LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO,...

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» High Grossing Tavern in Lakeview Just West of the 6 Corner Intersection of Belmont / Lincoln / Ashland » Substantial Positive Cash Flow » Transferable Tavern & Retail Food Licenses, with a Sidewalk Café Permit » Two Sets of 10 Tap Handles on the Very Long Bar » A Retrofitted Rear Garage Contains the Refrigerated Glycol Draft System and All Inventory » Total of 2,680 SF » 13+ Feet of Ceiling Height jamesoncommercial.com ©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation. LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 dba: FLAGSHIP BUSINESS ONLY LIST PRICE // $279,000 MIKE COSTANZO Business Broker // Senior Associate (P) 312.929.1510 (C) 312.399.5080 [email protected] » Internal Occupancy: 175 Persons Standing OR 145 Persons Seated; Sidewalk Permit: 10 Persons Seated » Assignable NET Lease with 2 Five Year Options; No CAM » Base Rent: $5,679.42 / Monthly ($25.43 PSF) » RE Taxes: $1,447.37 / Monthly ($6.48 PSF) » Zoning: B1-3 » All FF&E Included » Proof of Funds Required Prior to Showing » 3% Co-Op Commission DO NOT DISTURB EMPLOYEES

Transcript of LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO,...

Page 1: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

» High Grossing Tavern in Lakeview Just West of the 6 Corner Intersection of Belmont / Lincoln / Ashland

» Substantial Positive Cash Flow» Transferable Tavern & Retail Food Licenses, with a Sidewalk Café Permit» Two Sets of 10 Tap Handles on the Very Long Bar» A Retrofitted Rear Garage Contains the Refrigerated Glycol Draft System and All Inventory» Total of 2,680 SF» 13+ Feet of Ceiling Height

jamesoncommercial.com©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.

LAKEVIEW:1622 W. BELMONTCHICAGO, IL 60657

dba: FLAGSHIPBUSINESS ONLY

LIST PRICE // $279,000

MIKE COSTANZO Business Broker // Senior Associate(P) 312.929.1510 (C) 312.399.5080 [email protected]

» Internal Occupancy: 175 Persons Standing OR 145 Persons Seated; Sidewalk Permit: 10 Persons Seated» Assignable NET Lease with 2 Five Year Options; No CAM» Base Rent: $5,679.42 / Monthly ($25.43 PSF)» RE Taxes: $1,447.37 / Monthly ($6.48 PSF) » Zoning: B1-3» All FF&E Included» Proof of Funds Required Prior to Showing» 3% Co-Op Commission

DO NOT DISTURB EMPLOYEES

Page 2: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

ADDITIONAL PHOTOS1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 3: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

ADDITIONAL PHOTOS1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 4: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

FLOOR PLAN1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 5: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

SURVEY1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 6: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

LEASE ABSTRACT1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 7: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

FF&E1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 8: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

FF&E1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 9: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

AERIAL & STREET DETAIL1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

Page 10: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

DEMOGRAPHICS MAP1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.

2010 STATISTICS 0.25 Miles 0.5 Miles 1 Mile

Total Population 4,337 17,805 72,662

Total Number of Households 1,912 7,854 31,596

Average Household Income $148,340 $141,150 $140,169

Median Age 32.1 31.4 30.7

Page 11: LAKEVIEW: 1622 W. BELMONT CHICAGO, IL 60657 · 2020. 1. 16. · SURVEY 1622 W BELMONT AVE CHICAGO, IL 60657 425 West North Avenue | Chicago, IL 60610 jamesoncommercial.com JAMESON

DEMOGRAPHICS 0.25 Miles 0.5 Miles 1 Mile

TOTAL POPULATION 4,337 17,805 72,662

MEDIAN AGE 32.1 31.4 30.7

MEDIAN AGE (MALE) 33.9 32.4 31.2

MEDIAN AGE (FEMALE) 30.1 30.5 30.6

TOTAL HOUSEHOLDS 0.25 Miles 0.5 Miles 1 Mile

TOTAL HOUSEHOLDS 1,912 7,854 31,596

# OF PERSONS PER HH 2.3 2.3 2.3

AVERAGE HH INCOME $148,340 $141,150 $140,169

AVERAGE HOUSE VALUE $627,023 $620,587 $657,171

POPULATION 0.25 Miles 0.5 Miles 1 Mile

TOTAL POPULATION - White 3,882 16,336 64,895

TOTAL POPULATION - Black 62 174 1,817

TOTAL POPULATION - Hispanic 327 1,259 6,307

TOTAL POPULATION - Asian 222 766 2,931

TOTAL POPULATION - Hawaiian 2 5 5

TOTAL POPULATION - Indian 19 31 84

TOTAL POPULATION - Other 103 361 1,870

DEMOGRAPHICS REPORT1622 W BELMONT AVECHICAGO, IL 60657

425 West North Avenue | Chicago, IL 60610jamesoncommercial.com

JAMESON COMMERCIAL REAL ESTATE

©Jameson Real Estate LLC. All information provided herein is from sources deemed reliable. Norepresentation is made as to the accuracy thereof & it is submitted subject to errors, omissions,changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions &estimates are presented as examples only & may not represent actual performance. Consult tax &legal advisors to perform your own investigation.