3930 West School Street, Chicago, IL

$185,000

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About 3930 West School Street

Business Only For Sale - Rarely available European Sports Bar and Cafe in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $315K. Video gaming was recently added to increase potential revenue. Monthly rent is $4,000 per month and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF. Please do not disturb existing business, but feel free to patronize the establishment. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses can be transferred via short term management agreement until new licenses are issued. There is no real estate for sale with this listing.

Features of 3930 West School Street

MLS® # 12055087
Price $185,000
Bathrooms 0.00
Acres 0.00
Type Business Opportunity
Sub-Type Bus / Bus w/Real Est
Status Active

Community Information

Address 3930 West School Street
Area CHI - Avondale
City Chicago
County Cook
State IL
Zip Code 60618

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 255
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBe Realty, LLC

Listing Map

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