727 W Maxwell Street #22

CHICAGO, Illinois 60607
Rented / MLS #10121536 / Retail Store / Near West Side
Listing information updated 3/21/2019 at 12:23pm
What a magnificent turnkey fast-casual restaurant in the heart of U.I.C. The restaurant includes kitchen appliances, walk-in cooler, walk-in freezer, all front of the house furniture, and a 12-foot hood. This is an exceptional opportunity for a first-timer or an established concept. This transaction is an asset sale and lease assignment. The restaurant is 1,325 square feet and has a new build out. The lease term has seven years left with one five year option. The current rental rate is under market and excellent for the area. Yearly adjustment is 3%. CAM $3.79 PSF includes grease trap, landscape, snow, and trash removal. Landlord Service Fee $4.50 PSF includes heating cooling and electric. The asset sale is $25,000 includes all FF&E, under market lease, and the ability to open for business right away. Please note U.I.C is the landlord and will have final approval or denial of the tenant. Tenant will take over the current lease and relive sublessor of their contract

Full Features

Built:
2015
Cooling System:
Central Air
Stories:
1
Ceiling Height:
15
Current Use:
Commercial
Potential Use:
Commercial, Retail, Other
Zoning:
COMMR
# of Drive-In Doors:
1
Rentable Square Feet:
1,325

Rental Information

Security Deposit:
Pet Info:
Furnished:
No

Location

Zip Code:
60607
City:
Chicago
County:
Cook
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

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727 W Maxwell Street #22 is a retail store which rented for $27. This retail store has been listed on @properties since October 25th, 2018 and was built in 2015. The nearest transit stops include UIC-Halsted CTA Blue line and Halsted St Metra Metra BNSF Railway line.