720 North E Avenue $950,000

    Close

    720 North E Avenue Carol Stream, IL 60188

    • 6,878 sq. ft.
    • Commercial
    • MLS# 10627899
    Favorite Share
    Views: 2 Days On Market: 235

    Go Tour This Home

    Schedule A Showing

    Property Details

    PRIME RETAIL/RESTAURANT/OFFICE LOCATION ON NORTH AVENUE IN THE HEART OF CAROL STREAM! HEAVY DAILY TRAFFIC WITH HIGH VISIBILITY (AVERAGE 55,000 TOTAL VOLUME). AMPLE PARKING, WITH 49 SPOTS DESIGNATED TO RESTAURANT AND OVERFLOW DIRECTLY EAST OF BUILDING WITH 100-150 PARKING SPOTS. BUILDING IS CURRENTLY USED AS A SPORTS BAR BY THE NAME OF "PLAYOFF'S BAR & GRILL," BUT THERE ARE MULTIPLE POTENTIAL USES - RESTAURANT/BAR, RETAIL, OR OFFICE SPACE. ADDITIONS OVER THE YEARS INCREASED SQUARE FOOTAGE (6,878 SQ. FT.), BUILDING FOR SALE AND CURRENT OPERATING BUSINESS INCLUDED IN OFFERING PRICE. CURRENTLY HAVE FULL LIQUOR LICENSE AND VIDEO GAMING ALREADY THERE. SPRINKLERED BUILDING, PITCHED FLAT ROOF, 1,200-AMP (THREE PHASE) SERVICE, FULL KITCHEN, AND MULTIPLE LARGE SPACES FOR ENTERTAINMENT. MAJORITY OF FIXTURES WILL STAY, ALTHOUGH SOME LEASED AND WILL NOT - INQUIRE FURTHER FOR MORE INFORMATION. **AGENTS AND/OR PROSPECTIVE BUYERS EXPOSED TO COVID-19 OR WITH A COUGH OR FEVER ARE NOT TO ENTER THE PROPERTY UNTIL THEY RECEIVE MEDICAL CLEARANCE**

    • General Features
      • Additional Parcels Y/N No
      • Area Carol Stream
      • County Or Parish Du Page
      • Current Use Commercial
      • Gross Income 0
      • Gross Scheduled Income 0
      • Leasable Area 6878
      • Net Operating Income 0
      • Number Of Units Total 1
      • Operating Expense 0
      • Tax Year 2019
      • Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Taxes,Insurance,Repairs,Roof,Scavenger,Sewer
      • Township Milton
      • Year Built 1980
      • Zoning COMMR
    • Building Features
      • Building Area Total 6878
      • Construction Materials Brick
      • Cooling Central Air, Zoned
      • Electric Circuit Breakers, 3 Phase, Heavy Power 1200+ Amps
      • Flooring Carpet,Concrete,Tile
      • Foundation Details Concrete Perimeter
      • Roof Membrane
      • Stories 1
      • Utilities Electric to Site,Gas to Site,Sanitary Sewer,Water to Site
    • Property Features
      • Docks None
      • Frontage Type State Road
      • Lot Size Dimensions 135 X 240
      • Lot Size Square Feet 32400
      • Parcel Number 0504200033
      • Parking Total 49

    Contact

    Kevin Calkins

    Kevin Calkins

    Broker

    Gagliardo Realty

    Cell: 708-829-2112

    Neighborhood

    60188 (Carol Stream) Demographics

    38 Median Age
    4,270 Population Density (per sq. mile)
    47% College Educated
    $76,152 Estimated Median Income
    10,442 Estimated Total Home Owners
    5,033 Estimated Total Renters
    67% / 33% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    43,118 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $275,000 Median Sales Price
    65 Homes Sold
    96 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $950,000
        9/1/2020 1:54:13 PM Price Reduced Source New Value: $950,000
        8/2/2020 4:10:07 AM Status Changed Source New Value: Active
        7/27/2020 9:08:11 PM Status Changed Source New Value: Price Change
        7/27/2020 9:08:11 PM Price Reduced Source New Value: $950,000 -12.04%
        2/4/2020 6:39:00 PM New in Database Source New Value: $1,080,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Gagliardo Realty Associates are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. © 2020 Midwest Real Estate Data LLC. All rights reserved. Information Deemed Reliable but Not Guaranteed. Listing information from this property search is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Based on information submitted to the MRED as of 9/27/2020 6:38:52 AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
        The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
        The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.