$185,000
3930 W School Street
Chicago, IL, 60618
Business Only For Sale – Rarely available European Sports Bar and Cafe in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $315K. Video gaming was recently added to increase potential revenue. Monthly rent is $4,000 per month and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF. Please do not disturb existing business, but feel free to patronize the establishment. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses can be transferred via short term management agreement until new licenses are issued. There is no real estate for sale with this listing.
Property Details
Price:
$185,000
MLS #:
MRD12055087
Status:
Active
Beds:
0
Baths:
0
Address:
3930 W School Street
Type:
Business
Neighborhood:
CHI – Avondale
City:
Chicago
Listed Date:
May 13, 2024
State:
IL
Finished Sq Ft:
1,447
Total Sq Ft:
1,447
ZIP:
60618
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2022
Taxes
$6,150
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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3930 W School Street
Chicago, IL
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