Opportunity Knocks!! Build New or Renew! Corner Property Consists of Two Parcels. Land and Building in Great Location Surrounded by High Density Industrial and Office Buildings With Frontage On High Volume Traffic Oakton Street. Classic Corner Eatery Existing Breakfast and Lunch Diner Business Can Possibly be Acquired and Has Been a Local Favorite for Over 50 Years. Turn-Key Ready But Could Use a Fresh Perspective and Updating. Table and Counter Seating for Over 50 Customers. Price Includes Land, Building, All Restaurant Trade Fixtures & Equipment Excluding Leased Equipment. Two Restrooms & Two Parking Lots.
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Skokie is Chicago’s neighbor to the north, offering the culture of the city with the conveniences of suburban living. An excellent place for families, Skokie boasts a strong art and cultural scene, a bustling downtown area and an active park district.
*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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