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Active

Private Address

$2,900,000


$446.15 per sqft

Active

6,500 sqft

Commercial

Courtesy of Coldwell Banker Realty

This offering is an exciting opportunity: an esteemed 6,500sf restaurant and entertainment venue. This exclusive listing presents a rare chance to acquire a distinguished restaurant and entertainment establishment with a robust 20+ year track record of success. The offering encompasses the entire property, including a spacious 6,500 sq. ft. building situated on a prime commercial corner. Sale includes the building, state-of-the-art kitchen with all the equipment, stylish furniture, and essential licenses (gaming and liquor). The entertainment space has been recently expanded to enhance patron experience. The restaurant comfortably seats over 225 guests, catering to large events and gatherings. There is a sizable fully-equipped kitchen with walk-in coolers and a dedicated bakery section. The business demonstrates exceptional income potential backed by decades of operational excellence. Confidentiality Commitment: We uphold the highest standards of confidentiality. Interested parties will be vetted, and all discussions, including financial disclosures and property showings, will be conducted with utmost discretion. Showings are by appointment only, arranged to suit the current ownership's schedule, ensuring minimal disruption to the ongoing business. The property also boasts recent upgrades, including a new roof and updated equipment, ensuring a turnkey solution for the new owner. This opportunity is ideal for an owner-operator seeking a well-established, income-generating business with a significant presence in this market. For further details and to arrange a confidential viewing, please contact the listing agent. Note that the listing agent must be present for all showings, and scheduling will be coordinated to accommodate the current ownership's privacy requirements.

11966905

MLS ID

February 12, 2024

Listed

November 25, 2024

Updated

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

1.3 Acres

Other Property Details

Area Name

Confidential Commercial Listings


Days on Market

189


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

7/12/2024

Price change

$2,900,000

-10%

5/31/2024

Price change

$3,200,000

-6%

5/3/2024

Price change

$3,390,000

-16%

Courtesy of Coldwell Banker Realty, Charles Groebe,
Listing Contact: 312-981-5500 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Krystal Heredia are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:43 PM UTC, 11/25/2024

 

 

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