Two Fully Equipped Tavern/Gaming Properties with Vacant Land In Between - Image 1
New
Bar Lounge
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About this Property

EXECUTIVE SUMMARY

Rare Package Opportunity: Two Fully Equipped Tavern/

Gaming Properties

An exceptional opportunity to acquire two corporately held,

transferable tavern licenses along with two fully equipped

individual bar/gaming buildings being offered together as a

package deal. The sale includes the vacant land between the

two buildings, creating an excellent opportunity for a future

outdoor beer garden, patio, or expanded entertainment

concept. This package is especially attractive for an operator

seeking multiple licensed locations in one consolidated

property footprint. By purchasing both corporate entities, each

building is currently structured to allow up to 6 video gaming

terminals per location, for a combined total of 12 video gaming

terminals for one purchaser, subject to all required licensing,

municipal, and regulatory approvals. The Gracie’s Wine Bar &

Gaming Café and Cuzin’s Tavern, Gaming & Pizza brands are

NOT included in the sale. A rebrand will be required.

Proof of Funds is required prior to scheduling a showing.

INVESTMENT HIGHLIGHTS

– Two corporately held, transferable tavern licenses

– Two fully equipped individual bar/gaming buildings

– Offered together as a package deal

– Potential for up to 12 total video gaming terminals across the two corporate entities

– Vacant land between buildings ideal for a future outdoor beer garden or patio concept

– High-visibility frontage along 147th Street

– Total lot size: 125’ frontage x 150’ deep

– Total land area: approximately 18,750 square feet

– Combined building area: approximately 4,950 square feet

– 21 striped parking spaces

– Strong opportunity for an owner-operator, gaming operator, or hospitality group

– The Gracie’s Wine Bar & Gaming Café and Cuzin’s Tavern, Gaming & Pizza brands are

NOT included in the sale.

– A rebrand will be required.

– 2.5% co-op commission

– Proof of funds is required prior to scheduling a showing

Documents

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Bar LoungeProperty Sale

Two Fully Equipped Tavern/Gaming Properties with Vacant Land In Between

3636 147th St, Midlothian, IL 60445, USA
Size
4,950 sq ft (Bldg) · 0.43 Acres
1 view
Asking Price$1,199,000
Building Size4,950 sq ft
Lot Size0.43 Acres
  • 4,950 sq ft
  • 0.43 Acres
  • Outdoor
  • Parking
  • Bar Area
  • Fully Furnished
  • Grease Trap
  • 3-Comp Sink

Listing Agents

P
Paulina Klis

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