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5616-24 W Diversey Avenue

Chicago, IL 60639
  • $3,499,000
  • STATUS: Active
  • ON SITE: 291 Days
  • MLS #: 11783536
UPDATED: 43 min ago
$3,499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Seller financing available with a substantial down-payment. Transferable, corporately held Tavern & PPA licenses. Legal occupancy 611 persons within a 10,300 SF nightclub. Impeccable buildout with 3 bars in the main room and a 4th bar in the lounge area. The stage is 29 feet wide X 13.5 feet deep. Ceiling height is 17 feet in the main room with 9-foot ceilings in the lounge area which includes a VIP room; bottle service is offered in both. All FF&E, sound system, lighting, etc. is included. The nightclub building has 75 feet of frontage by 120 feet of depth. The adjacent west side lot (48' X 120') has parking for 10+ cars behind the 2,904 SF building (48' X 60.5') If valet parked, the lot across Diversey south of the nightclub can park 100 + cars; 125' X 125' (15,625 SF). There is a sizeable yearly rental income.

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© 2024 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-03-02T13:58:53.87 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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5616-24 W Diversey Avenue Chicago, IL 60639

  • Price: $3,499,000
  • Status: Active
  • On Site: 291 Days
  • Updated: 43 min ago
  • MLS #: 11783536
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - Belmont Cragin
County:
Cook
Area:
Chi - Belmont Cragin
Property Description
Seller financing available with a substantial down-payment. Transferable, corporately held Tavern & PPA licenses. Legal occupancy 611 persons within a 10,300 SF nightclub. Impeccable buildout with 3 bars in the main room and a 4th bar in the lounge area. The stage is 29 feet wide X 13.5 feet deep. Ceiling height is 17 feet in the main room with 9-foot ceilings in the lounge area which includes a VIP room; bottle service is offered in both. All FF&E, sound system, lighting, etc. is included. The nightclub building has 75 feet of frontage by 120 feet of depth. The adjacent west side lot (48' X 120') has parking for 10+ cars behind the 2,904 SF building (48' X 60.5') If valet parked, the lot across Diversey south of the nightclub can park 100 + cars; 125' X 125' (15,625 SF). There is a sizeable yearly rental income.
Exterior Features

Lot Size .25-.49 Acre

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced AirGas

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2022 Annual Rent For Real Estate 0 Building Area Total 13204 Business Age 11+ Years Business Type Bar/Tavern/Lounge Corporate Limits Chicago Electric Over 600 Amps Gross Profit Year 2022 Gross Sales Annual 0 Gross Sales Annual Year 2022 Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentTrade FixturesPhone NumberBusiness NameKey Money/Good Will Tax Annual Amount 69675 Tax Year 2021 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceOperating StopsTaxesInsuranceRepairsRoofScavengerSewer Type Bus / Bus w/Real Est Type Of Lease Gross Lease Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Jameson Commercial: 312-216-8000.


© 2024 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2024-03-02T13:58:53.87 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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