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
Select to download document.

Marketing Material	Floor Plan –	Floor Plan –

Pictures

360 Virtual Tours

Interior

Street Tour

Contact

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

Inquire

555 W Kinzie St., Chicago – Blue Agave

Join our group page, Hospitality Resource Hub.

Hospitality Resource Hub provides a collaborative platform for hospitality business owners and professionals to share information and resources. The community enables creative problem-solving through collective dialogue and discussion. Post topics include national and local: financial assistance programs, industry legislation, licensing guidance, events, industry advances and achievements, municipal and state announcements, compliance reminders, and much more. You are free to share information, join in the discussion or simply peer the latest trending industry new.