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5772 S Archer Ave
Chicago, IL 60638
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Established restaurant, bar, and nightclub operating successfully for 28 years on Archer Avenue
- Located in a high-traffic area with excellent visibility and neighborhood foot traffic
- Motivated original owners open to negotiations and quick closing
- Spacious venue seats 150 downstairs and 60 upstairs, ideal for large gatherings
- Building and business available together or separately
EXECUTIVE SUMMARY
NOW SELLING BUILDING ONLY!! BUSINESS STILL AVAILABLE AS WELL IF YOU WISH!! This established restaurant, bar, and nightclub on Archer Avenue in Garfield Ridge is a rare investment opportunity with a proven track record. Built and in business for 28 years, the venue offers seating for 150 people downstairs and 60 people upstairs. The property is fully equipped with a DJ booth, fully operational kitchen, arcade games, and slot machines, making it a turnkey operation. Located in a high-traffic area with strong visibility, this versatile space is ready to continue its legacy or evolve into something new. Ideal for seasoned operators or investors, this is a chance to own a thriving business in a vibrant neighborhood. Building and Business together OR just building! All licensing able to be transferred with the sale include: Liquor, Food, Tobacco, and PPA (Public place of amusement). These original owners are ready and motivated!!
Video: vimeo.com/1002080066/f1f83529f1?share=copy
Video: vimeo.com/1002080066/f1f83529f1?share=copy
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1998/2018
Price
$759,900
Price Per SF
$138.16
Cap Rate
19.06%
NOI
$144,857
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.26
Lot Size
0.10 AC
Zoning
B3-1 - Community shopping district
Parking
15 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Restaurant
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Number | 19-09-312-028-0000 | Improvements Assessment | $123,853 |
| Land Assessment | $16,898 | Total Assessment | $140,751 |
PROPERTY TAXES
Parcel Number
19-09-312-028-0000
Land Assessment
$16,898
Improvements Assessment
$123,853
Total Assessment
$140,751
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