3930 School St Chicago, IL 60618

This thriving European-style sports bar and cafe, located at 3930 W School Street in Chicago's vibrant Avondale neighborhood (zip code 60618), presents a unique investment opportunity. The 1,447 square foot space boasts a 32-foot wrap-around bar, exposed ceiling timbers, brick walls, and both a private outdoor patio and additional sidewalk seating. Operating successfully for over 10 years, this established business offers full kitchen and bar service seven days a week, catering to diverse clientele with gourmet coffee during the day and beer/cocktails alongside European football matches in the evenings. The business also generates revenue from private party rentals. The asking price of $185,000 includes all furniture, fixtures, and equipment (FF&E), bar inventory, and the business name. Annual gross revenue exceeds $315,000, with a current Net Operating Income (NOI) of $106,079, representing a strong 57.34% cap rate. The property is currently operating under a modified lease with three years remaining, at a monthly rent of $4,000. The sale is an asset sale, not a stock sale