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$475,000
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Property Description
SELLER FINANCING OPTIONS AVAILABLE!!Is your dream to own your own business? Your dream can become a reality! Here is an AMAZING opportunity to own a TURN-KEY, well established, well-known, family-owned for over 30 years business. Currently a licensed Catering Restaurant and Banquette. Fully equipment with multiple Freezers, Refrigerators, Coolers, Ice Machine, Deli Cooler, Slicers, utensils, and more. Some leased equipment can be transferred over to New owner. Current owner holds liquor license. Banquette Hall has a total Capacity of 180, TWO Liquor Stations (Bars) to allow for more space and comfort to visitors, Formal DJ Destination to enjoy at its best potential. The Dance Floor is large and well centered for everyones view. In addition, the Stage in one step up from the dance floor to create an improved experience. All of the custom made drapes, decorative material, memorabilia, tables and chairs, special effect lights, fixtures and much more is included. In the basement you will find a well organized and spacious area for storage. There are many updates throughout the restaurants and banquette including floors, paint, central air, electrical, roof, fixtures, and efficient business equipment. New development of 75 unit complex across the street! Seller is willing to train the right person! Make your exclusive appointment today!!
Full Property Details
Full Property Details for 718 S 5th Ave
General
- Sold For: $475,000
- Taxes: $31,543 (2021)
- Status: Closed
- Type: Business
- Source: MRED
- MLS ID: 11848106
- Added to Site: 902 day(s) ago
Business
- Name: T&JJ'S SUPREME STEAKS&CATERING
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant, Servi
- Years in Business: 11 or More
- Seating Capacity: 100 or More
Location
- Area: Maywood
- County: Cook
- Driving Directions: 2 blks North of Madison street and 2 blks South of Wsahington Blvd. on 5th avenue. 8 blks north of 290.
- Location Details: Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 1
- Square Feet: 5,000
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 6,500
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 50 x 130
- Potential Use: Commercial, Liquor License
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $31,543.1
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer, Other, Gas
Disclosures and Reports
- Property ID: 15113430110000
Listed and Sold by Re/Max Loyalty
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Schools
Schools serving 718 S 5th Ave
School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Emerson Elementary School, Maywood, IL 311 Washington Boulevard, Maywood, IL 60153 | PK-5 | 0.2 mi |
Irving Middle School 805 South 17th Avenue, Maywood, IL 60153 | 6-8 | 0.7 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 0.3 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 718 S 5th Ave
Date
Details
Price
Change
Source
10/11/2024
Sold
$475,000
—
MLS
12/07/2023
Price Reduced
$475,000
-3.06%
MLS
9/19/2023
Price Reduced
$490,000
-2%
MLS
8/03/2023
Price Increased
$500,000
3.09%
MLS
8/01/2023
Listed
$485,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
718 S 5th Avenue, Maywood, IL 60153 (MLS# 11848106) is a Business property that was sold at $475,000 on October 11, 2024. Want to learn more about 718 S 5th Avenue? Do you have questions about finding other Business real estate for sale in Maywood? You can browse all Maywood real estate or contact a Coldwell Banker agent to request more information.

