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999 N Confidential Street, Schiller Park, IL 60176
$3,800,000
999 N Confidential Street, Schiller Park, IL 60176View this property at 999 N Confidential Street, Schiller Park, IL 60176
999 N Confidential StreetSchiller ParkIL60176
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Property Description
Price is for property, building and thriving Business with all equipment and fully booked events. Opportunity to purchase this recently remodeled 14,284 sf banquet/catering facility in the heart of the O'Hare market. This prime property is surrounded by small industrial, commercial, retail and residential properties. The offer price of $3,800,000. includes business (which includes all furniture, fixtures every item needed to operate and facilitate many different decors for any different occasion and fully equipped commercial kitchen with several walk-in coolers). Owner has contracts for banquets through 2024 and into 2025 and is willing to stay and train new operator for a short time. There are two full separate banquet rooms with large kitchen facility in between easily able to serve both elegant rooms. Larger room accommodates 200 - 220 people depending on the type of party. Large private party up to 200 comfortable or 220 with a shared party environment which of recent has been most popular and profitable plus 100 to 120 in the smaller room. Owner will disclose excellent income streams with parties booked through the year every weekend and more. The new remodel included: new drywall, paint, upgrade to LED light fixtures new marble dance floors and new flooring and lighting in both ballrooms. Larger room is facilitated by 4 separate washrooms smaller room 2 new baths. Private brides' rooms and office area. New walls, sinks, counters, tile floors, lights, and stalls in bathrooms. This property has been completely remodeled. A new roof was installed in November 2017 with a 10-year warranty. 63 parking spaces plus access to additional allowed parking across the street. The property is located just minutes from Donald E. Stephens Convention Center, Allstate Arena, Rosemont Theatre, Rosemont Entertainment District, MB Financial Park, the Fashion Outlets of Chicago and a wide variety of hotels and is perfectly positioned to take advantage of the opportunity to host/cater the numerous corporate functions, holiday parties, bridal/baby showers, weddings, baptisms, cotillions, anniversaries, and other events that take place throughout the year.
Full Property Details
Full Property Details for 999 N Confidential St
General
- Price: $3,800,000
- Taxes: $129,988 (2022)
- Status: Active
- Type: Business
- MLS ID: 12038821
- Updated: 5/1/2024
- Added to Site: 16 day(s) ago
Business
- Name: CONFIDENTIAL
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant, Servi
- Years in Business: 11 or More
- Seating Capacity: 100 or More
Interior
- Interior Features: Public Restroom(s)
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Schiller Park
- County: Cook
- Driving Directions: 25TH AVE TO LELAND GO EAST 2 BLOCKS. PROPERTY LOCATED ON CORNER OF LELAND AVE. AND RUBY ST.
- Location Details: Corner, Mixed-Use Area, Freestanding/Urban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick, Block
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 14,284
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 38,333
- Lot Size Range: 8.0 to 9.99 Acres
- Lot Dimensions: 275 x 127
- Potential Use: Commercial, Industrial, Liquor License, Other
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $129,988
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer
Disclosures and Reports
- Ownership: Corporation
- Property ID: 12162130170000
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Schools
Schools serving 999 N Confidential St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
24 W Walton St, Chicago, IL 60610 | PK-8 | 0.5 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 999 N Confidential St
Date
Details
Price
Change
Source
4/24/2024
Listed
$3,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 999 N Confidential St
Year
Property Taxes
Change
Tax Assessment
Change
2022
100%
100%
2021
100%
100%
2020
100%
100%
2019
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 999 N Confidential St
999 N Confidential Street, Schiller Park, IL 60176 (MLS# 12038821) is a Business property. 999 N Confidential Street is currently listed for $3,800,000 and was received on April 24, 2024. Want to learn more about 999 N Confidential Street? Do you have questions about finding other Business real estate for sale in Schiller Park? You can browse all Schiller Park real estate or contact a Coldwell Banker agent to request more information.