IL
Cook
Chicago
60634
7259 W Irving Park Road
7259 W Irving Park Road, Chicago, IL 60634
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Listing Type
Commercial/Industrial
Listing Status
active
4
$499,900

Home Details for 7259 W Irving Park Road

Price
$499,900
Type
Business Opportunity
Bedrooms
0
Bathrooms
Square feet
NaN
County
Cook
Garage
Days on site
219
MLS Listing#
12292141
Property Description

Business is NOT included in the offering. Current tenant has a lease through December 31, 2030 with a FIVE year option. Strictly property investment only unless purchaser can negotiate with the tenant to end lease. Seller will NOT entertain any offers subject to possession nor negotiating with tenant. PLEASE DO NOT DISTURB TENANT AT ALL. Any personal/business property is not included with the sale. Current rent is $5600 with gradual increases to $5800 in 2030. and increases during option period. Currently $67,200 gross rent less taxes and insurance approximately $48,000. net income or 9.6% return cash on cash. Owner claims tenant is solid and has not been delinquent on rent payments. Future development right across the street from Harlem/Iring shopping plaza. Again - PLEASE DO NOT DISTURB TENANT. Drive by showing only at this time. Survey in additional info. Any questions regarding this listing please contact Norbert Mika - Text or email preferred.

Property Features
  • Utilities
    • Electricity Available
    • Natural Gas Available
    • Water Available
  • Cooling Information
    • Exhaust Fan
    • Window Unit(s)
Listing Courtesy: Compass - 312-319-1168
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 21:04:36. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last Updated: 2025-09-03 21:04:36
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2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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