Brianna Bowman
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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
Property Highlights
Property Type: Commercial - Investment
Building Description: 1.0 stories
General Information
County: Cook
Listed By:
Skydan Real Estate Sales, LLC
708-450-0110
MRED MLS
MLS ID: 12689176
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1203 Cicero Avenue, Cicero, IL 60804.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $300,000 | $300,000 | $300,000 |
| Down Payment | $60,000 | $10,500 | $75,000 |
| Monthly Mortgage Amount | $1,458 | $1,790 | $1,853 |
| Taxes | $418 | $418 | $418 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $132 | $0 |
| Monthly Estimated Total | $1,976 | $2,440 | $2,371 |
Brianna Bowman
REALTOR®
Cell: (319) 217-8974
Licensed in IA
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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