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    3937 N Lincoln Avenue

    Chicago, IL 60613
    • $2,050,000
    • STATUS: Active
    • ON SITE: 130 days
    • MLS #: 10790133
    UPDATED: 71 min ago
    $2,050,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,863
      SQFT
    • $422
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    SVN Chicago Commercial is 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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    © 2020 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 2020-11-29T09:51:42.36 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
    • Updated: 71 min ago
    • MLS #: 10790133
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    4,863
    SQFT
    $422
    $/SQFT
    Neighborhood:
    Chi - North Center
    County:
    Cook
    Area:
    Chi - North Center
    Property Description
    SVN Chicago Commercial is 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

    Approx Land Sq Footage 2400 Construction Materials Brick Frontage Type City Street Location Mixed Use Area Miscellaneous Outside Handicapped AccessPatio Outdoor Parking 1-5 Spaces Parking Total 3 Waterfront YN No

    Interior Features

    Cooling Central Air Electric 201-600 Amps Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside Handicapped AccessHandicapped Equip Washroom/SPrivate Restroom/SPublic Restroom/SStorage Inside Seating Capacity 76-100Outdoor

    Property Features

    Additional Parcels YN No Adj Net Income Year 2019 Adjusted Net Income 999 Annual Rent For Real Estate 999 Business Age 11+ Years Business Name Brownstone Tavern Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Corporate Limits Chicago Cost Of Goods Sold 999 Cost Of Goods Year 2019 Current Use Commercial Existing Lease Type Net Food Beverage Type RestaurantOther General Information List Broker Must Accompany48-Hr Notice Required Gross Payroll 999 Gross Payroll Year 2019 Gross Profit 999 Gross Profit Year 2019 Gross Sales Ann Year 2019 Gross Sales Annual 999 Inventory 999 Inventory Year 2019 Known Encumbrances First Mortgage Leaseable Area Units Square Feet Living Quarters Other (See Remarks) Lot Size Less Than .25 Acre Lot Size Dimensions 4058 Net Operating Income Year 2019 Net Profit 999 Non- Disclosure Agreement Required YN No Operating Expense 999 Ownership Type Corporation Ownership Type1 Corporation Possible Use Liquor License Property Offered For Sale Only Real Estate Included YN Yes Sale Includes LandBuildingBusinessLicense/PermitEquipmentTrade FixturesBusiness Name Sales Taxes 999 Sales Taxes Year 2019 Tax Annual Amount 18821 Tax Year 2019 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewer Total Operating Expenses Year 2019 Type Bus / Bus W/Real Est Type Of Lease NoneNet Lease Utilities Electric To SiteGas To SiteSanitary SewerWater To Site Zoning Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Sperry Van Ness.


    © 2020 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 2020-11-29T09:51:42.36 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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    4112C Fieldstone Road
    Champaign IL, 61822