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The Premier West Loop Nightclub. Tavern, PPA Licenses. High Cash Flow. 7500 sqft on 2 floors. CELEBRITY and SPORTS FIGURE HANGOUT. Turn Key Operation. Qualified Buyers Only. 48HR Notice. ....Business Only.....
Property & Investment Property Type(s):
Bus / Bus w/Real Est
| Last Updated | 2/28/2012 | Community | Near West Side |
|---|---|---|---|
| County | Cook |
 Walk Score ®
|
86
|
Price History
| Prior to Nov 5, '10 | $1,650,000 |
|---|---|
| Nov 5, '10 - Mar 29, '11 | $1,250,000 |
| Mar 29, '11 - May 4, '11 | $999,000 |
| May 4, '11 - Today | $899,000 |
Additional Details
| Accts Payable Expense Source | Broker Projection |
|---|---|
| Accts Rec Expense Source | Broker Projection |
| Air Conditioning | Central Air |
| Ann Rnt Expense Source | Broker Projection |
| Business Age | 4-6 Years |
| Business Type | Bar/Lounge/Nite Club |
| Construction | Brick, Concrete, Steel |
| Electrical Service | Over 600 Amps |
| Estimated Tax/Sf | 1.82 |
| Frontage/Access | City Street |
| Gr Sales Ann Expense Source | Broker Projection |
| Heat/Ventilation | Forced Air |
| Information | 48-Hr Notice Required |
| Inventory Expense Source | Broker Projection |
| Known Encumbrances | None Known |
| Lease Type | Net |
| Listing Type | Exclusive Right To Sell |
| Location | Central Business District |
| Lot Dimensions | 75X100 |
| Lot Size | Less Than .25 Acre |
| NOI Source | Broker Projection |
| Potential Use | Commercial, Liquor License |
| Property Offered | For Sale or Rent |
| Property Type | Bus / Bus w/Real Est |
| Real Estate Included? (Y/N) | No |
| Sale Price Includes | Business, Business Name, Equipment, Lease Hold Interest, License/Permit, Phone Number, Trade Fixtures, Trade Mark/s |
| Sales Taxes | 0 |
| Sales Taxes Expense Source | Broker Projection |
| Sales Taxes Year | 2008 |
| Status | Active |
| Taxes | 0 |
| Taxes Expense Source | Broker Projection |
| Taxes Year | 2008 |
| Tenant Pays | Air Conditioning, Common Area Maintenance, Electric, Heat, Insurance, Janitorial, Real Property Taxes, Scavenger |
| Total Op Expense Source | Broker Projection |
| Type Of Lease | Net Lease |
| Type Ownership (Business) | Limited Liability Corp. |
Location
Bird's Eye
Listed with Jameson Commercial
Contact us about this Property
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2012 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2012 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2012.
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