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3937 N Lincoln Avenue

Chicago, IL 60613
  • $2,050,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 11244387
UPDATED: 18 min ago
$2,050,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Pleased to present the exclusive listing for this North Center building together with the established bar and restaurant business commonly known as Brownstone Tavern and Grill. The building and business is located at 3937 N. Lincoln Avenue Chicago, Illinois 60613. The building is fully occupied with a mix of two new construction residential units and the ground floor bar concept. The business offering consists of approximately 2,500 square feet of ground floor space with an interior occupancy of 99 plus additional outdoor seating for 68. The business also has the exclusive use of a full basement for office, storage and refrigeration. The business holds transferrable licenses which include, incidental liquor and retail food licenses. The open and spacious floor plan would lend itself to a number of different layouts and would be very easy space to adjust into a variety of unique restaurant or bar concepts. Perfect location and concept for a hands on owner/operator.

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2021-11-28T18:58:49.29 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3937 N Lincoln Avenue Chicago, IL 60613

  • Price: $2,050,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 18 min ago
  • MLS #: 11244387
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - North Center
County:
Cook
Area:
Chi - North Center
Property Description
Pleased to present the exclusive listing for this North Center building together with the established bar and restaurant business commonly known as Brownstone Tavern and Grill. The building and business is located at 3937 N. Lincoln Avenue Chicago, Illinois 60613. The building is fully occupied with a mix of two new construction residential units and the ground floor bar concept. The business offering consists of approximately 2,500 square feet of ground floor space with an interior occupancy of 99 plus additional outdoor seating for 68. The business also has the exclusive use of a full basement for office, storage and refrigeration. The business holds transferrable licenses which include, incidental liquor and retail food licenses. The open and spacious floor plan would lend itself to a number of different layouts and would be very easy space to adjust into a variety of unique restaurant or bar concepts. Perfect location and concept for a hands on owner/operator.
Exterior Features

Frontage Type City Street Lot Size Less Than .25 Acre Outdoor Parking 1-5 Spaces Parking Total 3 Waterfront YN No

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SPrivate Restroom/SPublic Restroom/SStorage Inside

Property Features

Additional Parcels YN No Adjusted Net Income 999 Adjusted Net Income Year 2020 Annual Rent For Real Estate 999 Building Area Total 4863 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Chicago Current Use Commercial Electric Service - 201 To 600 Amps Gross Profit Year 2020 Gross Sales Annual 999 Gross Sales Annual Year 2020 Location Mixed Use Area Operating Expense 999 Ownership Types Corporation Possible Use Liquor License Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentTrade FixturesBusiness Name Tax Annual Amount 18821 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewer Type Bus / Bus W/Real Est Type Of Lease NoneNet Lease Utilities Electric To SiteGas To SiteSanitary SewerWater To Site Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Sperry Van Ness.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Touchstone Group. Based on information submitted to the MRED as of 2021-11-28T18:58:49.29 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Touchstone Group
2308 W North Avenue #C1
Chicago IL, 60647