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27957262
27957260

1928 W Division St, Chicago, IL 60622 For Sale

MC
IL IL 475.129090
Jameson Commercial Real Estate
Listed by Jameson Commercial Real Estate
$890,000
265 days on market
Updated 6 days ago

Via Carducci La Sorella

Details
Property Type Business for Sale
Sub Type Business Only, Full Service (+1)
Square Footage 2,800
Net Rentable (SqFt) 2,840
Tenancy Single
Brand/Tenant Via Carducci La Sorella
Lease Type NNN
Lease Expiration 01/30/2027
Rent Bumps Yes
Lease Options One 10-year Renewal Option Period
Class C
Year Built 1893
Lot Size (SqFt) 3,723
Zoning B3-2
Investment Type Net Lease
Lease Commencement 05/30/2018
Ceiling Height 12

Business for Sale | 2,800 SqFt

Marketing description

For the past 3 decades, Via Carducci has brought the rustic, Southern Italian cuisine of Calabria to Chicago. https://viacarduccichicago.com High grossing revenue with exceptional positive cash-flow in Wicker Park. The main dining area has a 12-foot ceiling, exposed brick walls, tasteful wall-art, and a 15-footlong bar featuring a separate side dining room for a sense of intimate seclusion. The L-shaped galley-kitchen has a 12-foot exhaust hood with a fire suppression system. With options, 11+ years remain on a NNN lease having a well below market rental rate. Corporately held, transferable Incidental Liquor, & Retail Food licenses; plus, a sidewalk cafe' permit with an occupancy of 40 persons seated on Division Street. The 880 square foot attached retrofitted garage, contains liquor storage, office, dry storage, and 8' x 6' walk-in cooler, and has heat & A/C. Approximately, 2,840 square feet on the first floor. Proof of funds is required prior to scheduling a showing. Do not disturb the business and its employees.

A vibrant Chicago neighborhood known for its eclectic charm, Wicker Park blends historic architecture with a thriving arts and culture scene. Enjoy tree-lined streets filled with boutique shopping, award-winning restaurants, lively nightlife, and beautiful parks. Its convenient access to public transit makes it easy to explore the city, while the local galleries, music venues, and cafés create a dynamic, creative atmosphere that's uniquely Wicker Park.

Investment highlights

  • For the past 3 decades, Via Carducci has brought the rustic, Southern Italian cuisine of Calabria to Chicago. https://viacarduccichicago.com
  • High grossing revenue with exceptional positive cash-flow in Wicker Park.
  • The main dining area has a 12-foot ceiling, exposed brick walls, tasteful wall-art, and a 15-footlong bar featuring a separate side dining room for a sense of intimate seclusion.
  • The L-shaped galley-kitchen has a 12-foot exhaust hood with a fire suppression system.
  • With options, 11+ years remain on a NNN lease having a well below market rental rate.
  • Corporately held, transferable Incidental Liquor, & Retail Food licenses; plus, a sidewalk cafe' permit with an occupancy of 40 persons seated on Division Street.
  • The 880 square foot attached retrofitted garage, has liquor storage, office, dry storage, and 8' x 6' walk-in cooler, and has heat & A/C.
  • Approximately, 2,840 square feet on the first floor.
  • Proof of funds is required prior to scheduling a showing.
  • Do not disturb the business and its employees.

Listing Contacts

MC
IL IL 475.129090
Jameson Commercial Real Estate
Listed by Jameson Commercial Real Estate

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Additional Information

Name
Mike Costanzo
License
IL 475.129090
Brokerage
Jameson Real Estate
Title
Commercial Real Estate/Business Broker
Brokerage Address
425 West North Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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