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2548 North Southport Avenue, Chicago, IL 60614

$3,600,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 10,800 Sq. Ft.
  • 2 Parking Spaces
  • Updated 3 days ago
2548 North Southport Avenue, Chicago, IL 60614 View this property at 2548 North Southport Avenue, Chicago, IL 60614
2548 North Southport Avenue Chicago IL 60614

Property Description

Existing tavern in great Lincoln Park DePaul neighborhood. Includes six apartments to rehab for a solid value add opportunity. 10,800 sf under roof, plus large 1,920 sf patio and 725 sf walk in cooler. Includes all FF & E for bar and restaurant. Occupancy is 298 patrons (159 inside, 139 patio). Existing business and tavern liquor licenses can be transferred. Existing buildings, restaurant sit on 9,098 sf of land.

Full Property Details for 2548 N Southport Avenue

  • Price: $3,600,000
  • Taxes: $27,960 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09801233
  • Updated: 11/15/2017
  • Added: 3 day(s) ago

Property History

  • 2548 N Southport Avenue, Chicago, IL
  • Listed at $3,600,000 on 11/15/17

Interior

  • Interior Features: Inside Corridor(s)
  • Flooring: Carpet, Parquet, Tile

Additional Information

  • Security/Safety: Alarm Monitored

Exterior

  • Exterior Features: Patio

Parking

  • Total Spaces: 2
  • Parking Features: 1 to 5 Spaces
  • Parking: 1 to 5 Spaces

Location

  • Area: CHI - Lincoln Park
  • County: Cook
  • Township: LAKE VIEW
  • Driving Directions: North on Southport from Fullerton Avenue two blocks.
  • Location Details: Chicago North, Mixed-Use Area

Heating & Cooling

  • Cooling Type: Central Individual
  • Heating Type: Central Heat/Individual Controls

Utilities

  • Onsite: Electricity to Site, Gas to Site, Sanitary Sewer to Site, Water to Site

Structural Information

  • Construction: Wood Frame
  • Exterior Const.: Vinyl Siding, Stucco
  • Foundation: Brick
  • Roof: Shingle Composition, Mansard, Wood Joists
  • Square Feet: 10,800
  • Current Bldg. Use: Commercial
  • # of Stores: 2
  • Year Built: 1910
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 6
  • Units w/Dishwashers: 6

Lot Features

  • Lot Size (Sq. Ft.): 9,098
  • Lot Dimensions: 126 x 72.2FT
  • Lot Access: City Street
  • Drainage: Storm Sewers
  • Potential Use: Commercial
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $27,960
  • Tax Year: 2015
  • Tenant Pays: Other

Disclosures and Reports

  • Ownership: Limited Liability Corp
  • APN: 14293120380000

Listed by Conlon: A Real Estate Company

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2548 North Southport Avenue will cost you if you:

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2548 North Southport Avenue, Chicago, IL 60614 (MLS# 09801233) is a Commercial property. 2548 North Southport Avenue is currently listed for $3,600,000 and was received on November 15, 2017. Want to learn more about 2548 North Southport Avenue? Do you have questions about finding other Commercial real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.

Listed by Conlon: A Real Estate Company

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