171 N Addison Ave - Restaurant FOR SALE


Elmhurst, IL 60126- Downtown Elmhurst
$2,800,000 USD
312-961-9705
171 N Addison Ave, Elmhurst, IL for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/13
null | Request Cap Rate

171 N Addison Ave
Elmhurst, IL 60126
Downtown Elmhurst


HIGHLIGHTS

  • Visit us at kudangroup.com for more info on this listing and similar offerings, including virtual tours and pictures.
  • Subscribe to our email list and receive notification on the latest offerings, listing updates and industry information.
  • Join our Facebook group page Hospitality Resource Hub to connect with other industry professionals and receive info on relevant news.

OVERVIEW

Gorgeous, free-standing property in the heart of downtown Elmhurst. 171 N. Addison Ave is the home of the award-winning Elmhurst Brewing Company, a 15-barrel brewpub with full commercial kitchen and an expansive beer garden. The property, which was recently appraised for $2.9 millon, received a complete floor to ceiling $1.2 million renovation in 2017, including all new plumbing, HVAC and sprinkler systems. Features include: high ceilings and fully built out restaurant and brewery with a 90-seat dining room and a large bar, a 900 square foot, 50-seat mezzanine event room with a separate bar used for private events, business meetings and overflow dining. The beer garden seats an additional 160 guests and hosts live music events in the summer. Right in the middle of all that downtown Elmhurst has to offer, neighboring national brands and retailers, boutiques, a vibrant dining scene, the nearby Metra station, and the new 205 unit luxury apartment development The Fynn, this property stands out as a unique offering in the area. Visit our website at kudangroup.com or refer to the links below for more info on this listing and other hospitality offerings, including restaurants, bars/taverns, entertainment venues, breweries, dispensaries and much more. Stay in the know and receive current updates, new offerings and relevant industry info and events by joining our email list and private Facebook Group page.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Elmhurst Brewing Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Freestanding, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C4

APN/PARCEL ID

06-02-214-038

ASK ABOUT THIS PROPERTY

Brian LaskovKudan Group, Inc.More Info
312-961-9705

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Brian LaskovKudan Group, Inc.More Info
312-961-9705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.