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$721,000
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Property Description
Building, Business and apartment for sale. This is a turn key operation. Here is an opportunity for a owner operator or investor looking for Gaming, commercial and residential income. Bar is downstairs w/kitchen, gaming and band stage. Jesse's Tavern is a well established Business that has been located in Chicago Ridge for 17 years. Seating capacity holds 75. It is an established music venue for local acts. The kitchen has been noted for "best burgers". Separate dedicated gaming area with 6 video poker machines. Has beer garden with outdoor seating. There is a constant flow of customers from the live music 4 nights a week, bingo nights, karaoke, Sunday Bloody Mary bar. Also equipped with lottery machines and instant ticket sales. There is plenty of public parking, commuter train is close by. The upstairs apartment has 3 bedrooms and 1 1/2 baths, all very well maintained and updated with new appliances. Recently remodeled with large open concept. Set your appointment to see it today.
Full Property Details
Full Property Details for 10501 Ridgeland Ave
General
- Sold For: $721,000
- Taxes: $13,121 (2021)
- Status: Closed
- Type: Business
- Source: MRED
- MLS ID: 11739419
- Added to Site: 608 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Food & Beverage
- Years in Business: 11 or More
Parking
- Total Spaces: 3
Location
- Area: Chicago Ridge
- County: Cook
- Driving Directions: Ridgeland Ave & 105th St.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 2
- Square Feet: 5,000
Lot Features
- Lot Size (Sq. Ft.): 4,100
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 37 x 110
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $389,575
- Tax Amount: $13,121
- Tax Year: 2021
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 24171140010000
Listed by Keller Williams Elite
Sold by Keller Williams Elite
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Schools
Schools serving 10501 Ridgeland Ave
School Districts:Chicago Ridge Sd 127-5, Orland School District 135
Rating | Name | Grades | Distance |
---|---|---|---|
10800 Lyman Ave, Chicago Ridge, IL 60415 | PK-5 | 0.6 mi | |
10835 Lombard Ave, Chicago Ridge, IL 60415 | 6-8 | 0.5 mi | |
10601 Central Ave, Oak Lawn, IL 60453 | 9-12 | 1.1 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 10501 Ridgeland Ave
Date
Details
Price
Change
Source
8/10/2023
Sold
$721,000
-7.45%
MLS
3/31/2023
Price Reduced
$779,000
-1.27%
MLS
3/17/2023
Listed
$789,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10501 Ridgeland Avenue, Chicago Ridge, IL 60415 (MLS# 11739419) is a Business property that was sold at $721,000 on August 10, 2023. Want to learn more about 10501 Ridgeland Avenue? Do you have questions about finding other Business real estate for sale in Chicago Ridge? You can browse all Chicago Ridge real estate or contact a Coldwell Banker agent to request more information.