$521.54 Per Sq Foot $18,198 est/mo Sourced by Back At You

MLS Number: 11966905

Share with a friend

Description

This offering is an exciting opportunity: an esteemed 6,500sf restaurant and entertainment venue. This exclusive listing presents a rare chance to acquire a distinguished restaurant and entertainment establishment with a robust 20+ year track record of success. The offering encompasses the entire property, including a spacious 6,500 sq. ft. building situated on a prime commercial corner. Sale includes the building, state-of-the-art kitchen with all the equipment, stylish furniture, and essential licenses (gaming and liquor). The entertainment space has been recently expanded to enhance patron experience. The restaurant comfortably seats over 225 guests, catering to large events and gatherings. There is a sizable fully-equipped kitchen with walk-in coolers and a dedicated bakery section. The business demonstrates exceptional income potential backed by decades of operational excellence. Confidentiality Commitment: We uphold the highest standards of confidentiality. Interested parties will be vetted, and all discussions, including financial disclosures and property showings, will be conducted with utmost discretion. Showings are by appointment only, arranged to suit the current ownership's schedule, ensuring minimal disruption to the ongoing business. The property also boasts recent upgrades, including a new roof and updated equipment, ensuring a turnkey solution for the new owner. This opportunity is ideal for an owner-operator seeking a well-established, income-generating business with a significant presence in this market. For further details and to arrange a confidential viewing, please contact the listing agent. Note that the listing agent must be present for all showings, and scheduling will be coordinated to accommodate the current ownership's privacy requirements.

Details

MLS#11966905
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site105
Listing Provided ByColdwell Banker Realty | Charles Groebe

Features

SQ Feet6,500
Story(s)1
ZoningCOMMR

Market Activity 99999

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 3 minutes ago
StateIL
CountyCook
CityConfidential
Zip Code99999
AreaConfidential Commercial Listings
Listing VS Median (in 99999)
Price:
$3,390,000
low | high
Med:
$1,100,000
100% of Average
SqFt:
6,500
low | high
Med:
3,450
96.923076923077% of Average
$ / SqFt:
$522
low | high
Med:
$319
88.865375571801% of Average
On Site:
105
low | high
Med:
422.000000
24.881516587678% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 4:51:09 PM PDT