The Best Corner Restaurant in Uptown, Chicago

Chicago, IL (Cook County)

The Best Corner Restaurant in Uptown, Chicago
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Asking Price: $80,000

Established: 2017

The Best Corner Restaurant in Uptown, Chicago

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Asset Sale Description

Excellent corner location in Uptown, at the entrance to the Wilson Red Line Stop. Fully fixtured quick service restaurant with an open floor plan, exposed kitchen with 20' hood, walk in cooler, dish, prep, dining and 2 ADA bathrooms. The surrounding area is booming with new residential developments, Harry S Truman College, Target and the Entertainment District. Perfect for a 24 hour diner, donut/coffee shop, quick service or full service restaurant. Liquor license easily obtained if needed. Operating restaurant. Please do not disturb employees or operations.

Detailed Information

Location:
Chicago, IL
Facilities:
2,000 sq. ft. of fully fixtured restaurant space. Nine years left on an initial 10 year lease, beginning in 2018, with a rate equal to $29 PSF, Modified Gross. One five year option until October of 2032. Tenant pays 1/12 of building insurance.
Reason for Selling:
Other Opportunities
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Becca Lundstrom

Asset Sale Listed By:
Becca Lundstrom

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