West Loop – 555 W. Kinzie St., Chicago, IL, Blue Agave

Property Description: Large restaurant/bar with rooftop pool bar and grill in high-rise luxury building for sale.
Presenting the opportunity to purchase a well maintained restaurant and bar with desirable occupancy rate. The offering is located on a corner with great street exposure within  Alta at K Station twin tower residences. Take advantage of the demand as more development is slated in the immediate area, including the Bally’s Casino, Randolph Row/Fulton Market tourist attractions and Downtown businesses, all less than a mile in radius. 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: Re-concept and operate in a short time frame, by assuming the corporately held licenses.
Growth Potential: The central location and large kitchen with multiple hoods allows for additional income from catering, and ghost concepts.
Outdoor Space: In addition to the high occupancy indoor, the space offers a sizable public patio cafe and private rooftop space.

Location: West Loop
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 $300,000 (Bus.) Property Taxes Included
Lease Rate $35/SF Gross + 6% >$3.5M OpEx Included
Size (Approx.) 6,172 SF (Bus.) + Rooftop Svc. Licenses/ Permits Retail Food, Icdl. Liquor, Caterer’s Liquor, Patio

Downloads
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Marketing Material Floor Plan –  Floor Plan – 

Pictures 

360 Virtual Tours

Interior
Street Tour


Map Insights

Contact


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

Inquire

555 W Kinzie St., Chicago – Blue Agave

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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. 

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

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