12717 S Halsted Street
Chicago, IL, 60628
$459,900
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0 Baths
0 SqFt
0 Acres
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$459,900
12717 S Halsted Street
Chicago, IL, 60628
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This building, formerly known as Jack’s Lounge a neighborhood bar established in 1968 still holds an active liquor license and business license, both of which will transfer to the potential buyer. The first floor has been completely gutted, framed out, and is ready for drywall installation. The basement features a brand-new 80-gallon commercial hot water tank and updated electrical systems. It also includes a roughed-in bathroom and laundry room. The second floor, previously used as a three-bedroom apartment, has been fully gutted and reframed for a brand-new bathroom and event space. At the rear of the building is a fully approved, fully functional commercial kitchen equipped with a 10-foot hood, freezer, stove, and all necessary fittings, including an exhaust system. This area also includes a full bathroom and an office. The property has been completely re-concreted at the front and back and is fully fenced in and secured. The GFA system includes a coil for central air. Additionally, the city recently replaced all lead pipes with copper piping, extending to the meter box inside the building. All water pipes throughout the property have been updated to copper. All windows in the building are new. Heating is provided by a boiler for the bar and a GFA system for the kitchen. The building, which is over 100 years old, still requires additional rehabilitation to be completed.

Property Details

Price:
$459,900
MLS #:
MRD12254749
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – West Pullman
Listed Date:
Dec 13, 2024
Year Built:
1954
Chi – West PullmanChi – West Pullman

Schools

Interior

Cooling
Central Air

Exterior

Financial

Tax Year
2023
Taxes
$2,115
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Property Summary

    12717 S Halsted Street Chicago IL is a Commercial for sale in Chicago, IL, 60628. It is listed for $459,900 To schedule a showing of MLS#mrd12254749 at 12717 S Halsted Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
12717 S Halsted Street
Chicago, IL