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- LoopNet Team
1147 W Grand Ave
Chicago, IL 60642
West Town Turn Key Restaurant Business · Property For Lease

Property Facts
| Property Type | Retail | Gross Leasable Area | 9,269 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1870 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 9,269 SF |
| Year Built | 1870 |
About the Property
West Town Restaurant Business For Sale / Lease $95,000 key money required (equipment / fixtures would be sold for $95,000). 2,200 Sq Ft turn key restaurant for sale, including all equipment, fixtures & furniture. High-visibility location on Grand Avenue & May Street with average traffic of over 14,000 vehicles per day. Sale includes negotiable sublease (currently $4,500/month with 4 years remaining, plus two 5-year renewal options) and two employees to remain under new ownership. Features high ceilings, exposed ductwork, spacious 32-seat dining room, long pick-up counter, fully-equipped kitchen with black iron, 3 bathrooms and 2-car loading zone (permit already approved). Located in renowned restaurant corridor next to Butterfly Sushi Bar and steps from TWO Restaurant, D’Amato’s Bakery & Bari Subs, with Twisted Spoke, Salerno’s Pizza, Coalfire & Bella Notte within two blocks. Recently featured in Chicago Tribune’s Cheap Eats column. Situated just east of Ogden on a dense retail block including Byline Bank, Jimmy John’s, Starbucks & Chicago’s only Tesla Motors dealership. Easily accessible to public transportation, located on CTA #65 Grand bus route, 0.4 miles to Blue Line Grand station and 0.6 miles to Green / Pink Line Morgan station. Miller Chicago has not audited / makes no representations regarding financial information presented herein, which was provided by seller of business; buyers of businesses are always advised to retain an attorney for legal advice, and an independent accountant to perform review of financials.
Attachments
| 1147 W Grand Equipment List |
Links
Listing ID: 9022515
Date on Market: 9/5/2017
Last Updated:
Address: 1147 W Grand Ave, Chicago, IL 60642
The West Loop Retail Property at 1147 W Grand Ave, Chicago, IL 60642 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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