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Listed by Frank Christianoof Skydan Real Estate Sales, LLC
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Est. payment /mo
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
MLS Listing ID 12689176
Annual Tax Amount $999
Tax Year 2023
Lot Dimensions 125x30
Property Sub-Type Bus / Bus w/Real Est
Property Description
Roosevelt Gold Exchange, a trusted local jewelry and watch store in Cicero, Illinois, represents a premier acquisition opportunity due to its established, multi-decade community reputation and a highly lucrative, recession-proof business model. Operating at its high-traffic intersection for over 20 years, the business is for sale primarily due to owner retirement, offering a turn-key operation with an existing, loyal client base and immediate cash flow. Most notably, a strict local town ordinance acts as a powerful barrier to entry, prohibiting any other jewelry stores from opening on Cicero Avenue or near this pre-existing location. This grandfathered legal protection guarantees a hyper-localized monopoly, completely shielding the buyer from nearby corporate or independent brick-and-mortar competition. Property Highlights: Approximately 2,000 SF Attractive lease terms available Fully equipped w/ all diamond, gold testing equipment, work bench and other day by day use equipment. Excellent visibility and accessibility Ample customer parking Turnkey operation with all furniture, fixtures, and equipment included Proof of funds is a must. Also, must sign confidentiality clause, no exceptions. If you see the listing its available. Please don't waste our time and thank you owener financing available
Location
State IL
County Cook
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com