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$850,000

  • Sold
  • Closed
  • Business
  • 9,440 Sq. Ft.
  • 150 Parking Spaces
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Garden Chalet Banquets and Catering land, building, and business! Located on Ridgeland Avenue just 1 block North of 111th and Ridgeland Avenue Busy Stoplight Corner. Recently upgraded in "so many ways" including new parking lot, new HVAC, new Roof, new Marque. Seats over 300 total along with a new outdoor Patio area with decorative inlaid pavers and convenient service area. Entire block provides ample parking for over 120 cars. Over 200 feet frontage on Ridgeland with 268 foot depth to Nagle Ave in rear. Just 1 block from new Thornton's Service and Grocery at 111th and Ridgeland. Weddings, Graduations, Bridal Parties, Funeral Luncheons, Confirmations, family get together's, etc. etc. Long history of events and memorable gatherings. Current bookings into 2022 included. Over $225000 net income to owner. Call agent for detailed business numbers. Building includes private offices, 2 banquet rooms fully decorated with high lighting, wall papering, flooring, large windows and beautiful window coverings, 4 nicely decorated washrooms, Bridal room. Single family home in rear can also be purchased as a "package deal". Over an acre of business zone land and 10,000 sq ft of updated building. Great bargain price by itself. Add the business what a opportunity.

Full Property Details for 11000 S Ridgeland Ave

General

  • Sold For: $850,000
  • Taxes: $70,000 (2020)
  • Status: Closed
  • Type: Business
  • Source: MRED
  • MLS ID: 11268094
  • Added to Site: 1, 529 day(s) ago

Business

  • Name: GARDEN CHALET
  • Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
  • Years in Business: 11 or More
  • Seating Capacity: 100 or More, Outdoor

Interior

  • Interior Features: Atrium, Common Meeting Room(s), Handicapped Access, Handicap-Equipped Washroom(s), Inside Corridor(s), Private Restroom(s), Public Restroom(s), Skylight(s), Storage Inside, Other

Parking

  • Total Spaces: 150
  • Parking Features: Over 100 Spaces, Common Parking, Lighted, Open, Paved, Private Lot, Public Lot

Location

  • Area: Worth
  • County: Cook
  • Driving Directions: 111th and Ridgeland Avenue North on Ridgeland 1 block to Garden Chalet on West side of street at 110th Street.

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Central Individual
  • Heating Type: Central Building Heat, Forced Air

Utilities

  • Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Storm Sewer Available, Municipal Water

Structural Information

  • Construction: Brick, Concrete, Block, Steel Siding, Stone
  • Roof: Composition, Fiberglass, Membrane
  • Stories/Levels: 1
  • Square Feet: 9,440
  • Current Bldg. Use: Commercial, Other

Lot Features

  • Lot Size (Sq. Ft.): 50,515
  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 220 x 232 x 267 x 217
  • Frontage: City Street, Public Road, Signal Intersection, Paved
  • Potential Use: Commercial, Liquor License
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $70,000
  • Tax Year: 2020
  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer

Disclosures and Reports

  • Property ID: 24184150030000

Meet the listing agents

Meet the listing agents
— 11000 S Ridgeland Ave —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 11000 S Ridgeland Ave

School Districts:Worth School District 127, Community High School District 218
NameGradesDistance
Worth Elementary School
11158 South Oak Park Avenue, Worth, IL 60482
PK-50.5 mi
Worth Jr High School
11151 South New England Avenue, Worth, IL 60482
6-80.6 mi
A B Shepard High School (Campus)
13049 South Ridgeland Avenue, Palos Heights, IL 60463
9-122.6 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 11000 S Ridgeland Ave

Date
Details
Price
Change
Source
5/23/2023
Sold
$850,000
-10.53%
MLS
11/14/2022
Price Reduced
$950,000
—
MLS
11/11/2021
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Recent Sales near 11000 S Ridgeland Ave

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11000 S Ridgeland Avenue, Worth, IL 60482 (MLS# 11268094) is a Business property that was sold at $850,000 on May 23, 2023. This property was listed by Chuck Groebe from our Gold Coast Office.Want to learn more about 11000 S Ridgeland Avenue? Do you have questions about finding other Business real estate for sale in Worth? You can browse all Worth real estate or contact a Coldwell Banker agent to request more information.