River North – 324-26 W. Chicago Ave., Chicago, IL, Bounce Sporting Club

Property Description: Four Level Lounge/Restaurant Business with Rooftop for Sale.
Two-story property with business located just blocks from of the proposed Bally’s Casino and acclaimed filming location of The Bear, Mr. Beef. The sale includes a fully fixured and licensed former lounge, with a sprinkler system, exposed glass elevator and multiple ingress/egresses. The former lounge has 4 levels of occupancy, which consists of two bars, dining and a dance floor on the main floor; a commercial kitchen and private lounge on the second floor; and a unique rooftop bar with skyline views. The basement houses a coat check, restrooms, and ample storage for walk-in coolers and employee lockers.
Location: River North
River North is a lively neighborhood in the Near North Side. It boasts luxe shops and eateries, plus posh nightclubs and cocktail bars. Opened in 1930 in a former industrial area, the sprawling Merchandise Mart attracts throngs of shoppers to its home and office design showrooms. Surrounding the Mart, artist’s studios in converted warehouses and lofts form a hub that sustains the area’s foremost art galleries.

― Google.com

Purchase Price $4,300,000 (Real Estate/Bus.) Zone C1-5
Size (Approx.) 12,500 SF (Bldg.) + Rooftop, 5,000 SF (Lot) Licenses Tavern, PPA, Retail Food and Outdoor Patio
Property Taxes $52,075 (2023) 

Downloads
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Marketing Material 

Pictures

Virtual 360 Tours

Ground Floor Second Floor and Rooftop

Contact

Becca Lundstrom
Broker
312-575-0480 Ext. 112
beccalundstrom@kudangroup.com
Georg Simos
Broker
312-575-0480 Ext. 113
georg@kudangroup.com
Juan Carlos Gomez
Principal
312-575-0480 Ext. 111
juancarlos@kudangroup.com

Inquire

324-26 W. Chicago Ave., Chicago, IL, Bounce Sporting Club

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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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7 months ago