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5901 W Lawrence Avenue

Chicago, IL 60630
  • $850,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 11647135
$850,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

Tavern/Restaurant Business with Real Estate Sale! This long-standing Jefferson Park Tavern/Restaurant is being offered along with the 13,400sf of total land it sits on. Tavern License and Retail Food License included in the sale. Subject property consists of two massive lots altogether. The structure is 3,475sf with the Tavern currently occupying 2,435sf along with a 1,040sf attached adjacent space that can be used for additional seating, private parties, processing carry-out orders, or a completely separate storefront to rent out for additional income. The main area layout features classic Chicago tin ceilings, hardwood flooring, camera security system, an ADA ramp leading to a raised seating area with a gas fireplace, and an additional raised area perfect for live music or buffet/catering. The bar features a wooden, custom-built shape currently with 12 beer taps with enough space to double or triple the amount taps, along with tons of space to display and store spirits. Large men's and women's restrooms in the main space with multiple stalls. The full kitchen features a 15' hood with Ansel system, two fryers, a griddle top, large range with oven, plenty of prep space, under counter refrigerator along with a reach-in, 3-compartment sink and hand wash sink. The huge basement features a large ice machine, the first walk-in cooler in front, tons of storage and possible office space, soda syrup taps, deep freezer, a massive rear walk-in beer cooler to house the kegs, along with multiple egress points from the basement for easy handling of deliveries. There's an abundance of outdoor seating with a side patio and a huge rear patio. There's also potential for 20 off-street parking spaces along with a trash enclosure and storage shed. Great accessibility here with the Metra station in close proximity along with multiple bus stops. Nearby Norridge Commons offers National brands like Amazon Fresh, Best Buy, Target, along with nearby local businesses such as Butera Market, Video Land, Earl's BBQ, Joe's Pizza, and many more.

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© 2022 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 2022-12-07T23:58:07.603 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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5901 W Lawrence Avenue Chicago, IL 60630

  • Price: $850,000
  • Status: Active
  • On Site: 62 Days
  • MLS #: 11647135
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - Portage Park
County:
Cook
Area:
Chi - Portage Park
Property Description
Tavern/Restaurant Business with Real Estate Sale! This long-standing Jefferson Park Tavern/Restaurant is being offered along with the 13,400sf of total land it sits on. Tavern License and Retail Food License included in the sale. Subject property consists of two massive lots altogether. The structure is 3,475sf with the Tavern currently occupying 2,435sf along with a 1,040sf attached adjacent space that can be used for additional seating, private parties, processing carry-out orders, or a completely separate storefront to rent out for additional income. The main area layout features classic Chicago tin ceilings, hardwood flooring, camera security system, an ADA ramp leading to a raised seating area with a gas fireplace, and an additional raised area perfect for live music or buffet/catering. The bar features a wooden, custom-built shape currently with 12 beer taps with enough space to double or triple the amount taps, along with tons of space to display and store spirits. Large men's and women's restrooms in the main space with multiple stalls. The full kitchen features a 15' hood with Ansel system, two fryers, a griddle top, large range with oven, plenty of prep space, under counter refrigerator along with a reach-in, 3-compartment sink and hand wash sink. The huge basement features a large ice machine, the first walk-in cooler in front, tons of storage and possible office space, soda syrup taps, deep freezer, a massive rear walk-in beer cooler to house the kegs, along with multiple egress points from the basement for easy handling of deliveries. There's an abundance of outdoor seating with a side patio and a huge rear patio. There's also potential for 20 off-street parking spaces along with a trash enclosure and storage shed. Great accessibility here with the Metra station in close proximity along with multiple bus stops. Nearby Norridge Commons offers National brands like Amazon Fresh, Best Buy, Target, along with nearby local businesses such as Butera Market, Video Land, Earl's BBQ, Joe's Pizza, and many more.
Exterior Features

Lot Size .25-.49 Acre Parking Total 20

Interior Features

Cooling Central Individual Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN Yes Adjusted Net Income 200000 Adjusted Net Income Year 2021 Annual Rent For Real Estate 0 Building Area Total 3475 Business Age Unknown Business Type Bar/Tavern/LoungeFood & BeverageRestaurant Gross Profit Year 2021 Gross Sales Annual 500000 Gross Sales Annual Year 2021 Mls Actual Status Active Operating Expense 100000 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentTrade FixturesInventoryBusiness Name Tax Annual Amount 17153 Tax Year 2020 Tenant Pays Other Type Bus / Bus W/Real Est Type Of Lease None

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties Commercial: 312-506-0200.


© 2022 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 2022-12-07T23:58:07.603 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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