West Loop – 111 S. Morgan St., Chicago, IL

Business/Property Description: Two level cafe for sale on prominently pronounced corner. 
High profile corner café/coffee shop across the street from popular neighborhood park. Features include an upper level space suitable for separate catering business and spacious patio perfect for al fresco dining, with room for expansion. The space is ready for immediate operation, offering a seamless transition for a coveted second generation space within a limited inventory market.

Do not approach employees or management as this is an operating business.  All showings must be scheduled during off-operating hours and accompanied by broker.

Key Features:

Turn-Key: Low cost start-up and save time re-concepting, by assuming the corporately held Retail Food license.
Exposure: Located on a high visible corner, catering to residential, commercial and recreational green space patrons alike.
Outdoor Space: Expand the private patio by obtaining a sidewalk cafe permit over public way use.
Parking: In addition to ample metered and non-metered street parking, the offering provides three private indoor heated spaces.

Location: West Loop/Fulton Market
A former meat-packing district, the West Loop has become one of the most dynamic dining destinations in the city. In particular, a stretch of Randolph Street known as Restaurant Row is where you’ll find many of the neighborhood’s most celebrated spots, from high-end tasting menus to hidden ramen joints to fourth-generation sandwich shops. Nearby Fulton Market has an industrial vibe that bursts with activity, thanks to trendy restaurants and bars that have taken over the old warehouse spaces. Between meals, you can explore the West Loop’s art galleries, shops, and boutique hotels. In the summer, the market heads outdoors with live music and pop-up bars.

Choosechicago.com

Purchase Price $99,000 (Bus.) Property Taxes $10.96/SF Blended
Lease Rate $39.09/SF Blended OpEx $8.04/SF
Size (Approx.) 1,100 SF (Bus.) Duo Level Parking 3 Spaces (Indoor)

Downloads
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Marketing Material NDA

Pictures 

360 Virtual Tours

Front of House Back of House Prep Kitchen
Street Tour

Contact

Monica Palermo
Broker
312-575-0480 Ext. 115
monicapalermo@kudangroup.com

Monica is the Designated Agent of this listing.

Juan Carlos Gomez
Principal
312-575-0480 Ext. 111
juancarlos@kudangroup.com

Inquire

West Loop – 111 S. Morgan St., Chicago, IL 

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Free Standing Single-Tenant Restaurant and Brewery for Sale. https://kudangroup.com/breweries-and-distilleries/western-suburb-elmhurst-169-171-n-addison-st/

This opportunity along with industry news was featured on our most recent volume of the KG Weekender.  For a quarter century, Kudan Group has provided real estate and business brokerage opportunities to thousands of restauranteurs and other hospitality operators, as well as represented commercial property owners. 

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Free Standing Single-Tenant Restaurant and Brewery for Sale. kudangroup.com/breweries-and-distilleries/western-suburb-elmhurst-169-171-n-addison-st/

This opportunity along with industry news was featured on our most recent volume of the KG Weekender. For a quarter century, Kudan Group has provided real estate and business brokerage opportunities to thousands of restauranteurs and other hospitality operators, as well as represented commercial property owners.

View full weekender email here: conta.cc/4dSiBaV Join our growing community to be in the know.
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1 years ago