For Sale
$500,000

5549 Belmont Ave Chicago, IL 60641

Established Restaurant, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional opportunity presents a fee-simple ownership of a well-established restaurant and banquet facility located at 5549 W Belmont Ave in Chicago, Illinois. The 4,068 square foot building, situated on a 7,500-square-foot lot, boasts a rich history, having been renovated in 1928 and operating as a successful business for many years. The property features two dining rooms, two bars, and two dance floors, along with an updated banquet facility, making it ideal for a variety of events. The building is zoned B1-2 and offers ample off-street public parking. All trade fixtures and inventory are included in the sale price of $500,000 ($122.91/sq ft). The current owner will provide training to new buyers, ensuring a smooth transition. Showings are by appointment only, and prospective buyers are asked to avoid disturbing employees during operating hours. A 3D tour is available online. This turnkey operation presents a unique opportunity for an owner/user to acquire a thriving business in a prime Chicago location. The single-story building is in Cook County, IL, zip code 60641.

Highlights

  • $500,000 asking price for a fee simple ownership of Samantha's Restaurant.
  • 4,068 square feet of retail space in a 1-story building on a 7,500 square foot lot.
  • Located at 5549 W Belmont Ave, Chicago, IL 60641, in a B1-2 zoned area.
  • Includes all trade fixtures and inventory; turnkey operation with two dining rooms, two bars, and two dance floors.
  • Established restaurant and banquet facility with ample off-street parking; owner will provide training.

Property Details for 5549 Belmont Ave

Property type
Retail properties, Restaurants
Square Feet
4,068 SF
Year Renovated
1928
Buildings
1
Stories
1
Lot Size (sq. ft)
326,700,000 SF
Units
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.938563280137
Longitude
-87.76589604154

FAQs

What type of property is this?
Retail property - Established Restaurant, Turnkey Operation
Where is the retail property located?
The property is located at 5549 Belmont Ave Chicago, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: $500,000 asking price for a fee simple ownership of Samantha's Restaurant.; 4,068 square feet of retail space in a 1-story building on a 7,500 square foot lot.; Located at 5549 W Belmont Ave, Chicago, IL 60641, in a B1-2 zoned area.
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5549 Belmont Ave
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