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420 W Diversey Parkway

Chicago, IL 60614
  • $199,000
  • STATUS: Active
  • ON SITE: 245 Days
  • MLS #: 11040853
UPDATED: 63 min ago
$199,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 75,000
    SQFT
  • $3
    $/SQFT
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

5,400 SF Tavern & Grille located on Diversey, just steps from Sheridan Road and Diversey Harbor. Surrounded by high rise residential development, heavy pedestrian traffic and strong household incomes. Existing business since 1998, full renovation six years ago. Front windows open up, accordion style, to provide additional air flow. Front Bar, seats 16 W/ 24 draft lines; Main Room Bar, seats 18 w/ 34 draft lines; Side Bar, seats 8 and 16 draft lines. Full DJ set up with existing sound system and stage for bands or dancing. Licenses include Retail Food, PPA (ability to charge cover for live entertainment) and Incidental Liquor. Comes with a fully equipped TOAST POS system, all the equipment has been paid off. Large Kitchen space with existing 16ft hood, three compartment sink, two walk in coolers and one walk in freezer Full equipment list available upon request; Ice Machine and Dishwasher are leased. Two ADA bathrooms in the front and two larger bathrooms in main room; Fully equipped security system and cameras; 200 AMP electrical; Occupancy: 299. 0.6 Miles to the Diversey Brown/Purple Line Train Station, easy access to the Lake Shore Drive, multiple bus stops and Divvy stations. Area tenants include: Compass Bar, Galway Bay, Adels Hair Salon, Klein's Bakery & Cafe II, Derno's, 7 Eleven, Yolk, Go Grocer, Turkitch - Turkish Kitchen, AMITA Health Saint Joseph Hospital and much more. PLEASE DO NOT DISTURB EMPLOYEES AND DO NOT GO WITHOUT SPEAKING TO LISTING AGENT.

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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 2021-12-04T07:05:04.927 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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420 W Diversey Parkway Chicago, IL 60614

  • Price: $199,000
  • Status: Active
  • On Site: 245 Days
  • Updated: 63 min ago
  • MLS #: 11040853
0
Beds
0
Baths
0
½ Baths
N/A
Acres
75,000
SQFT
$3
$/SQFT
Neighborhood:
Chi - Lake View
County:
Cook
Area:
Chi - Lake View
Property Description
5,400 SF Tavern & Grille located on Diversey, just steps from Sheridan Road and Diversey Harbor. Surrounded by high rise residential development, heavy pedestrian traffic and strong household incomes. Existing business since 1998, full renovation six years ago. Front windows open up, accordion style, to provide additional air flow. Front Bar, seats 16 W/ 24 draft lines; Main Room Bar, seats 18 w/ 34 draft lines; Side Bar, seats 8 and 16 draft lines. Full DJ set up with existing sound system and stage for bands or dancing. Licenses include Retail Food, PPA (ability to charge cover for live entertainment) and Incidental Liquor. Comes with a fully equipped TOAST POS system, all the equipment has been paid off. Large Kitchen space with existing 16ft hood, three compartment sink, two walk in coolers and one walk in freezer Full equipment list available upon request; Ice Machine and Dishwasher are leased. Two ADA bathrooms in the front and two larger bathrooms in main room; Fully equipped security system and cameras; 200 AMP electrical; Occupancy: 299. 0.6 Miles to the Diversey Brown/Purple Line Train Station, easy access to the Lake Shore Drive, multiple bus stops and Divvy stations. Area tenants include: Compass Bar, Galway Bay, Adels Hair Salon, Klein's Bakery & Cafe II, Derno's, 7 Eleven, Yolk, Go Grocer, Turkitch - Turkish Kitchen, AMITA Health Saint Joseph Hospital and much more. PLEASE DO NOT DISTURB EMPLOYEES AND DO NOT GO WITHOUT SPEAKING TO LISTING AGENT.
Exterior Features

Parking Total 0

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2019 Annual Rent For Real Estate 0 Building Area Total 75000 Business Age 11+ Years Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Chicago Gross Profit Year 2019 Gross Sales Annual 0 Gross Sales Annual Year 2019 Operating Expense 0 Property Offered For Sale Only Real Estate Included No Sale Price Includes BusinessLicense/PermitEquipment Tax Annual Amount 0 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatScavengerSewer Type Bus / Bus W/Real Est Type Of Lease Gross Lease Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Commercial.


© 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 2021-12-04T07:05:04.927 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