweigan Hospital). The east portion of the building is masonry on slab construction, and the west portion is masonry and frame with wood joist construction over a shallow crawlspace. The building is configured as a full-service restaurant with black iron hood, full kitchen, private office and two prep/storage rooms. The site is well known in the neighborhood as a restaurant and benefits from 125 feet of frontage on Augusta Blvd. in addition to corner exposure at Francisco Avenue. This offering presents an purchaser to acquire a well-located property in close proximity to Humboldt Park and and Humboldt Health Medical Campus, below replacement cost. Bring ALL offers this property will be sold.

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Commercial Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,168

Style

Non Conforming

Lot Size

0.07298

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11907327

Features
General
Cooling Central Air
Construction Materials Brick
Year Built 1920
Electric Circuit Breakers Service - 0 to 100 Amps
Stories 1
Tax Year 2022
Current Use Non Conforming
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions FOLLOW YOUR PREFERRED NAVIGATION SYSTEM. 2950 W and 1000 N.
City Chicago
NumberOfUnitsTotal 1
MLS Area CHI - West Town
Lot Size Square Feet 3179
Street Name FRANCISCO
Tax Annual Amount 12168
Additional Parcels Y/N N
Leasable Area 1950
Days on Market 128
Lease Type Gross
Standard Status Active
Total Actual Rent 3500
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Exterior
Building Area Total 1950
Lot Dimensions 3179
Frontage Type City Street
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Aco Commercial

Broker

george.toscas@acocommercial.com

Email

Affordability Calculator

$3,174
Per Month
68%
32%
0%
Monthly Principal & Interest
$2,160
Monthly Property Taxes
$1,014
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$325,000 -6.88% Price Down
1/4/2024$349,000 -17.88% Price Down
11/4/2023$425,000 Listed Price

Map


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1000 N FRANCISCO Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $325,000 with 1,950 sqft and a lot size of 0.07298. 1000 N FRANCISCO Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 60622 which is in Chicago, IL