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- LoopNet Team
5000-5008 N Kenmore Ave
Chicago, IL 60640
Property For Lease
·
30,900 SF
About the Property
Uptown Restaurant Build Out / Lease Transfer Sale $48,000 key money required (equipment / fixtures would be sold for $48,000). 1,500 Sq Ft turn key profitable ground floor restaurant available on Argyle between Broadway and Sheridan. All restaurant build out / equipment, brand new Ameristar heating & cooling unit, duct work, Norpole refrigerator, and black iron with hood / ansel system included. Sale includes lease takeover with favorable terms (5-year lease that began August 2016 at $2,600 / month) with 5-year option to renew. Alderman has approved patio addition and liquor license but permits have not been obtained. Current tenant has a $5,000 credit from the city to replace large exterior signage (green and white Chinese Lanterns sign), Easily accessible to public transportation, located steps from the Red line Argyle station, 0.1 miles from the CTA #151 Sheridan / Argyle bus route, and 0.4 miles to Divvy Bike Clifton & Lawrence station.
Property Facts
| Property Type | Multifamily | Building Size | 30,900 SF |
| Property Subtype | Apartment | Year Built/Renovated | 1919/2022 |
| Apartment Style | Low-Rise |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 30,900 SF |
| Year Built/Renovated | 1919/2022 |
