Motor Row/South Loop - Venue Overdrive, 2337 S. Michigan Ave., Chicago, IL

Property and Business Description: Three story commercial property with two-level entertainment business for sale and lease.

For sale: A multi-story commercial building with a first-floor tenant, Duneyrr Fermenta Winery and Brewery, and a two-level event business. The property was initially renovated in 2013 as a brewery and tap room, with additional private event space. Upon the sale of the brewery, the upper floors were rebranded as Venue OverDrive, paying homage to our historic automobile neighborhood. The building is currently being operated by ownership and features an income-producing ground floor tenant. This offering includes a business sale with lease or real estate and business sale.

Location: Motor Row/South Loop

Set next to Museum Campus and including Printers Row, the large South Loop is a lively hub of classic bars and diverse restaurants, plus longtime clubs Jazz Showcase and Buddy Guy’s Legends. The Motor Row area, designated a Chicago Landmark in 2000, is located on Michigan Ave., just South of Cermak Ave. and West of McCormick Place Convention Center. Buildings in the area were constructed between 1905 & 1936. Throughout the neighborhood’s history, Chicago’s Motor Row has been home to many of Chicago’s big shoulders; including Marshall Field and Al Capone who called 22nd and Michigan Ave. his “home turf”. At the turn of the century, Motor Row was famous for featuring more than 116 different makes of automobiles; they were sold and repaired on this historic district of Michigan Ave.

― Google, choosechicago.com

Purchase Price	$3,125,000 (R.E. & Bus.), $199,000 (Bus.)	Property Taxes	$24,475.87 (2021)
Lease Rate	$28/SF NNN	Zone	DS-5
Size (Approx.)	5,000 SF (Bus.), 8,928 SF (Bldg.), 3,979 SF (Lot)	Licenses	Tavern and PPA

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Contact

	Georg Simos Broker 312-575-0480 Ext. 113 georg@kudangroup.com
	Juan Carlos Gomez Principal 312-575-0480 Ext. 111 juancarlos@kudangroup.com

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2337 S. Michigan Ave., Chicago, IL

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