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| Listing
Number: |
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050411 |
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Location: |
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Western Suburb of Chicago, IL |
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Business
Description: |
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Salon Suites, Investment opportunity With Property |
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Annual
Income: |
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$ 41,532.00 (from rents) |
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Annual
Expenses: |
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$ 10,951.00 |
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Annual
Mortgage: |
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$ 21,790.00 |
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Cash Flow: |
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$ 8,791.00 |
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Note: The mortgage payments based on 25% down and 20 years amortization at 6.5% interest. |
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Purchase
Price Business: |
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Price Property and build out cost: $ 349,000.00 |
| Terms
of Lease: |
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Comments: |
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The property is on 1,100 Sq .Ft. condo unit, located in a shopping mall. All the suites are lease.The suites are to tenants in the hair and nail business, with established clients in the area.
THE PURCHASER DOSE NOT HAVE TO BE INVOLVED IN THE DAY TO DAY OPERATIONS OF THE SUITS, JUST COLLECT THE RENTS. |
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Contact
Agent: |
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John
Mikaelian at (847) 437-4070 |
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