1224 W Webster Avenue, Chicago IL 60614 Photo 1 1224 W Webster Avenue, Chicago IL 60614 Photo 2 1224 W Webster Avenue, Chicago IL 60614 Photo 3 1224 W Webster Avenue, Chicago IL 60614 Photo 4 1224 W Webster Avenue, Chicago IL 60614 Photo 5 1224 W Webster Avenue, Chicago IL 60614 Photo 6 1224 W Webster Avenue, Chicago IL 60614 Photo 7 1224 W Webster Avenue, Chicago IL 60614 Photo 8 1224 W Webster Avenue, Chicago IL 60614 Photo 9 1224 W Webster Avenue, Chicago IL 60614 Photo 10 1224 W Webster Avenue, Chicago IL 60614 Photo 11 1224 W Webster Avenue, Chicago IL 60614 Photo 12 1224 W Webster Avenue, Chicago IL 60614 Photo 13 1224 W Webster Avenue, Chicago IL 60614 Photo 14 1224 W Webster Avenue, Chicago IL 60614 Photo 15 1224 W Webster Avenue, Chicago IL 60614 Photo 16 1224 W Webster Avenue, Chicago IL 60614 Photo 17 1224 W Webster Avenue, Chicago IL 60614 Photo 18 1224 W Webster Avenue, Chicago IL 60614 Photo 19 1224 W Webster Avenue, Chicago IL 60614 Photo 20 1224 W Webster Avenue, Chicago IL 60614 Photo 21 1224 W Webster Avenue, Chicago IL 60614 Photo 22 1224 W Webster Avenue, Chicago IL 60614 Photo 23 1224 W Webster Avenue, Chicago IL 60614 Photo 24 1224 W Webster Avenue, Chicago IL 60614 Photo 25
Listing Courtesy of Jameson Commercial

No driving directions were found. Please adjust your search.

1224 W Webster Avenue - Derby is at the northeast corner of Webster and Magnolia; it is Lincoln Park's premier sports bar. The business consistently grosses over 2 M in sales with a corporate profit. There are two contiguous lots with over 52 feet of frontage on Webster Avenue containing a 3 story corner building with 4 residential rental units on the 2nd and 3rd floors, and an adjacent lot which has both an open air and a year round beer garden. There is a turn-key kitchen with many extras; all FF&E included. The total legal occupancy of Derby is 239 persons. The first floor has 4,903 square feet with a lower level of 2,197 for a total business square footage of 7,100 square feet. 5 Washrooms. This listing is for sale two ways: 1) business with real estate and 2) business-only with a 10 year Net lease with options. Proof of funds is mandatory prior to scheduling a showing. Do Not Disturb the Employees.

Listing information

  • MLS® ID: 09200170
  • Stories: 3
  • Foreclosure: No
  • Style: Business
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $36,233
  • Status: Active
  • New Construction: No
  • County: Cook

Features

Air Conditioning Central Air
Business Age 4-6 Years
Business Type Restaurant
Current Use Commercial
Food/Beverage Type Restaurant
Franchisor Feed(y/n) No
Frontage/Access City Street
Heat/Ventilation Central Bldg Heat
Information 48-Hr Notice Required
Known Encumbrances None Known
Living Quarters None
Location Central Business District
Lot Size Less Than .25 Acre
Other Adjusted Net Income - 0, Annual Rent For Real Estate - 0, Approx Land Sq Footage - 7100, Approx Total Bldg Sq Ft - 7685, Business Name (If Confidential, Leave Blank) - Derby, Estimated Tax/Sf - 2.92, Gross Profit - 0, Gross Profit Year - 0, Gross Sales Ann Year - 0, Gross Sales Annual - 0, Inventory Year - 0, Monthly Rental Price - 17000, Net Operating Income Year - 0, Net Profit - 0, Sales Taxes - 0, Sales Taxes Year - 0, Tax Year - 2015, Total Op Exp Year - 0, Zoning Type - Commr
Ownership Type Corporation
Possession Closing
Potential Use Commercial
Property Offered For Sale or Rent
Property Type Bus / Bus w/Real Est
Real Estate Included? (Y/N) Yes
Sale Price Includes Building, Business, Business Name, Customer List, Equipment, Inventory, Land, License/Permit, Phone Number, Trade Fixtures
Sale Terms Conventional
Tenant Pays Air Conditioning, Common Area Maintenance, Cooking Gas, Electric, Heat, Janitorial, Operating Stops, Real Property Taxes, Scavenger, Water/Sewer
Type Of Lease None
Type Ownership (Business) Corporation
Waterfront (Y/N) No
Listing Courtesy of Jameson Commercial