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1147 W Grand Ave
Chicago, IL 60642

West Town Turn Key Restaurant Business · Property For Lease

PROPERTY FACTS

Property Type Retail
Property Subtype
Restaurant
  • Retail Building
Gross Leasable Area 9,269 SF
Year Built 1870

About the Property

West Town Restaurant Business For Sale / Lease $95,000 key money required (equipment / fixtures would be sold for $95,000). 2,200 Sq Ft turn key restaurant for sale, including all equipment, fixtures & furniture. High-visibility location on Grand Avenue & May Street with average traffic of over 14,000 vehicles per day. Sale includes negotiable sublease (currently $4,500/month with 4 years remaining, plus two 5-year renewal options) and two employees to remain under new ownership. Features high ceilings, exposed ductwork, spacious 32-seat dining room, long pick-up counter, fully-equipped kitchen with black iron, 3 bathrooms and 2-car loading zone (permit already approved). Located in renowned restaurant corridor next to Butterfly Sushi Bar and steps from TWO Restaurant, D’Amato’s Bakery & Bari Subs, with Twisted Spoke, Salerno’s Pizza, Coalfire & Bella Notte within two blocks. Recently featured in Chicago Tribune’s Cheap Eats column. Situated just east of Ogden on a dense retail block including Byline Bank, Jimmy John’s, Starbucks & Chicago’s only Tesla Motors dealership. Easily accessible to public transportation, located on CTA #65 Grand bus route, 0.4 miles to Blue Line Grand station and 0.6 miles to Green / Pink Line Morgan station. Miller Chicago has not audited / makes no representations regarding financial information presented herein, which was provided by seller of business; buyers of businesses are always advised to retain an attorney for legal advice, and an independent accountant to perform review of financials.

Attachments

1147 W Grand Equipment List
  • Listing ID: 9022515

  • Date on Market: 9/5/2017

  • Last Updated:

  • Address: 1147 W Grand Ave, Chicago, IL 60642

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