1401 W Devon Avenue Chicago IL 60660 | MRD11649568

Tremendous opportunity to own a 3,950 square foot free standing fully equipped award-winning restaurant, with a 3,950 square foot basement (currently used for a prep kitchen, office space, green room, storage and 2 walk in coolers & 1 walk in freezer). Both dining rooms are beautifully decorated & the bar features an original art deco style back bar & matching fireplace surround (double sided) The property can be used for other commercial uses or can be redeveloped into a mixed-use development. The property’s Zoning is B3-2. The building is located on 8,250 (125′ x 66′) square feet of land (lots 1 & 2). Adjacent land parcel totaling 4,166 square feet (125′ x 33′) totaling over 12,400 square feet of land that may be available for purchase to potentially redevelop the entire parcel or to be used for additional parking (lot 3). The building’s roof top is home to the country’s 1st certified organic roof top farm. – M.O.S.A. 2008 The current tenant uses the parking lot for a large year-round licensed beer garden (capacity 114 seating). Alternatively, there is parking for 8 cars on lot 1 & 2 and an additional 20 cars on lot 3. The current tenant has food, incidental liquor license, beer garden & a full public place of amusement license. There is also a state-of-the-art sound system in the back entertainment room. Current occupancy is 145 indoor seats. The property is in Chicago’s Northside Edgewater neighborhood in walking distance to Loyola University, CTA Loyola Red Line Train Stop, Edgewater Beach and recently opened Target store located on Sheridan Avenue. Edgewater was ranked by ‘Money’ web site as the fifth top 50 places to live in the U.S.