7259 W Irving Park Road, Chicago, IL 60634 | MLS 12292141 | Listing Information | J.W. Reedy Realty
FOR SALE
$499,900
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7259 W Irving Park Road
Chicago, IL 60634

Business Opportunities
Business Opportunity
3,000
Sq. Ft.
0.234
Acre Lot
Courtesy: Compass

Description for 7259 W Irving Park Road Chicago, IL 60634

J.W. Reedy Realty> Illinois> Chicago> 60634
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 Details

12292141
Business Opportunity - Business Opportunities, 1 Story
Cook
0.234 Acres
1
Brick
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Courtesy: Compass
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Based on information submitted to the MLS GRID as of 3/26/2025. 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.

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This content last refreshed on 3/26/2025 6:53 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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