2423 N Clark Street, CHICAGO IL 60614 Photo 1 2423 N Clark Street, CHICAGO IL 60614 Photo 2 2423 N Clark Street, CHICAGO IL 60614 Photo 3
Listing Courtesy of Main Street Real Estate Group

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2423 N Clark Street - Busy and booming upscale bar/restaurant in Lincoln Park. Located on one of the busiest streets in Lincoln Park and in one of the city's highest traffic areas. Completely remodeled, full kitchen, private event room, countless flat screen televisions, 2am and 3am liquor license. This bar has great positive cash flow. Owner simply getting out of the business. Owner will gladly help train and/or help ease transition. Seller would consider seller financing! Great investment in a HOT area of Chicago!

Listing information

  • MLS® ID: 09262059
  • Stories: 1
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $11,040
  • Status: Active
  • New Construction: No
  • County: Cook

Features

Air Conditioning Central Air
Business Age 7-10 Years
Business Type Bar/Lounge/Nite Club, Food and Beverage
Confidentiality Or Non-Disclosure Agreement Requir Yes
Franchisor Feed(y/n) No
Heat/Ventilation Forced Air
Information Highly Confidential, Listing Agent Must Accompany, Show-Special Instructions
Known Encumbrances None Known
Other Adjusted Net Income - 175000, Annual Rent For Real Estate - 104160, Approx Land Sq Footage - 4200, Approx Total Bldg Sq Ft - 4200, Gross Profit - 895000, Gross Profit Year - 2014, Gross Sales Ann Year - 2014, Gross Sales Annual - 1250000, Inventory Year - 2015, Net Operating Income Year - 2014, Net Profit - 175000, Sales Taxes - 70000, Sales Taxes Year - 2014, Tax Year - 2014, Total Op Exp Year - 2014, Zoning Type - Commr
Possession Closing
Property Offered For Sale Only
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) No
Sale Price Includes Business, Business Name, Customer List, Equipment, Inventory, Lease Hold Interest, License/Permit, Owner Will Train, Phone Number, Trade Fixtures
Tenant Pays Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Janitorial, Real Property Taxes, Repairs and Maintenance
Type Of Lease Net Lease
Listing Courtesy of Main Street Real Estate Group