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

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

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