Andersonville – 1477 W. Winnemac Ave., Boca Loca Cantina

Business Description: Turn-key restaurant and bar business with sizable patio and expansion opportunities for sale.
This restaurant/bar is in the heart of a dining and entertainment corridor. It operates independently but shares common bathrooms with the adjacent business. A glass vestibule leads to a spacious bar and dining room. Bi-fold windows open out to the quaint neighborhood and a sizable patio. The neighboring tavern does not serve food, which presents an opportunity to service additional patrons. Several growth/expansion opportunities include the potential to expand onto the rooftop, utilizing the service window with another concept or late-night service, and catering events or ghost concepts with the lower level kitchen.
Location: Andersonville
Welcome to a little bit of Sweden — the eccentric bit to be exact. What we locals love about Andersonville is its artisanal flair and one-of-a-kind charm. It’s also home to one of Chicago’s largest LGBTQ+ communities and is integral to the city’s annual Pride celebrations. Along Clark Street’s restaurant strip, you can take your pick from cozy diners, craft brew emporiums, tried-and-true holes in the wall, and some of the city’s best comfort food spots. Between its historic architecture, dynamic bar scene, and bustling main street, Andersonville is a thriving example of a charming urban neighborhood.

― choosechicago.com

Purchase Price $180,000 (Bus.) Property Taxes $0 (2022), 24% Over ’21 Base Yr.
Lease Rate $42.23 MG (Blended) OpEx Pro-rata Share
Size (Approx.) 1,536 SF (Grd.), 970 SF (LL), 1,139 SF (Adtl. Optional Kitchen) Licenses Incidental Liquor & Retail Food (Zoned C1-2)

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Contact

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

Inquire

Boca Loca Cantina, 1477 W. Winnemac Ave. Chicago, IL

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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