For Sale
$175,000

4128 Lincoln Ave Chicago, IL 60618

Established Chicago bar/restaurant, turnkey operation.

Overview

Added:
Dec 11, 2024
Days on market:
127
This thriving 1,600-square-foot bar and restaurant is located in Chicago's desirable North Center neighborhood at 4128 N Lincoln Ave, zip code 60618, Cook County, Illinois. Built in 1898 and extensively renovated in 2019, this single-tenant property boasts a prominent corner location with two expansive outdoor areas, perfect for expanding seating capacity. The fully equipped commercial kitchen supports daily operations and caters to private events. The interior comfortably accommodates regular service and offers additional space for private functions and gatherings. The sale includes the assignment of a favorable net lease, a transfer of the business entity holding all licenses, and all existing furniture, fixtures, and equipment (FF&E). The property sits on a 5,297-square-foot lot and is zoned B3-2. The asking price is $175,000, translating to $109.38 per square foot. This well-maintained establishment is situated in a vibrant, family-friendly neighborhood known for its tree-lined streets, diverse housing options, and a mix of local businesses and entertainment venues along Lincoln Avenue and Irving Park Road. The area offers a strong residential base and a lively atmosphere, creating a robust customer base for this turnkey opportunity. This is an exceptional owner/user investment opportunity with a business sale and lease assignment.

Highlights

  • High-visibility corner lot.
  • Move-in ready condition.
  • Ample outdoor space.
  • Long-term lease in place.
  • Excellent condition.

Property Details for 4128 Lincoln Ave

Property type
Retail properties, Restaurants
Square Feet
1,600 SF
Year Built/Renovated
1898/2019
Buildings
1

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.956897302746
Longitude
-87.680740969747
4128 Lincoln Ave, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Established Chicago bar/restaurant, turnkey operation.
Where is the retail property located?
The property is located at 4128 Lincoln Ave Chicago, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: High-visibility corner lot.; Move-in ready condition.; Ample outdoor space.
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.
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4128 Lincoln Ave
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