Turn-Key Bar/Night Club For Sale in Archer Heights
No Longer Available For Sale
5147 S. Archer Ave.
Chicago, IL 60632
3,950 SF
Restaurant, night club, apartment
The Details
• 3,950 SF three unit mixed-use building
• Corner bar/restaurant with kitchen
• Nightclub space
• Recently remodeled 3 BR, 1 BA apartment – leased for $800/mo. thru July 2015
• Detached two car garage on site
• Liquor and business licenses included
• Traffic Count: 18,600 vehicles per day
• Land Area: 5,457 SF
• Zoning: B3-1, Midway height restrictions
• Part of 51st/Archer TIF
• Taxes (2013): $5,006
This 3,950 square foot mixed-use building is divided into three units. Currently the space is built out as a corner bar/restaurant, a nightclub, and a 3 bed apartment. The apartment is currently leased for $800 per month. A liquor and business licenses are included in sale, creating opportunities for operators looking for a turn-key business space or investors looking to add value.
This highly visible location is passed by 18,600 cars per day, making this a great location for a neighborhood bar/club or restaurant. There is ample street parking available for customers and it is a short distance away from the CTA.