1023 W Lake ST Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60607
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12423545
Annual Tax Amount $1
Tax Year 2023
Property Sub-Type Bus / Bus w/Real Est
Property Description
Amazing corner location in West Loop!Riccardo's Corner restaurant , classic Chicago look with hardwood floors,beautiful bar, lots of new opening french doors and sidewalk patio! 2500 asf upstairs and 2500 asf basement/prep. Great location and very clean fully built out restaurant. Key money is $75000 and includes Clean corporation/liquor license NOT Name, ( must do a dba) lease is triple net, 60% of taxes ,water,all utilities. Viewings on Sunday and Monday when closed. do not disturb or speak to staff. .apx 65 -70 occupancy in restaurant and about 30 on outdoor. Walk in freezer/fridge combo. apx 10 ft hood, all refrigeration and ff &e that is not the tenants is the owners and stays in place..new hot water heaters. 2 ada baths. must sign non disclosure for info on lease and pass thru's. lease is $17491 Net plus pass thru's (60% of tax,water).. 3 years left on lease and 5 yr option. Please call for nda and to get Lease, financials and pass thru.s
Location
State IL
County Cook
Area Chi - Near West Side
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est