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7441 Madison Street Forest Park, IL 60130 • Commercial - Investment • Active

  • 7441 Madison Street, Forest Park, IL 60130 Main Photo

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Description

TURNKEY RESTAURANT BUSINESS OPPORTUNITY IN THE HEART OF FOREST PARK! Chubby's Hot Chicken offers a rare opportunity to acquire a fully operational restaurant in a prime Madison Street location. The sale includes the existing business, owned restaurant equipment, inventory, licenses/permits and established operation - giving a new owner the ability to step in and operate immediately or bring their own concept to an already built-out restaurant space. The seller is also offering an exceptional transition package including two months of paid rent, approximately three weeks of inventory and one month of staff payroll, significantly reducing upfront operating costs during the transition. Located along Forest Park's Madison Street corridor, this is an opportunity for an existing restaurant operator looking to expand, an entrepreneur seeking a turnkey operation, or a new concept looking to avoid the significant time and expense of starting from scratch. Business sale only - real estate not included. Confidential financial and additional business information available to qualified buyers.

Property Highlights

Property Type: Commercial - Investment
Building Description: 1.0 stories

General Information

County: Cook
Listed By:
REMAX Legends 630-216-8000
MRED MLS
$190,000
Est. $1,363/mo
Active
MLS#12795452
STATUSActive PROPERTY TYPECommercial - Investment

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7441 Madison Street, Forest Park, IL 60130.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $190,000$190,000$190,000
Down Payment $38,000$6,650$47,500
Monthly Mortgage Amount $999$1,210$1,222
Taxes $264$264$264
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$84$0
Monthly Estimated Total $1,363$1,658$1,586

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