Iconic Tavern+Liquor Store+Apartment Chicago, IL - Mixed-Use Property! For Sale

Description

Mixed-use property with an operating tavern, liquor store and residential apartment for sale in Chicago, Illinois.

The property consists of two connected freestanding commercial buildings. One operates as a neighborhood sports bar and the other as a liquor store selling beer, wine and spirits.

Property and business components

• Chicago tavern operation
• Liquor store
• Three-bedroom residential apartment above
• Jukebox
• Dartboard
• Pool table
• ATM

The seller reports approximately $3,000 to $5,000 per month in combined revenue from the amusement equipment and ATM.

A video gaming license application is currently in process. Gaming revenue should not be assumed until all required approvals are issued and machines are operating.

The property provides several existing or potential revenue sources, including bar sales, packaged liquor sales, amusement equipment, ATM income and apartment rent.

Buyers should verify property condition, apartment tenancy, historical financials, tavern and liquor licensing, the status of the gaming application, zoning and all applicable Chicago and Illinois transfer requirements during due diligence.

The listing is confidential. Showings are available by appointment only.