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18594003
18594004

3930 W School Street, Chicago, IL 60618

MK
IL IL 475.161490
Caton Commercial Real Estate Group
Listed by Caton Commercial Real Estate Group
$185,000
2239 days on market
Updated 57 days ago

Avondale European Sports Bar and Cafe

Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 1,447
Cap Rate 57.34%
NOI $106,079
Occupancy 100%
Tenancy Single
Lease Type Modified
Remaining Term 3
Zoning B1-2

Very Successful Cash Flowing Business For Sale with New Lease Available

Marketing description

Business Only For Sale - Rarely available European Sports Bar and Café in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $315K. Monthly rent is $4,000 and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF. Please do not disturb existing business. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses can be transferred via short term management agreement until new licenses are issued.

Investment highlights

  • Sale includes all FF&E and Inventory
  • Private Outdoor Patio and Additional Seating on Front Sidewalk
  • Popular Venue for Private Parties and Sporting Events
  • Video Slots and Other Revenue Opportunities

Listing Contacts

MK
IL IL 475.161490
Caton Commercial Real Estate Group
Listed by Caton Commercial Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,079.00
$8,839.92/mo

Valuation Metrics

0
DSCR
57.34%
Cap Rate
57.34%
ROI

Map

Zoning

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B1-2 CommercialNeighborhood CommercialNeighborhood Shopping District
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Mikus Kins
License
IL 475.161490
Brokerage
Be Commercial Realty
Title
Managing Director
Brokerage Address
3352 North Sheffield Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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