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$1,127,000
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Property Description
OPPORTUNITY KNOCKS - ALL VILLAGE REQUIREMENTS HAVE BEEN COMPLETED!!!!! The listing is for the sale of the properties only and not the businesses. The sale consists of 2213-2219 W. Lake Street (El Ranchito property), Melrose Tax Services, Cafe 23, and five apartments to the corner of 23rd and Lake (Cafe 23rd property). The roof was replaced in 2014 - Tuckpointing, Parking lot, sidewalks, and aluminum siding were all replaced in 2018. Over $140,000 in upgrades over the past 5 years. All 5 residential units remodeled in 2018. 4 units have newer furnaces. 8 parking spots in rear of building and an additional 5 in front. Longtime business owners; El Ranchito over 30 years, Tax Services over 20 years, and Cafe 23 over 8 years. Businesses pay water, garbage, gas and electric. Tenants pay electric and gas. This is a well taken care of and turn-key building. Owner is a licensed real estate broker in the state of Illinois.
Full Property Details
Full Property Details for 2213-2219 W Lake St
General
- Sold For: $1,127,000
- Taxes: $29,697 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11641790
- Added to Site: 1, 231 day(s) ago
Additional Information
- Security/Safety: Partially Sprinklered, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Parking
- Total Spaces: 13
- Parking Features: 13 to 18 Spaces
Location
- Area: Melrose Park
- County: Cook
- Driving Directions: Lake Street to 23rd. Property on the North East corner.
- Location Details: East/West Corridor, O'Hare, Northwest Suburban, Chicago West
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas
Structural Information
- Exterior Const.: Brick
- Roof: Rubber
- Stories/Levels: 2
- Square Feet: 8,500
- # of Stores: 2
- Year Built: 1918
- Built Before 1978: Yes
Unit Information
- # Tenants: 8
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Sq. Ft.): 9,074
- Lot Dimensions: 9074
Financial Considerations
- Lease Price: $16
- Security Deposit: Partially Sprinklered, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1918
- Tax Amount: $29,697
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer, Varies by Tenant
Disclosures and Reports
- Property ID: 15033500110000
Listed by Stonetrust Realty Group, Inc.
Sold by eXp Realty, LLC
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Price & Sales History for 2213-2219 W Lake St
Date
Details
Price
Change
Source
3/09/2023
Sold
$1,127,000
-6.01%
MLS
9/29/2022
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2213-2219 W Lake Street, Melrose Park, IL 60160 (MLS# 11641790) is a Commercial property that was sold at $1,127,000 on March 09, 2023. Want to learn more about 2213-2219 W Lake Street? Do you have questions about finding other Commercial real estate for sale in Melrose Park? You can browse all Melrose Park real estate or contact a Coldwell Banker agent to request more information.

