See Home Value
$3,800,000
● House - Off Market

5555 W 70th Place

Bedford Park, IL 60638
bedrooms
Studio
bathrooms
0 Bath
$41,506
Est. Monthly
-6.63%
Cap Rate

About This Property

Fully built out & immediately available Gentlemen's Club. 42,300 Sq Ft building on 3.25 acre lot with 252 parking spaces freshly sealed & striped. Legal occupancy 673 within 15,000 sq ft main club area. 2 Full Bars, separate private party space with Dance Floor, VIP Booths, DJ Booth, Multi-Level tiered seating & VIP Booths. Inner stage area surrounded by Pool & plenty of additional seating. Multiple Private rooms just off main floor. Full Kitchen with prep area & coolers. Office wing with 5 Private offices & private bathrooms. Dressing Room with 140 Lockers & private baths & showers. Multiple secure storage rooms, communications room & Mechanical Rooms. 10,000 Sq Ft of heated Warehouse space with overhead door for loading. Only 3.3 Miles to Midway Airport & 2.3 Miles to Main Hotel Block serving Midway Airport present an incredible opportunity.
Unit Size
-
Days on Market
-
Land Size
3.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$22,847
HOA Dues
-
Year Built
1977

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12015919)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Sold
Aug 22, 2024 In contract -
In contract
Mar 28, 2024 Listed by Realty Executives Premier Illinois $3,800,000
Listed by Realty Executives Premier Illinois

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 143,748
  • Total Building Area: 42,300
  • Gross Building Area: 42,300
  • Building Area: 42,300
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 42,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: CENTRAL 70
  • Land Acres: 0000003300
  • Standard Land Use Code: 2043
  • County Land Use Code: 5-17
  • Legal Description 1: (CENTRAL)(70) SUB IN SH SEC 21-38-13

Neighborhood

  • School District Name: Burbank School District 111
  • Census Tract: 820901

Geography

  • District: 36
  • Parcel: 19-21-302-001-0000
  • Lot: 9
  • Meridian: SEC 21 TWN 38N RNG 13E
  • Municipality: STICKNEY
  • Latitude: 41.7641
  • Longitude: -87.7604

    Address

  • Full Address: 5555 W 70th Pl
  • Address - House Number: 5555
  • Street Direction: W
  • Address - Street Name: 70th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C009
  • 4-Digit Zip Code: 6325
  • Zip Code: 60638

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $36,503,351
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 36020

    Market Valuation

  • Market Total Value: $4,466,000
  • Market Land Value: $574,816
  • Market Improvement Value: $3,891,184

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,116,500
  • Assessed Land Value: $143,704
  • Assessed Improvements Value: $972,796

    Sales

  • Current Sale Contract Date: May 14, 2004
  • Current Sale Recording Date: May 21, 2004
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 0414239101
  • Previous Sale Recording Date: Nov 10, 1997
  • Previous Sale Contract Date: Sep 30, 1997
  • Previous Sale Amount: $91,000
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bedford Park


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Frequently Asked Questions

When was property at 5555 West 70th Place built and last sold?
The property at 5555 West 70th Place was built in 1977 and last sold on May 14, 2004 for $1,534,000.
How much is this home worth?
The estimated value of the home located at 5555 West 70th Place is $0.
What are some comparable homes to 5555 West 70th Place?
There are currently no comparable homes to 5555 West 70th Place.