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$ 1,650,000
Est. payment | /mo
$ 1,650,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12147343
Year Built 1903
Annual Tax Amount $25,232
Tax Year 2023
Lot Dimensions 25 X 134
Property Description
Rare opportunity to own this iconic Lincoln Park mixed-use building. The property boasts a corporately held Tavern license, ensuring guaranteed commercial occupancy, a coveted asset given the high demand for such licenses. The property consists of ground floor commercial space with basement storage. The commercial space was renovated in 2021 and is occupied by a popular sports bar and restaurant. The space has legal occupancy for a 234 person capacity crowd. The 2nd floor has a 3 bedroom, 1.5 bathroom apartment. The apartment was completely rehabbed in 2020 and is currently occupied by longer-term tenants. The entire property is in excellent condition, both internally and externally, and includes 3 exterior parking spaces in the rear. Excellent transport links close by, with the Diversey Brown Line CTA just 5 minute walk.
Location
State IL
County Cook
Area Chi - Lincoln Park
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick
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Listed by Daniel Pape • HUDSON PARKER
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Taylor O'Neill
License ID: 475178681, 97368-94