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photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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Status: Active (For Sale)
Type: Other
MLS ID: 12134925


Overview
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This is a rare opportunity to acquire a highly successful, family-owned restaurant with a well-established reputation in Chicago's thriving West Town neighborhood. A staple in the neighborhood for decades, this business has cultivated a loyal customer base and earned a stellar 4.5-star rating across numerous reviews. The sale includes all Furniture, Fixtures, and Equipment (FFE), current inventory, the restaurant's established name, branding, and proprietary recipes, ensuring a seamless transition and continuity of the business. The 1,200-square-foot space features a fully equipped kitchen, ready for immediate operation, and offers both indoor dining and additional outdoor seating, ideal for Chicago's warmer months. Complimentary parking enhances convenience for patrons. The restaurant is renowned for its breakfast platters, gourmet omelettes, sandwiches served on French bread, and a specialty in burgers and teriyaki cuisine, distinguishing it as a unique culinary destination in the area. Situated on a prime corner location with views from both streets at a corner light intersection, the restaurant benefits from maximum visibility and foot traffic in the vibrant West Town neighborhood, a highly sought-after area known for its dynamic community and thriving businesses. This business generates an annual gross revenue of over $400,000, with very low operating expenses, making it an exceptionally attractive investment, especially for seasoned investors or owners within this industry. The property is zoned C3-2, a highly desirable classification that provides the most opportunities for businesses in Chicago, allowing for diverse business operations and expansion possibilities. Please note that this is strictly a business sale, with no real estate included. To gather a detailed list of all FFE's, financials, the sale Offering Memorandum, employee count, and full details of the commercial lease, please contact the listing party. Do not miss this exceptional opportunity to step into a turn-key operation with a proven track record of success.

Courtesy Of: Keller Williams ONEChicago


General Features


List Date:
08/08/2024

Exterior Features and Amenities


Lot Size Dimensions:
50X125

Financial


Days On Market:
16
Tax Annual Amount:
$999,999.00
Tax Year:
2023


Directions


East of Western and West of Ashland

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2024-09-20
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The information presented here is deemed reliable, though not guaranteed.
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