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    Schorsch Village Hall For Sale Title is generated by Realmo AI

    6940 W Belmont Avenue, Chicago, IL 60634

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    For Sale
    $419,999

    Well-maintained community hall with rental business included.

    Type:Commercial
    Property size:
    2,800 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $149/SF
    Added:
    Jan 24, 2025
    Days on Market:
    503
    Last Refresh:
    Apr 5 at 9:16 pm

    Property Features for 6940 W Belmont Avenue

    General Information

    Standard status
    Active
    Size
    2,800 SF
    Lot size
    0.11 Acres
    Property subtype
    Commercial

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    Listing Contact
    APRIL KIBLER
    APRIL KIBLER

    Listing agent APRIL KIBLER License #475135467

    Listing office COLDWELL BANKER REALTY

    Listing date Jan 24, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

    HighLights

    • Established hall rental business included, generating approximately $100,000 annually with potential for growth.
    • Large 2800 sq ft community hall with full kitchen, bar, and restrooms.
    • Recent updates: New roof (2023), new thermostat (2024), A/C repairs (2024), and new furnace (2024).
    • Well‑maintained property since 1957.
    • Option to purchase real estate only for $369,000 or including the business for $419,000.
    • Parking lot in rear for approximately 8 cars.

    Overview

    The Schorsch Village Hall, located at 6938-40 Belmont, is a 2800 square foot community hall that has been well-maintained by the community since 1957. It features a full kitchen, storage area, a full-size bar, men's and ladies' restrooms. Recent updates include a new roof in 2023, a new thermostat and A/C repairs in 2024, new flooring and ceiling in 2017, and a new furnace in 2024. The hot water heater was installed in 2009. The hall rental business, which generates approximately $100,000 annually with rentals only on Fridays, Saturdays, and Sundays, is included in the asking price. There is potential for a new owner to expand the business by offering more options. The booked business for 2025 is included with the sale. The property includes a parking lot in the rear with space for about 8 cars. The total land square footage is 4992, with dimensions of 37 x 135.
    Location Intelligence

    Current Use by Public Records

    Schorsch Village Improvement ... Village Hall Schorsch Village Hall ... Wedding Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7998
    Latitude
    41.9383

    FAQs

    What type of property is this?
    Wedding venue - Well-maintained community hall with rental business included.
    Where is this wedding venue located?
    The property is located at 6940 W Belmont Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $419,999.
    What are key features of this property?
    This property features: Established hall rental business included, generating approximately $100,000 annually with potential for growth.; Large 2800 sq ft community hall with full kitchen, bar, and restrooms.; Recent updates: New roof (2023), new thermostat (2024), A/C repairs (2024), and new furnace (2024).
    More about this property
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