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324-26 W. Chicago Ave. 324-326 W Chicago Ave

12,500 SF Retail Building Chicago, IL 60654 For Sale

Investment Highlights

  • Visit us at kudangroup.com for more info on this listing and similar offerings, including virtual tours and pictures.
  • Join our Facebook group page Hospitality Resource Hub to connect with other industry professionals and receive info on relevant news. Click link below
  • Subscribe to our email list and receive the latest offerings, listing updates and industry information. Sign up through our website or click the link.

Executive Summary

Two-story property with business located just blocks from of the proposed Bally’s Casino and acclaimed filming location of The Bear, Mr. Beef. The sale includes a fully fixured and licensed former lounge, with a sprinkler system, exposed glass elevator and multiple ingress/egresses. The former lounge has 4 levels of occupancy, which consists of two bars, dining and a dance floor on the main floor; a commercial kitchen and private lounge on the second floor; and a unique rooftop bar with skyline views. The basement houses a coat check, restrooms, and ample storage for walk-in coolers and employee lockers.
Visit our website at kudangroup.com or refer to the links below for more info on this listing and other hospitality offerings, including restaurants, bars/taverns, entertainment venues, breweries, dispensaries and much more. Stay in the know and receive current updates, new offerings and relevant industry info and events by joining our email list and private Facebook Group page.

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £42,064
Annual Per SF £3.37

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
12,500 SF
Building Class
B
Year Built
1889
Tenancy
Single
Number of Floors
2
Building FAR
1.98
Lot Size
0.14 AC
Zoning
C1-5, Chicago
Frontage
49 ft on Chicago Ave

Amenities

  • Signage
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (90)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CrossFit
Chase Bank
Starbucks
[solidcore]
Egg Harbor Cafe
Life Time Fitness
Veeno
Bank of America
Yolk
CorePower Yoga

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-04-444-003-0000
Land Assessment
£62,600 (2024)
Improvements Assessment
£163,567 (2024)
Total Assessment
£226,167 (2024)
  • Listing ID: 32893591

  • Date on Market: 20/08/2024

  • Last Updated:

  • Address: 324-326 W Chicago Ave, Chicago, IL 60654

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