Wicker Park – 1575 N. Milwaukee Ave., Chicago – Debonair Social Club

Business Description: Historic lounge and restaurant in the Flat Iron Building available for sale.
This multi-media lounge, located in the iconic Flat Iron Building, has been home to Wicker Park’s longest-running dance club for close to two decades. The space operates on two levels and features DJ booths and bars on both floors, as well as a dance performance stage. Known as the “music, food, art, romance and dancing” center, this legendary club has hosted Lollapalooza parties and impressive DJ rosters that included names like Diplo, Thom Yorke and The Cool Kids. With potential to expand into a second-gen restaurant with its own frontage and entry for duo-concepts, this is an opportunity not to be missed!
Location: Wicker Park
Start your day at the vibrant Six Corners area where North, Milwaukee, and Damen Avenues intersect. This is the always-bustling heart of the neighborhood, where you’ll find vintage stores, re cord shops, noodle joints, award-winning eateries, cool coffee houses, bookstores, art galleries, and more. A good way to see the area is on the 606, a repurposed rail line that gives you an elevated view of four distinctive Chicago neighborhoods. You’ll find walkers, joggers, bikers, public parks, art installations, overlooks, and more all along the 2.7-mile stretch.

– choosechicago.com

Purchase Price $179,000 (Business Sale) Property Taxes N/A
Lease Rate $75/SF NNN, $30/SF (LL) OpEx N/A
Size (Approx.) 2,345 SF, 3,938 SF (Contiguous), 1,800 SF (LL) Licenses Incidental Liquor, Retail Food and PPA

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Marketing Material Non-disclosure Agreement

Contact

Juan Carlos Gomez
Principal

312-575-0480 Ext. 111
juancarlos@kudangroup.com

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Debonair Social Club, 1575 N. Milwaukee Ave., Chicago

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