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2434 W Montrose Avenue,  Chicago IL, 60618

7,000 sqft
Status: Contingent
MLS#: 09181642
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Last Updated: 12/10/2016 12:21 PM
Description for 2434 W Montrose Avenue Chicago, IL 60618
7,000 sq ft fully built out, free standing restaurant for sale or lease in Lincoln Square! Full gut renovation in 2014 - previous owner invested over $1.5 million in improvements. 3 full bars, indoor seating for over 150 with additional patio off of Artesian, 80 inch flat screen TVs, state of the art projector and sound system, over $200K of new kitchen equipment with black iron in a 1000 sq ft kitchen. All furniture, fixtures and equipment are included in sale price. Large basement with 3 walk in cold storage areas, office, drain lines, dozens of beer lines and soda lines, ramp for keg delivery , fully equipped with surveillance/security. Current zoning is B3-2, which allows for an additional 3 floors of vertical residential construction. Condos next door are selling for $550K. Total potential sellout of a development project is $4.1 million.
Price
$1,499,000
Cook
7,000 (approx)
09181642
Contingent
Listing Information
Theatre
Property Type: Retail, 1 Story
7,000 (approx) $27 1
Neighborhood
Room Information
Exterior / Lot Features
None
58 X 125
COMMR
Driving Directions
One block west of Western on Montrose
Financial Considerations
13132330330000
$39,774
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60618 has a population of 2,702,471.

The median household income in Chicago, Illinois 60618 is $47,408. The median household income for the surrounding county is $54,648 compared to the national median of $53,046. The median age of people living in Chicago 60618 is 33.1 years.

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Courtesy: @properties Commercial
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