No Address

Chicago, IL 60621

  • 4 Bed(s)
  • 2 Bath(s)
  • 0 Sqft
$205,000

Description

Attention all investors and developers. Here is an opportunity to continue on what the current owner has taken over fifteen years to develop. This commercial multi-use property located at the corner of 69th Street and Morgan in Chicago has an established and on going bar at street level. On the second floor there are two large two bedroom and one bath apartments. There is a front and rear entrance to access the second floor units from outside. This turn key operation has existing tenants in the apartments, and a regular clientele that frequents the business. Located in Cook County, it currently enjoys extremely low property taxes. The property is in excellent condition and has the following recent additions and improvements. This all brick two story has a new wood deck at the rear of the building, and a recent furnace and roof. The bar will include four coolers, an ice machine, 60 bar stools, nine wall mount tables, two serving bars, a large front bar, and a smaller back bar. There is an enclosed DJ booth completely wired and ready to go. The room has four ceiling fans, two air conditioning units, two upright fans, five neon signs, and a number of mirrors highlight the decor. The liquor inventory, utensils, glasses, sinks, tools, fountains, and supplies that exists at the time of sale will be negotiated. All equipment has been well maintained and is in good working condition. The owner will provide a history of the building and business equipment maintenance, and what has been required to operate the business successfully. Here is a great opportunity to step in and take over an established business. Take the virtual tour at www.buyowner.com and enter C H I 13357.

  • PROPERTY TYPE

    Commercial Property
  • County

    Cook
  • FULL BATHS

    2
  • YEAR BUILT

    --
  • LIVING AREA SIZE

    --
  • FLOORS

    --
  • GARAGE

    None
  • AD ID

    38737383
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Property Details

  • Property Features

    Features
    • Wood Floors
    Appliances
    • Security System
    Water Type
    • River
    • Separate Entrncs
    • Air Conditioned
    • Multi-Use Property
    • Bar Downstairs
    • Two 2 Bedroom Apts Upstairs
    • Ice Machine
    • Four Coolers
    • Fifty Eight Bar Stools
    • Wood Floors
    • Fenced Yard
    • Security System
    • Basement (Unfinished)
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Contact Owner

773-842-9333

Learn More about this Property
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