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$200,000
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Property Description
Have the opportunity to own a NEWLY built out business & Condo Unit at the Westgate Commons Strip Plaza as an authentic Indian Restaurant with no other competition around. High traffic area right off of W Bartlett R with close proximity to Metra train stop, downtown Bartlett & Bartlett Hills Golf Course with new development being constructed all around! Fully built out in 2018, this mom & pop business serves pure Vegetarian cuisine with the finest & locally sourced ingredients that are all made to order. Accommodates dine in with capacity of 50, but the bread & butter is mainly takeout & catering service for parties & festivals. This fully custom built out space features a new kitchen with freezer, 35-gallon grease trap, 3- compartment sink, 5 dining tables, (2) 65" TV menu boards, (3) phones, Deja-vu credit card system, new ceiling tiles, & private office in back with 4-channel security system, 2 private bathrooms, & storage area. There is nothing to do but move in & start operating your own business while owning real estate. Well maintained plaza with newer parking lot & driveway updated in 2020 & pylon signage available. This cash flow positive business is poised to continue to grow exponentially for the next investor with great value-add opportunity by incorporating meat dishes & liquor to the menu.
Full Property Details
Full Property Details for 772 W Bartlett Rd #772
General
- Sold For: $200,000
- Taxes: $13,316 (2020)
- Status: Closed
- Type: Business
- Source: MRED
- MLS ID: 11137426
- Added to Site: 1, 699 day(s) ago
Business
- Name: INDIAN EXPRESS
- Business Type: Restaurant
- Years in Business: 1 to 3 Yea
Interior
- Interior Features: Private Restroom(s), Storage Inside, Other
Exterior
- Exterior Features: Tenant Signage, Other
Parking
- Parking Features: Over 100 Spaces, Common Parking, Open
Location
- Area: Bartlett
- County: Cook
- Driving Directions: E of RT 59, Approx. 3 Blks to Westgate Commons. Proceed to EAST end of Strip Center.
- Location Details: Central Business District, Commercial Business Park, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 56,000
Lot Features
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 400 x 200
- Frontage: City Street
- Potential Use: Commercial
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $36,986
- Tax Amount: $13,316
- Tax Year: 2020
- Tenant Pays: Common Area Maintenance, Other
Disclosures and Reports
- Property ID: 6341090061012
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Schools
Schools serving 772 W Bartlett Rd #772
School District:School District U-46
| Name | Grades | Distance |
|---|---|---|
Bartlett Elementary School 111 East North Avenue, Bartlett, IL 60103 | K-6 | 0.9 mi |
Eastview Middle School 321 North Oak Avenue, Bartlett, IL 60103 | 7-8 | 1 mi |
South Elgin High School 760 East Main Street, South Elgin, IL 60177 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 772 W Bartlett Rd #772
Date
Details
Price
Change
Source
6/01/2022
Sold
$200,000
11.11%
MLS
1/04/2022
Price Increased
$180,000
80%
MLS
9/29/2021
Price Reduced
$99,999
-54.55%
MLS
8/13/2021
Price Reduced
$220,000
-8.33%
MLS
6/26/2021
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
772 W Bartlett Road #772, Bartlett, IL 60103 (MLS# 11137426) is a Business property that was sold at $200,000 on June 01, 2022. This property was listed by Paul Proano from our McMullen/O'Hare Office.Want to learn more about 772 W Bartlett Road #772? Do you have questions about finding other Business real estate for sale in Bartlett? You can browse all Bartlett real estate or contact a Coldwell Banker agent to request more information.


