South Loop – Former Kroll’s South Loop,1736 S. Michigan Ave., Chicago, IL

Property/Business Description: Turn-key newly remodeled restaurant and bar with duo-fuel zone kitchen for sale.
This fully equipped restaurant and bar is located just half a mile from Soldier Field and Wintrust Arena. The space has been completely remodeled in 2019 to include a spacious catering-ready kitchen featuring multiple walk-ins and ventilation hoods with potential for duo-fuel cooking zones. The front of house features a custom display keg cooler behind one of two bars, convertible party rooms for ease to expand the occupancy space and an impressive audio and visual capabilities. Ownership has put a great amount of thought into designing this versatile space, now available as a turn-key opportunity.
Location: 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 $1,999,000 (Bus./Real Estate) Zone DX-5
Size (Approx.) 8,973 SF Licenses Retail Food and Incidental Liquor
Property Taxes $68,912.73 (2022)

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

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Former Kroll’s South Loop,1736 S. Michigan Ave., Chicago, IL

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