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18221 Crawford Ave
Homewood, IL 60430
V.I.P. Bar & Grill · Retail Property For Sale

Investment Highlights

  • $200,000+ in capital improvements
  • Big parking lot for about 60 cars
  • Turn key business with everything included
  • 225 total person capacity in the warm months

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,628 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.64 AC
Zoning
C-1 - commercial
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
100’ on CRAWFORD AVE

Amenities

  • Restaurant
  • Accent Lighting
  • Air Conditioning

About 18221 CRAWFORD AVE , HOMEWOOD, IL 60430

V.?I.?P.? BAR & GRILL---18221 Crawford Avenue, Homewood, Illinois 60430 (just of little north of 183rd and Pulaski aka Crawford) SUCCESSFUL NIGHT/DANCE CLUB-----PROPERTY AND BUSINESS COMBINED C-1 ZONING---the best 2628SF building on a 28,000SF lot---100' x 280'---OVER A HALF ACRE 20,000sf parking lot (approximate for about 60 cars) 2700sf outdoor patio---ALL NEW 135 person indoor capacity / 90 person outdoor capacity / 225 TOTAL All kitchen equipment included / bar, tables, chairs, dance floor, DJ booth V.?I.?P seating areas with leather couches, love seats, private tv 10 TV's / 1 TV projector--screen / photography screen / Hard wired smoke detectors 16 camera security system with DVR / management office Pouring system---leased / ice machine and bucket---leased Three video gambling machines---leased---payout is one third of revenue One ATM---quarterly payment of $700 CAPITAL IMPROVEMENTS (all recent) Which includes over $200,00 in upgrades New walls, floors, light fixtures, granted bar counter, bathrooms-----87,000.00 New Exhaust System kitchen and fire suppression-----------------------65,000 New side Deck and Patio Renovation -2021------------------------------25,000 New heat and cooling system 2021--------------------------------------18,000 NEW REMODELING---both men and women’s bathrooms INTERIOR DIMENSIONS (approximate) main area 38x27 bar area 27x21 kitchen 10x30 Patio 1 16x40 Patio 2 35x55 PIN# 28.35.302.018 / 2018 taxes $35,076 Average gross in busy warm months is about 40k, cold months about 20k 12 noon to 2am license Monday through Saturday / 1am Sunday Currently open Tuesday, Thursday, Friday, Saturday from 5pm to 2am TEN employees currently: 2 owner/managers 1 assistant manager 5 bartenders (also double as waiters) 1 cook IMPORTANT NOTE---This address show as Homewood on Google, it is under the jurisdiction of Country Club Hills.?

Property Taxes

Property Taxes

Parcel Number
28-35-302-018-0000
Land Assessment
$52,500
Improvements Assessment
$1,576
Total Assessment
$54,076
  • Listing ID: 25075116

  • Date on Market: 2/17/2022

  • Last Updated:

  • Address: 18221 Crawford Ave, Homewood, IL 60430

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