Lease to Own
Address
1625 W Irving Park Road, Chicago, IL
Price
$ 3,700,000
Property Attributes
  • MLS#11823380
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lake View
  • Zip60613
  • StyleCommercial
  • Year Built1920
  • Taxes$ 50000
  • Price$ 3,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10000
  • Lot Size10,682 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

HUGE PRICE DROP for this fantastic, expansive, newer construction & remodeled restaurant and sports bar with 4 fully leased apartments, located on the west end of Wrigleyville. Everything in excellent condition: full restaurant and bar on the first floor with a party room and outdoor sky deck bar on the upper level, 5 bathrooms, elevator and seating capacity for over 300 including outdoor seating, +/-6,500 sqft. Restaurant lends itself to many different concepts. Four newer 2 bed|1 Bath apartments with GFA & CA, private decks and 1 common deck and an additional $10,000/mo income. 85ft of frontage on Irving and parking for 12 cars. Excellent opportunity to make a great business even greater. Financial info upon request. Proof of funds required with any offer. Owner could assist in some financing. Approximately 6 blocks to Wrigley Field. Also available to lease with option to buy.

Price History
7/5/2023 Listed $4,200,000
2/15/2024 12% - $3,700,000

General Features

Cooling Central Air
Possession Closing
Year Built 1920
Electric Circuit Breakers
Tenant Pays Air Conditioning,Electricity,Heat
Stories 4
Property SubType Apts/Stores
Tax Year 2021
Current Use Commercial
Gross Income 10000
County Cook
Property Type Commercial Sale
Status Active
Directions North or south on Ashland to Irving Park Road,west to 1625
City Chicago
Total Units 4
MLS Area CHI - Lake View
Lot Size Square Feet 10682
Street Name Irving Park
Tax Annual Amount 50000
Additional Parcels Y/N No
Virtual Tour https://tour.vht.com/433877127/1625-w-irving-park-rd-chicago-il-60613/idxs
Days on Market 233
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Road

Exterior Features

Building Area Total 10000
Lot Dimensions 85X125
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60613

Price
AVG $480K
$3.7M
Taxes
AVG $22,248
$50,000
Visits
AVG 139
318
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1920
Walkscore
AVG 94
92
Data Provided by Walkscore® not using MLS data

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