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- LoopNet Team
1023 W Lake St
Chicago, IL 60607
fully built out restaurant!75k key money · Property For Lease
HIGHLIGHTS
- West Loop! corner fully built out restaurant.75k corp purchase
- existing lease with option to renew!
- Corp sale, restaurant is fully turnkey
PROPERTY FACTS
| Property Type | Retail | Year Built/Renovated | 1896/2021 |
| Gross Leasable Area | 7,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,500 SF |
| Year Built/Renovated | 1896/2021 |
ABOUT THE PROPERTY
Amazing corner location in West Loop!Riccardo’s Corner restaurant , classic Chicago look with hardwood floors,beautiful bar, lots of new opening french doors and sidewalk patio! 2500 asf upstairs and 2500 asf basement/prep. Great location and very clean fully built out restaurant. Key money is $75000 and includes Clean corporation/liquor license NOT Name, ( must do a dba) lease is triple net, 60% of taxes ,water,all utilities. Viewings on Sunday and Monday when closed. do not disturb or speak to staff. .apx 65 -70 occupancy in restaurant and about 30 on outdoor. Walk in freezer/fridge combo. apx 10 ft hood, all refrigeration and ff &e that is not the tenants is the owners and stays in place..new hot water heaters. 2 ada baths. must sign non disclosure for info on lease and pass thru's. lease is $17491 Net plus pass thru’s (60% of tax,water).. 3 years left on lease and 5 yr option
- Bus Line
- Signage
- Air Conditioning
