$ 185,000
3930 W School ST Chicago, IL 60618
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$ 185,000
Est. payment | /mo
1,447 SqFt
$ 185,000
Est. payment | /mo
1,447 SqFt
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 1,447 sqft
Price per Sqft $127
MLS Listing ID 12055087
Annual Tax Amount $6,150
Tax Year 2022
Lot Dimensions 32X54
Property Description
Business Only For Sale - Rarely available European Sports Bar and Cafe in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $315K. Video gaming was recently added to increase potential revenue. Monthly rent is $4,000 per month and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF. Please do not disturb existing business, but feel free to patronize the establishment. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses can be transferred via short term management agreement until new licenses are issued. There is no real estate for sale with this listing.
Location
State IL
County Cook
Area Chi - Avondale
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est
Level or Stories 1
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mikus Kins • Be Realty, LLC
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Lenny Feil
Broker-Owner | Lic# 471005412