This Property is no longer advertised on Showcase.com.
Off Market
1/11

1113-1115 W Belmont Ave
Chicago, IL 60657


HIGHLIGHTS

  • Absolutely gorgeous space ! Running event/theater space with PPA and Liquor!
  • Amazing 50 ft wide Terra Cotta building!
  • Assumable SBA or possible owner assistance!
  • Building has black iron.

OVERVIEW

Lakeview Event space with PPA and liquor!!Gorgeous Terra Cotta Facade, 48ft frontage on hot Belmont ave. Chicago Theater Works, a well known and still open and running event space with Full liquor and PPA !.Tall ,tin cielings, appprox 6000sf !2 ADA multi-stall baths, Commercial HVAC, and black iron ( not being used , but still in place) and a warming kitchen and refrigeration. This has a stellar reputation on The Knot, FF and E in place, as well as relationships with current staff,caterers,planners ,etc.. $199k includes all the business, FF and E , liquor and PPA licenses . There is an assumable SBA loan of $125k so cash down would be minimal or owner may assist!. Lease is up 2025 but has 5 year extension and is apx $8500 GROSS. Parking arrangement nearby and also public lot close by. Can be kept as an event place, theater or converted to restaurant/bar as building has black iron. Owner is relocating.Currently has bookings until Dec. 31 with waiting list.floorplan under add'l info

FOR LEASE DETAILS

PRICE

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% LEASED

-

TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

12000

STORIES

2

YEAR BUILT

1923

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

-

APN/PARCEL ID

14-29-201-004-0000