1822-1824 W Addison ST, Chicago, IL 60613 - MLS#12370572

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Garrett Johnson

homesbygarrett@gmail.com +1(847) 337-1157

$1,800,000

Est. payment - /mo

3,500 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $514

MLS Listing ID 12370572

Annual Tax Amount $34,527

Tax Year 2023

Lot Dimensions 50X95X6X30X44X125

Property Sub-Type Bus / Bus w/Real Est

Property Description

Corporately held Tavern & Retail Food licenses with real estate operating for 4 decades with the same ownership. The Alderman's office has agreed to go through a vetting process with a potential buyer regarding lifting the moratorium to allow for the grandfathering of the licenses though the purchase of the business' corporate stock. 44 feet of frontage on Addison & 125 feet deep; the building is adjacent to the CTA Brown Line Addison stop which had 373,330 commuters in 2024. CTA Addison Bus #152 had 2,135,761 commuters in 2024 going to and from Wrigley Field. The 2024 daily traffic count on Addison had 15,200 vehicles and 10,300 vehicles on Lincoln Ave. Interior ceiling height is 12 feet; the bar is 39 feet long. The Cork Lounge is on the east side of the building; the restaurant on the west side is on a month-to-month lease with the Cork Lounge's owner. The real estate is to be sold AS-IS. Proof of funds is required prior to scheduling a showing. Do not disturb the business and its employees.

Location

State IL

County Cook

Area Chi - North Center

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Bus / Bus w/Real Est

Level or Stories 1

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Listed by Michael Costanzo • Jameson Commercial

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Garrett Johnson

+1(847) 337-1157

Agent | License ID: 475.188206

Agent License ID: 475.188206

1822-1824 W Addison ST Chicago, IL 60613

Garrett Johnson

Key Details

Location

Interior

Building

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