Confidential Mixed-Use Building with Established Restaurant/Tavern Business

Property Description

Rare opportunity to acquire both a well-established restaurant/tavern business and a prominent corner mixed-use property in the heart of a highly desirable Chicago North Side neighborhood. This two-story, mixed-use building features a fully operational ground-floor restaurant and two updated, fully occupied residential apartments on the second floor, providing immediate rental income and long-term investment stability. The restaurant is offered as a turnkey operation with all required licenses and permits in place. The space features an updated commercial kitchen, an inviting dining room with seating for up to 99 guests, and a spacious outdoor dining component that enhances both capacity and customer appeal. The business has successfully operated in the neighborhood for more than two decades, earning a loyal customer base and strong community presence.

The business also has the exclusive use of a full basement for office, storage, and refrigeration. The business holds transferable licenses which include incidental liquor and retail food licenses. The open and spacious floor plan would lend itself to many different layouts and would be a very easy space to adjust to a variety of unique restaurant or bar concepts. Perfect location and concept for a hands-on owner/operator.

Whether you are an investor seeking stable mixed-use income, an owner-operator looking to acquire an established restaurant, or a buyer interested in a prime corner property in one of Chicago's most sought-after neighborhoods, this offering presents a unique opportunity. The sale includes both the real estate and the operating business, allowing for a seamless transition and immediate revenue generation.

All parties to submit NDA for more listing information.

Highlights

• Rare opportunity to acquire both real estate and an established operating business
• Prominent corner mixed-use property with strong visibility and pedestrian traffic
• Proven restaurant/tavern with 20+ years of operating history and licenses in place
• Turnkey operation with updated commercial kitchen, 99-seat capacity, and expansive outdoor patio
• Two updated, fully occupied apartments provide stable supplemental income
• Multiple income streams and immediate cash flow in a premier Chicago North Side neighborhood
• All parties to submit NDA for more listing information