Address
5007-09 W Irving Park Road Chicago, IL
Price
$ 1,695,000
Property Attributes
  • MLS#11319182
  • TypeBusiness Op
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodPortage Park
  • Zip60641
  • StyleBar/Tavern/Lounge,Food & Beverage,Restaurant
  • Taxes$ 9849
  • Price$ 1,695,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8674
  • Lot Size6,150 SqFt
Listing Provided Courtesy Of:
Jameson Commercial
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Corporately held transferable Late Night, Tavern, Liquor Music & Dance, and Retail Food Licenses with a Sidewalk Cafe' Permit. Impeccable buildout with 12-foot ceilings. All FF&E is included. Business square footage is 5,783 SF with a prep-certified kitchen in the basement. Two-story mixed-use building on a double lot (50 X 123) in the Portage Park neighborhood. Two second-floor apartments are: 3-bedroom/1 bath and a 2-bedroom/1 bath. Parking for 5 cars in the rear. B3-1 Zoning. 2020 RE taxes: $9,849.76. Building square footage is 8,674 SF. Land square footage is 6,150 SF. Proof of Funds is Required Prior to Scheduling a Showing. DO NOT DISTURB EMPLOYEES

Price History
2/7/2022 Listed $1,695,000

General Features

Additional Parcels Y/N No
Business Name FOUNDATION TAVERN & GRILLE
Business Type Bar/Tavern/Lounge, Food & Beverage, Restaurant
City Chicago
Cooling Central Air, Zoned
County Cook
Days on Market 31
Directions East or West on Irving Park Road to Address
Electric Service - 201 to 600 Amps
Lot Size Square Feet 6150
MLS Area CHI - Portage Park
Possession Closing, Immediate, Tenant's Rights
Property Type Business Opportunity
Property Type Bus / Bus w/Real Est
Standard Status Active
Status Active
Stories 2
Street Name Irving Park
Tax Annual Amount 9849.46
Tax Year 2020
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Scavenger, Tax Stops, Sewer, Varies by Tenant, Gas
Zoning COMMR

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 8674
Lot Dimensions 50X123
Total Parking 5
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60641

Price
AVG $1.35M
$1.7M
Taxes
AVG $19,636
$9,849
Visits
AVG 38
14
Walkscore
AVG 88
85
Data Provided by Walkscore ® not using MLS data