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1224 W Webster Ave
Chicago, IL 60614
Derby · Retail Property For Sale
Property Facts
About 1224 W WEBSTER AVE , CHICAGO, IL 60614
Located at the corner of Webster and Magnolia, Derby is one of Lincoln Park's premier sports bars (consistently grossing over 2 million in sales with a corporate profit) and is being offered for sale along with the real estate. The mixed-use building is situated on two contiguous lots with over 52 feet of frontage on Webster and an adjacent lot containing an open air and a year round beer garden. It has three floors, with Derby occupying the 4,903 square foot first floor and 2,197 square foot lower level commercial space, plus four residential rental units on the second and third floors. Derby's space is a total of 7,100 square feet and boasts a turn-key kitchen with tons of extras plus five washrooms. The total legal occupancy is 239 people and all FF&E is included. Just minutes from the DePaul University Lincoln Park campus, the property is near all the bars, restaurants, and retail that this area has to offer. Nearby popular local spots include Local Option, Pequod's Pizza, Sweet Mandy B's, White Oak Tavern & Inn, and Range. National retailers such as Potbelly's Sandwich Shop, Jimmy John's, Five Guys, 7-Eleven, and Treasure Island Foods grocery store. Please do not disturb the employees
Property Taxes
| Parcel Numbers | Improvements Assessment | $148,300 | |
| Land Assessment | $99,743 | Total Assessment | $248,043 |
Property Taxes
