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2434 W Montrose Avenue,  Chicago IL, 60618

Sold Price:
7,000 sqft
Status: Sold
MLS#: 09181642
Last Updated: 3/21/2018 4:55 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.
Sold Price:
Sold Date:03/28/2017
7,000 (approx)
Listing Information
Property Type: Retail, 1 Story
7,000 (approx) $27 1
Room Information
Interior Features
Central Air
Exterior / Lot Features
58 X 125
Driving Directions
One block west of Western on Montrose
Financial Considerations
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60618 has a population of 2,720,546.

The median household income in Chicago, Illinois 60618 is $47,831. The median household income for the surrounding county is $54,828 compared to the national median of $53,482. The median age of people living in Chicago 60618 is 33.4 years.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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