2506-2508 N Clybourn Ave

2506-2508 N Clybourn Ave , Chicago, Illinois, 60614 | 5,500 sq.f | $ 1,790,000

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About This Restaurant

Investment Highlights

Liquor License Included in Sale 3 Apartments on second floor Restaurant Bar with all equipment included unfinished basement with cooler

Executive Summary

Have you ever wanted to own your own bar and/or restaurant in Lincoln Park?! Now you can! For the first time in over 50 years this exceptional, family-owned building is for sale. The sale will include a 2am liquor/tavern license to open the first floor as just a bar or bar and restaurant. The main level restaurant/bar area includes all kitchen equipment, tables, chairs, fireplace, two bars, and two half baths. The second level includes a large owner's apartment with 2 beds, full bath, in-unit laundry, and balcony. There are also 2 additional 1-bedroom apartments on the second level. An unfinished basement with storage and cooler completes the package. The outdoor space is massive with a two plus car garage, patio space to open an outdoor space or use as additional off-street parking. Up to 10 parking spaces total. The lot is approximately 19,800 square feet and 6,000 square foot building including basement. Zoned M1-2

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Bar General Retail Restaurant Office Office Residential Storefront Retail/Residential
  • Building Size    5,500
  • Building Class    C
  • Year Built    1901
  • Price    1,790,000
  • Price Per SF    325
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.28
  • Land Acres    0.45 AC

Nearby Amenities & Transportation

Retail Panda Express
Retail Capriotti's
Retail F45 Training, Inc.
Retail Starbucks
Retail Bank of America
Retail Jewel-Osco
Retail ALDI
Retail Fifth Third Bank
Retail Fresh Thyme Farmers Market
Retail BMO

Property Taxes

Parcel Number 14-30-400-002-0000 Improvements Assessment $247,500
Land Assessment $67,500 Total Assessment $315,000
Date Created: 2024-07-16 04:13:38 Last Updated: 2024-07-16 04:13:38
Address: 2506-2508 N Clybourn Ave , Chicago, Illinois, 60614