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

Downloads
Select to download document.

Marketing Material Non-disclosure Agreement

Contact

Juan Carlos Gomez
Principal

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

Inquire

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

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.  

Comments Box SVG iconsUsed for the like, share, comment, and reaction icons
Cover for Kudan Group, Inc.
Kudan Group, Inc.

Kudan Group, Inc.

464 Likes

www.kudangroup.com

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. 

View full weekender email here: https://conta.cc/4dSiBaV Join our growing community to be in the know.

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.
... See MoreSee Less

7 months ago