1113 W Belmont Avenue #1, Chicago, IL 60657 | MLS 11861213 | Listing Information | Vylla Home
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SOLD
$185,000
Date 04/08/2024

1113 W Belmont Avenue #1
Chicago, IL 60657

Business Opportunities
Business Opportunity
6,000
Sq. Ft.
0.137
Acre Lot
Courtesy: Dumas & Associates, Inc.
Vylla Home> Illinois> Chicago> 60657
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 business owner may assist! Lease is up 2025 but has 5 year extension and is apx $8500 . Landlord Pays TAX!!. Parking arrangement nearby and also public lot close by. Can be kept as an event place, theater or converted to restaurant/bar, Building has BLACK IRON. Owner is relocating.Currently has bookings until Dec. 31 with waiting list.floorplan under add'l info
11861213
Business Opportunity - Business Opportunities, 2 Story
Cook
0.137 Acres
2
Brick,Stone
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Dumas & Associates, Inc.
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