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Lincoln Park – Rare Tavern License with Below Market Rent

For Sale in chicago, IL

Listing ID: A155 | Broker Listing ID:

Financial & Assets Details


About the Business


Business Description

Rare tavern license in the heart of Lincoln Park with below market rent. The bar was completely renovated in 2017 and includes updated restrooms, hardwood floors, electrical and plumbing. The business is currently in the process of acquiring a retail food license. There is also the possibility of either a sidewalk cafe or a beer garden in the 1,350 SF parking lot that comes with the lease.

Confidential Location - Lincoln Park
Size (Approx.): 2,000 SF + 1,350 SF Parking Lot
Licenses: Tavern
Rental Rate: $24/SF NNN / $4,000/Month + NNN
Sale Price: $174,900 (Business)

Listing ID: A155