1224 W. Webster - Derby - Business with Real Estate

Chicago, IL (Cook County)

1224 W. Webster - Derby - Business with Real Estate

Asking Price:$5,049,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

1224 W. Webster - Derby - Business with Real Estate

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Business Description

Derby is at the northeast corner of Webster and Magnolia; it is Lincoln Park's premier sports bar. The business consistently grosses over 2 M in sales with a corporate profit. There are two contiguous lots with over 52 feet of frontage on Webster Avenue containing a 3 story corner building with 4 residential rental units on the 2nd and 3rd floors, and an adjacent lot which has both an open air and a year round beer garden. There is a turn-key kitchen with many extras; all FF&E included. The total legal occupancy of Derby is 239 persons. The first floor has 4,903 square feet with a lower level of 2,197 for a total business square footage of 7,100 square feet. 5 Washrooms. This listing is for sale two ways: 1) business with real estate and 2) business-only with a 10 year Net lease with options. Proof of funds is mandatory prior to scheduling a showing. Do Not Disturb the Employees.

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Mike Costanzo

Business Listed By:
Mike Costanzo

Jameson Real Estate, Commercial Division

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