Confidential, IL 99999,Address not disclosed
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Vic Melecio

Vic Melecio

LPT Realty

+1(312) 725-0025
$ 2,200,000
Est. payment | /mo

22,810 SqFt


Save
$ 2,200,000
Est. payment | /mo
Save

22,810 SqFt

Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 22,810 sqft

Price per Sqft $96

MLS Listing ID 12123978

Tax Year 2022

Lot Dimensions 73X125

Property Description

Exciting Investment Opportunity: Mixed-Use Property with Established Bar, Apartments, and Redevelopment Potential Discover a unique chance to acquire a thriving mixed-use property featuring a well-established bar, six residential apartments, and a five-car garage. This property has been home to a successful bar for over 40 years, demonstrating exceptional income potential and operational excellence. Key Features: Bar: Recently expanded to enhance the patron experience, the bar comfortably seats over 225 guests, making it perfect for large events and gatherings. The fully-equipped bar includes a walk-in basement for additional storage. Apartments: Six well-maintained residential units provide steady rental income. Garage: Five-car garage offering convenient parking. Redevelopment Opportunity: Potential to add two additional stories for more apartments, increasing income potential. Confidentiality Commitment: We ensure the highest standards of confidentiality. All interested parties will be carefully vetted. Financial disclosures and property showings will be conducted with discretion. Showings are by appointment only and will be arranged to respect the current ownership's schedule, ensuring minimal disruption to the business. Turnkey Solution: This property offers a turnkey solution for an owner-operator seeking a lucrative, well-established business with a significant market presence. For further details and to schedule a confidential viewing, please contact the listing agent at. Note that the listing agent must be present for all showings, with scheduling coordinated to accommodate the current ownership's privacy.

Location

State IL

County Cook

Area Confidential Commercial Listings

Zoning OTHER

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Bus / Bus w/Real Est

Level or Stories 3

Structure Type Brick,Concrete

Midwest Real Estate Data (MRED) IDX
Listed by Andrzej Olszowka • Arc Red Inc Arc Realty Group

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