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32619648

1441 West Fullerton Avenue, Chicago, IL 60614 For Sale

TP
AZ BR107734000
JPAR Vantage
SS
TX TX 672881
The Sears Group
Listed by JPAR Vantage, The Sears Group
$3,100,000
69 days on market
Updated 66 days ago

Fully Build-Out Restaurant In A Prime Chicago

Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 8,036
Units 3
Cap Rate 5.73%
NOI $177,768
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Price per SqFt $386
Year Built 1928
Year Renovated 2020
Lot Size (SqFt) 9,000
Zoning B3-2
Ground Lease No
Sale Condition For sale by owner

SELLER FINANCING AVAILABLE !! Seize the opportunity to own or lease this fully built-out restaurant

Investment highlights

Seize the opportunity to own or lease this fully built-out restaurant in a prime Chicago location. Built in 1928, this 8,036 SF, Class C building offers a unique charm with modern amenities. The property features a spacious outdoor patio and 75 feet of frontage on bustling Fullerton Avenue, ensuring maximum visibility and foot traffic.

Key highlights include:

Multiple Tenancy setup, ideal for flexible use or additional income.

Two-story building with a versatile layout.

10 dedicated parking spaces, with a ratio of 1.24 spaces per 1,000 SF.

Located on 0.21 acres and zoned B4-2 for commercial use.

With its unbeatable location and established restaurant infrastructure, this property is perfect for investors or restaurateurs looking to expand in a high-demand area of Chicago.

Listing Contacts

TP
AZ BR107734000
JPAR Vantage
SS
TX TX 672881
The Sears Group
Listed by JPAR Vantage, The Sears Group

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$177,768.00
$14,814.00/mo

Valuation Metrics

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DSCR
5.73%
Cap Rate
5.73%
ROI

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