5901 W Lawrence Ave - Freestanding FOR SALE


Chicago, IL 60630- Jefferson Park
$899,000 USD
312-337-0200
5901 W Lawrence Ave, Chicago, IL for Sale
$899,000 USD
Freestanding - FOR SALE
1/28
null | Request Cap Rate

5901 W Lawrence Ave
Chicago, IL 60630
Jefferson Park


OVERVIEW

This long-standing Jefferson Park Tavern/Restaurant, along with the Retail storefront, is being offered for Sale, including the ±13,400sf of total land it sits on. Two lots included altogether. This is available with or without purchasing the Business and licenses (Tavern license and Retail Food license). The structure is 3,475sf with the Tavern currently occupying 2,435sf along with a 1,040sf attached adjacent retail space that can be used for additional seating, private parties, processing carry-out orders, or a completely separate storefront to rent out for additional income. The main area layout features classic Chicago tin ceilings, hardwood flooring, camera security system, an ADA ramp leading to a raised seating area with a gas fireplace, and an additional raised area perfect for live music or buffet/catering. The bar features a wooden, custom-built shape currently with 12 beer taps with enough space to double or triple the amount taps, along with tons of space to display and store spirits. Large men’s and women’s restrooms in the main space with multiple stalls. The full kitchen features a 15’ hood with Ansel system, two fryers, a griddle top, large range with oven, plenty of prep space, under counter refrigerator along with a reach-in, 3-compartment sink and hand wash sink. The huge basement features a large ice machine, the first walk-in cooler in front, tons of storage and possible office space, soda syrup taps, deep freezer, a massive rear walk-in beer cooler to house the kegs, along with multiple egress points from the basement for easy handling of deliveries. There’s an abundance of outdoor seating with a side patio and a huge rear patio. There’s also potential for 20 off-street parking spaces along with a trash enclosure and storage shed. Great accessibility here with the Metra station in close proximity along with multiple bus stops. Nearby Norridge Commons offers National brands like Amazon Fresh, Best Buy, Target, along with nearby local businesses such as Butera Market, Video Land, Earl’s BBQ, Joe’s Pizza, and many more.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Galvin's Public House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,625 SF

ZONING

B1-1, Chicago

APN/PARCEL ID

13-17-200-031-0000

ASK ABOUT THIS PROPERTY

Ian Feinerman@properties CommercialMore Info
312-337-0200

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

Ian Feinerman@properties CommercialMore Info
312-337-0200

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