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Bar LoungeBusiness Sale

Confidential Bar/Restaurant Offering in a Well-Known Chicago Neighborhood

Chicago, IL
Size
9,000 sq ft

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Sale Price$250,000
Current Rent$15,000/mo
Est. All-in$15,000/mo all-in · 9,000 SF
CuisineAmerican
  • Outdoor
  • Turnkey
  • Full Liquor License

Listing Agent

Marcus Sullivan
Marcus Sullivan
SVN Chicago Commercial

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Confidential Bar/Restaurant Offering in a Well-Known Chicago Neighborhood - Image 1
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Bar Lounge

About this Property

Property Description

Confidential opportunity to acquire an established bar and restaurant business located in a highly recognized and desirable Chicago neighborhood. The property features a large interior occupancy, providing substantial capacity for dining, entertainment, and bar operations, along with a full commercial kitchen designed to support a high-volume food and beverage operation. A major highlight of this opportunity is the massive outdoor component, which has been substantially improved and designed to accommodate year-round use, creating significant additional capacity and flexibility for dining, entertainment, and special events. The sale includes the existing license set, providing a streamlined opportunity for a qualified operator to continue and expand the business.

Confidential offering. Please contact Advisor for additional information.

Highlights

  • Prime Location – Established bar and restaurant opportunity
  • Large Private Outdoor Space – Expansive outdoor area with dedicated bar, ideal for seasonal service and events.
  • Spacious Interior – Well-appointed space with high capacity and a flexible layout.
  • Main Bar & Gaming Area – Prominent central bar with dedicated gaming space.
  • Large Commercial Kitchen – Expansive lower-level commercial kitchen built for restaurant operations.
  • Established Licenses – Incidental Liquor, Retail Food Establishment, and PPA licenses included.
  • Long-Term Lease – Secure lease structure provides operational continuity.
  • Turnkey Sale – Includes all business assets, equipment, and applicable licenses.
  • Strong Hospitality Opportunity – Ideal for an operator looking to capitalize on an established dining and nightlife corridor.

Seating & Space

  • Patio area

Licenses & Permits

  • Full Liquor License

Buildout & Condition

  • Condition: Turnkey / Fully Equipped

Documents

PDF

620 KB