3747 Southport Avenue

    Chicago, IL 60613
    • $275,000
    • STATUS: Active
    • ON SITE: 91 days
    • MLS #: 10346417
    UPDATED: 50 min ago
    $275,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,000
      SQFT
    • $31
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Fully improved 3848 square foot bar and restaurant business on Chicago's well know Southport Avenue for sale. The business shares a lobby with the Music Box theater and is in close proximity to a number of additional demand generators. This business is located in one of Chicago's most sought after neighborhoods. Perfect for an owner operator. Favorable below market lease terms.

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    © 2019 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2019-07-17T18:53:00.49 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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    www.centralilhomefinder.com/homes/93769722

    3747 Southport Avenue Chicago, IL 60613

    • Price: $275,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 10346417
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,000
    SQFT
    $31
    $/SQFT
    Neighborhood:
    Chi - Lake View
    County:
    Cook
    Area:
    Chi - Lake View
    Property Description
    Fully improved 3848 square foot bar and restaurant business on Chicago's well know Southport Avenue for sale. The business shares a lobby with the Music Box theater and is in close proximity to a number of additional demand generators. This business is located in one of Chicago's most sought after neighborhoods. Perfect for an owner operator. Favorable below market lease terms.
    Exterior Features

    Approx Land Sq Footage 3848 Construction Brick Frontage Access City Street Location Mixed Use Area Lot Dimensions 75*125 Lot Sq Ft 9375 Number Of Parking Spaces 0 Waterfront YN No

    Interior Features

    Air Conditioning Central Individual Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SPublic Restroom/SStorage Inside Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Owner Projection Adjusted Net Income 999 Ann Rnt Expense Source Owner Projection Annual Rent For Real Estate 85464 Business Age 7-10 Years Business Name Grassroots (Fka) Deleece Business Type Bar/Lounge/Nite ClubRestaurant Corporate Limits Chicago Cost Of Goods Expense Source Owner Projection Cost Of Goods Sold 999 Cost Of Goods Year 2018 Current Use Commercial Electrical Service 201-600 Amps Estimated Cam SF 3 Food Beverage Type RestaurantCateringOtherEthnicFine DiningGrill Gross Payroll 999 Gross Payroll Expense Source Owner Projection Gross Payroll Year 2018 Gross Profit 999 Gross Profit Expense Source Owner Projection Gross Profit Year 2018 Gross Sales Ann Expense Source Owner Projection Gross Sales Ann Year 2018 Gross Sales Annual 999 Heat Ventilation Central Heat/Indiv Controls Inventory 999 Inventory Expense Source Owner Projection Inventory Year 2018 Known Encumbrances None Known Lease Expires 2026-04-16T05:00:00 Lease Type Net Living Quarters None Miscellaneous Outside Handicapped AccessPatio Net Operating Income Year 2018 Net Profit 999 Net Profit Source Owner Projection Possession Closing Potential Use Commercial Property Offered For Sale Only Proprietary Info DemographicsFurniture/Fix/Equip ListLeases-Copies Real Estate Included YN No Sale Terms Conventional Seating Capacity 76-100 Tax Year 2018 Taxes 20928 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceScavengerWater/Sewer Total Op Exp Year 2018 Total Op Expense Source Owner Projection Total Operating Expenses 999 Type Of Lease Net Lease Type Ownership Business Corporation Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Sperry Van Ness.


    © 2019 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2019-07-17T18:53:00.49 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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