7053 W. Addison St., Chicago, IL
Business for Sale - $425,000 - 12,000 Sq. Ft. on 0.32 acres
Property Info
| CIMLS# | 914141 |
| Location 7053 W. Addison St. Chicago IL 60634 | |
| Updated | September 20th, 2016 |
| Type | Business |
| Price | $425,000 |
| Building | 12,000 Sq. Ft. |
| Land | 0.32 acres |
Property Description
Lender owned corner property for sale near the O'Hare Corridor. Former bakery has ovens and walk-in cooler included in the sale price. Great redevelopment potential; could easily be converted for multi-tenant use. Property sold as is. Taxes are currently being appealed and are expected to be reduced. With a listing price of $425,000.00 the Seller's Tax Attorney, James Sarnoff of Sarnoff & Baccash, estimates the 2016 taxes could be reduced to $20K. A Class 7C Incentive could reduce the taxes even further to $8,255.21 annually. Ask Agent for more details
Contact agent:
Adam Salamon
312.575.0480 ext. 13
adam@kudangroup.com