5772 S Archer Ave | Chicago, IL 60638
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5772 S Archer Ave
Chicago, IL 60638
Retail Property For Sale
Executive Summary
This established restaurant, bar, and nightclub on Archer Avenue in Garfield Ridge is a rare investment opportunity with a proven track record. Built and in business for 28 years, the venue offers seating for 150 people downstairs and 60 people upstairs. The property is fully equipped with a DJ booth, fully operational kitchen, arcade games, and slot machines, making it a turnkey operation. Located in a high-traffic area with strong visibility, this versatile space is ready to continue its legacy or evolve into something new. Ideal for seasoned operators or investors, this is a chance to own a thriving business in a vibrant neighborhood.
Video: vimeo.com/1002080066/f1f83529f1?share=copy
Video: vimeo.com/1002080066/f1f83529f1?share=copy
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,500 SF
Building Class
C
Year Built
1998
Price
£786,850
Price Per SF
£143
Net Initial Yield
14%
NOI
£110,159
Percent Leased
100%
Number of Floors
2
Building FAR
1.26
Lot Size
0.10 AC
Zoning
B3-1
Parking
15 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Corner Lot
- Restaurant
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 19-09-312-028-0000 | Improvements Assessment | £97,454 |
| Land Assessment | £13,296 | Total Assessment | £110,750 |
PROPERTY TAXES
Parcel Number
19-09-312-028-0000
Land Assessment
£13,296
Improvements Assessment
£97,454
Total Assessment
£110,750
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