For Sale
$1,000,000

5772 Archer AveChicago, IL 60638

Turnkey Chicago Restaurant/Bar, High Traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional investment opportunity presents a fully operational, two-story restaurant and bar located at 5772 S Archer Avenue in Chicago's Garfield Ridge neighborhood (zip code 60638). Built in 1998, this 5,500 square foot establishment boasts a proven track record of success, having operated for 28 years. The property features a spacious layout with seating for 150 patrons downstairs and an additional 60 upstairs. A fully equipped kitchen ensures seamless operations, complemented by existing amenities including a DJ booth, arcade games, and slot machines, making it a truly turnkey operation. The high-traffic location on Archer Avenue offers excellent visibility and strong potential for continued growth. The asking price is $1,000,000, representing a compelling 14% cap rate. This single-tenancy property is ideal for experienced operators seeking a thriving business or investors looking for a strong return on investment in a vibrant and established community. A virtual tour is available.

Highlights

  • High-quality virtual tour available.
  • Prime location in a thriving market.
  • Modern, efficient floor plan ideal for various uses.
  • Abundant natural light throughout the space.
  • Recently renovated with high-end finishes.
  • Competitive lease terms available.

Property Details for 5772 Archer Ave

Property type
Retail properties, Bars
Square Feet
5,500 SF
Year Built
1998
Stories
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.7967532
Longitude
-87.7573611
5772 Archer Ave, Chicago, Illinois

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FAQs

What type of property is this?
Retail property - Turnkey Chicago Restaurant/Bar, High Traffic
Where is the retail property located?
The property is located at 5772 Archer Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High-quality virtual tour available.; Prime location in a thriving market.; Modern, efficient floor plan ideal for various uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Mary Derman
Mary Derman
Visit Broker Website

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5772 Archer Ave, Chicago, Illinois, 60638

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5772 Archer Ave
  • Mary Derman
    Mary Derman
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