Listing Details

Commercial Commercial For Sale in Edgewater - edgewater- incredible gut rehabbed bed & breakfast inn $2,195,000

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Essentials

Listing #: 140824
Area: Edgewater
Price: $2,195,000
 
Location: N GLENWOOD AVE.
Property Type: Commercial
Availability: Immediately
Free Parking: Indoor
 
Amenities: Garage, Subway, Laundry, Storage, Private Deck, Balcony, Outdoor Space, Garden, Patio, Dining Room, Multi Level, Loft, Furnished, Dishwasher, Washer, Hardwood, High Ceilings, Renovated, Marble Bath, Granite Kitchen, Light
 
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Description

Contemporary, urban Bed & Breakfast Inn features five guest rooms and five private bathrooms. Inn was completely renovated in 2006 and has an amazing, contemporary feel. Occupancy exceeds 70% on average and room rates average $145 per night. Well established clientele. Gross revenues exceed $190K annually. Inn includes wonderful landscaped courtyard, two car garage, separate office and multi-purpose room.



Owners residence is a two bedroom, 2 bathroom, 2000 square foot loft-like space that is unique for entertaining. See photos.

B&B Inn web site: www.House5863.com. The inn is one of only a handful of B licensed by the City of Chicago.

Sale includes business name, business license, customer lists, all furnishing and fixtures.

Contact Agent

Property Contact
Erickson Ocasio
[email protected]
Phone:773-856-6200
Cell:773-856-6200
Fax:773-856-6201
Property Contact
iMove Sales
[email protected]
Phone:773-856-6200
Cell:773-856-6200
Fax:773-856-6201

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