Rare Package Opportunity: Two Fully Equipped Tavern / Gaming Properties
3636-3646 147th Street, Midlothian, IL 60445
Marketing description
An exceptional opportunity to acquire two corporately held, transferable tavern licenses along with two fully equipped individual bar/gaming buildings being offered together as a package deal. The sale includes the vacant land between the two buildings, creating an excellent opportunity for a future outdoor beer garden, patio, or expanded entertainment concept. This package is especially attractive for an operator seeking multiple licensed locations in one consolidated property footprint. By purchasing both corporate entities, each building is currently structured to allow up to 6 video gaming terminals per location, for a combined total of 12 video gaming terminals for one purchaser, subject to all required licensing, municipal, and regulatory approvals. The Gracie's Wine Bar & Gaming Cafe and Cuzin's Tavern, Gaming & Pizza brands are NOT included in the sale. A rebrand will be required. Proof of Funds is required prior to scheduling a showing.
Investment highlights
- Two corporately held, transferable tavern licenses
- Two fully equipped individual bar/gaming buildings
- Offered together as a package deal
- Potential for up to 12 total video gaming terminals across the two corporate entities
- Vacant land between buildings ideal for a future outdoor beer garden or patio concept
- High-visibility frontage along 147th Street
- Total lot size: 125' frontage x 150' deep
- Total land area: approximately 18,750 square feet
- Combined building area: approximately 4,950 square feet
- 21 striped parking spaces
- Strong opportunity for an owner-operator, gaming operator, or hospitality group
- The Gracie's Wine Bar & Gaming Cafe and Cuzin's Tavern, Gaming & Pizza brands are NOT included in the sale.
- A rebrand will be required.
- 2.5% co-op commission
- Proof of funds is required prior to scheduling a showing
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