In A High Visibility Building In The Heart Of The Loop Near Millennium Park
Chicago, IL
Asking Price: $499,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $(Property Included)
Lease Expiration: (Property Included)
Options: (Property Included)
Year Established: 1980
Owner Operated: No
Seller Financing: No
Food Type: American, Any, Bakery, Bar/Pub/Tavern, BBQ, Beef/Burgers/Gyros/Hot Dog Joint, Bistro, Breakfast & Lunch, Brunch, Burgers, Cafe, Cajun, Chinese, Coffee Shop, Deli, Diner, Greek/Mediterranean, Grill, Hawaiian, Indian, Italian, Japanese, Lounge, Mexican/Tex-Mex, Pizza Place, Sandwich Shop, Thai, Wings Place
Service Type: Full Service
Business Type: Independent
Sale Type: Asset Sale With Property

Description:

Well established restaurant location for over 40 years. Well priced below the value of the property only!

Breakfast, lunch and dinner. Dine-in, carryout, pick-up and catering. Plus, room inside for large groups and private parties. Warm and inviting casual atmosphere. Previously limited hours - open 50 hours a week, closed on Sundays.

This is a highly confidential listing. If interested, contact EatZ for more information. Showings by appointment only.

County: Cook
Location:

Prime retail space in a high visibility building in the heart of The Loop near Millennium Park. Sidewalk signage. Ample street and garage parking with parking validation for customers. Conveniently located near public transportation and over 5,000 parking spaces within walking distance. Boasts heavy foot traffic - over 35,000+ per day!

Real Estate: Owned
Facilities:

Common area $4,800/mth includes CAM, electric and water. RET $18,417. Square Feet: 3,437. Seating: 120. Days/Hrs of Operation: Currently closed.

Value of FF&E: Included In Asking Price
Value of Inventory: Not Included In Asking Price
Competition:

Prominent location. Prestigious building.

Growth and Expansion:

A real gem. Tons of foot and vehicle traffic. Can keep the limited hours or expand them!

Seller Financing Available: No
Reason For Selling: Retiring.