5446 W HARRISON ST Chicago, IL 60644

GREAT OPPORTUNITY FOR INVESTOR/ENTREPENEUR! VERY VISIBLE LOCATION ON HARRISON STREET WITHIN CLOSE PROXIMITY TO LORETTA HOSPITAL AND COLUMBUS PARK. THE EXISTING BEAUTY SHOP HAS BEEN IN BUSINESS FOR OVER FIFTY YEARS IN THE COMMUNITY AND THE RETIRING OWNER WILL ASSIST YOU WITH THE TRANSITION. WITH PLENTY OF STREET PARKING AND EASY ACCESS TO CENTRAL AVENUE AND THE EXPRESSWAY, START YOUR OWN BUSINESS CONCEPT! ADJACENT TO THE FIRST FLOOR SPACE IS A FRAME TWO FLAT APARTMENT BUILDING, GREAT FOR OWNER OCCUPANT OR AS A LONG TERM INCOME STREAM! BOTH APARTMENTS ARE IN GOOD CONDITION AND FEATURE A LIVING ROOM, KITCHEN AND TWO BEDROOMS. THERE IS A REAR YARD WITH A HUGE FOUR CAR GARAGE, WHICH IS AVAILABLE FOR YOUR VEHICLE OR STORAGE NEEDS. THE CURRENT STOREFRONT IS OWNER OCCUPIED AND BASED ON THE PAST HISTORY, THE PROJECTED FUTURE RENT SHOULD BE APPROX. $1500/MONTH. BOTH APARTMENTS ARE CURRENTLY RENTED AT $875/MONTH BUT WITH COSMETIC UPDATES, THE MARKET RENT SHOULD BE APPROX. $1250/MONTH. THE PROJECTED RENT FOR THE FOUR CAR GARAGE IS APPROX. $400/MONTH. THE TOTAL PROJECTED RENT IF MAXIMIZED COULD BE $4400/MONTH.