1610 W North Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60622
$1,600,000 USD
315-305-2466
1610 W North Ave, Chicago, IL for Sale
$1,600,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

1610 W North Ave
Chicago, IL 60622


HIGHLIGHTS

  • Beer Garden
  • Brand New Renovation
  • Prime Location

OVERVIEW

Prime Investment Opportunity in Wicker Park This fully licensed bar in Wicker Park features a Tavern license, Retail Food Establishment license, Packaged Goods license, and Outdoor Patio license—all transferable. It boasts one of the largest beer gardens in the neighborhood and recently underwent a $600,000+ renovation by a renowned Chicago designer. Family-owned for 58 years. The property also includes a fully renovated basement and a 1,500 sq. ft. 3-bedroom, 1-bath apartment.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$471 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Backstory Tavern

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

CROSS STREETS

N Ashland Ave.

LAND ACRES

0.09 AC

LAND SF

3,711 SF

ZONING

C1-2

APN/PARCEL ID

14-31-431-007-0000

ASK ABOUT THIS PROPERTY

Chris GramatisC Gram LPMore Info
315-305-2466

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Chris GramatisC Gram LPMore Info
315-305-2466

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.