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1224 W Webster Ave
Chicago, IL 60614
Derby · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,768 SF
Building Class
C
Year Built
1886
Percent Leased
57%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.49
Lot Size
0.15 AC

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

  • Listing ID: 9626116

  • Date on Market: 10/16/2017

  • Last Updated:

  • Address: 1224 W Webster Ave, Chicago, IL 60614