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Agent Description:

BUSINESS FOR SALE WITH REAL ESTATE! Large Retail Department Store & 5 residential units. High volume business in this location for 50 years. Nearly 15,000 square feet of first floor retail space & 5 residential units each approx 1,000 SQ FT. The location, size, visibility, and community good-will of this business is unmatched. Hands off $800,000 per year revenue stream. $2,000,000 annual revenue achieved under direct management. Enormous current value, future opportunity, and rare property coming available after 50 years. Two large retail entrances open to their own 75'' x 122'' and 50'' x 120'' retail space connected through open walkway to form a 125'' x 122'' open retail environment. High ceilings, ability increase skus, an low taxes. Includes 2806, 2814, & 2816 W Cermak Rd. (two double and one single contiguous lots on W. Cermak Rd and adjacent to S California Ave.) Zoned B3-2 in a busy community shopping district; The building features offices, inventory rooms and additional facilities.

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