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- LoopNet Team
1113-1115 W Belmont Ave
Chicago, IL 60657
Property For Lease
HIGHLIGHTS
- Absolutely gorgeous space ! Running event/theater space with PPA and Liquor!
- Assumable SBA or possible owner assistance!
- Amazing 50 ft wide Terra Cotta building!
- Building has black iron.
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 12,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1923 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,000 SF |
| Year Built | 1923 |
ABOUT THE PROPERTY
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
- Commuter Rail
- Metro/Subway
- Restaurant
- Signage
- Tenant Controlled HVAC
- Accent Lighting
- Air Conditioning
