$3,499,000
5616-24 W Diversey Avenue
Chicago, IL, 60639
Seller financing available with a substantial down-payment. Transferable, corporately held Tavern & PPA licenses. Legal occupancy 611 persons within a 10,300 SF nightclub. Impeccable buildout with 3 bars in the main room and a 4th bar in the lounge area. The stage is 29 feet wide X 13.5 feet deep. Ceiling height is 17 feet in the main room with 9-foot ceilings in the lounge area which includes a VIP room; bottle service is offered in both. All FF&E, sound system, lighting, etc. is included. The nightclub building has 75 feet of frontage by 120 feet of depth. The adjacent west side lot (48′ X 120′) has parking for 10+ cars behind the 2,904 SF building (48′ X 60.5′) If valet parked, the lot across Diversey south of the nightclub can park 100 + cars; 125′ X 125′ (15,625 SF). There is a sizeable yearly rental income.
Property Details
Price:
$3,499,000
MLS #:
MRD11783536
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5616-24 W Diversey Avenue
Type:
Business
City:
Chicago
Listed Date:
May 15, 2023
State:
IL
Finished Sq Ft:
13,204
ZIP:
60639
Schools
Interior
Cooling
Central Air
Exterior
Financial
Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.Net Sale Price
Tax Year
2021
Taxes
$69,675
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5616-24 W Diversey Avenue
Chicago, IL
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