Property for Sale: 216 E North, Northlake, IL 60164

$749,900
$749,900
216 E North, Northlake, IL 60164
$749,900
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Price:
$749,900
$45,000 - 09/30/2024

Type Commercial

City Northlake
County Cook

MLS 12145090
Status Active
Prime Northlake Investment Opportunity with High Visibility and Diverse Income Streams; This exceptional property on North Ave. in Northlake boasts a prime location with high traffic daily, ensuring exceptional visibility for your business. Mixed in close proximity many industrial and residential homes to benefit from the services offered here. Currently features a mix of established tenants - a hair and nail salon, pizza and Italian restaurant, and a leased 2 bedroom apartment - providing a diversified income stream and a wealth of options for future use. The brick beautiful building features large windows offering an abundance of natural light. Newer Roof and Hot Water Heaters. The space is both attractive and unique. Restaurant boasts an updated entry with seating area, order window and efficient kitchen with all the kitchen equipment staying (Walk-in refrigerator and 2 uprights, 4 freezers, large pizza ovens, oven/stove, large dough mixer, storage units, & more). Well Established business with same owners for 38 years! Salon operated by renters offers a large open area with private bath, and storage area which can be opened up to expand the restaurant. Enjoy tenant income or open up to extend restaurant seating area. Spacious 2 bedroom 1 bath apartment in the back enjoys the beautiful yard with covered patio currently rented boasts gleaming hardwood floors, retro cabinets and counters in eat in kitchen and bath. ALL units have Separate Water, Gas and Electric allows independent utility management. Abundance of storage in the Full basement with exterior entrance. Ample on-site parking makes this a perfect choice for businesses seeking a convenient high-traffic location. This incredible property won't last long! Don't miss your chance to invest in a prime location with established business with additional rental income or bring your creativity and the options could be endless! Owners Retiring and will look at all Serious Offers!!!!

Lot & Building Features

Construction Brick, Concrete
Cooling Exhaust Fan, Window Unit(s)
Tax Year 2023
Lot Dimensions 50 X 121 X 50 X 121 ft

Price History of 216 North, Northlake, IL

Date Name Price Difference
09/30/2024 Price Adjustment $749,900 5.66%
12/31/1969 Listing Price $794,900 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Laura Freeman
Laura Freeman
Broker
Direct: 708-296-4665
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by RE/MAX All Pro - Sugar Grove, Carla Heitz & Marla Kubik
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216 North (MLS #12145090) is a commercial listing located in Northlake, IL. This property was listed on 08/22/2024 and has been priced for sale at $749,900.

Nearby zip codes are 60104, 60131, 60160, 60163 and 60165. This property neighbors other cities such as Bellwood, Berkeley, Franklin Park, Melrose Park and Stone Park.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX All Pro - Sugar Grove