2509 West North AvenueChicago, IL 60647Price: $724,500

  • Price: $724,500
  • 301 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 3,221Square Feet
  • 1933Year Built

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The complete package! A well known and beloved local restaurant/bar with real estate included; outdoor patio garden in back and 2 bedroom apartment above. Here's your opportunity to own a turn-key restaurant & bar operation that is currently making money and can be improved upon with your creative vision! Located on the bustling strip of North Ave. in the middle of 2 popular neighborhoods, Wicker Park and East Humboldt Park, this location received tens of thousands of views every day from vehicles and foot traffic, making for a great restaurant location for your bar/restaurant concept. The current floor-plan includes a 14 seat bar, 8 leather 4-person booths, and a configuration of other high-top tables for a total occupancy of 68 people inside. In the rear there is an enclosed wood deck that comfortable seats an additional 25+ people outside for a total occupancy of 93 people. The kitchen features a 14' black iron hood, 3-compartment dish wash station, additional pre-space and walk-in cooler. There is another cooler system for the draft beer system. Upstairs there is a large 2 bedroom apartment featuring tall ceilings, dine-in kitchen, central heat/AC, in-unit laundry hook-up and a large rooftop deck. Live-in the unit above as you launch your business below or rent it out for additional revenue to lower your monthly budget, etc. All owned (non-rented) furniture, fixtures and equipment is included. Make your concept come to life while owning the real estate with this priced-to-sell opportunity.

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Listed by Philip Higgins of Compass

Based on information submitted to MRED  as of October 4, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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