Active

5616-24 W Diversey Avenue

Chicago IL, 60639

$3,499,000


$265.00 per sqft

Active

13,204 sqft

Commercial

Courtesy of Jameson Commercial

Seller financing available with a substantial down-payment. Transferable, corporately held Tavern & PPA licenses. Legal occupancy 611 persons within a 10,300 SF nightclub. Impeccable buildout with 3 bars in the main room and a 4th bar in the lounge area. The stage is 29 feet wide X 13.5 feet deep. Ceiling height is 17 feet in the main room with 9-foot ceilings in the lounge area which includes a VIP room; bottle service is offered in both. All FF&E, sound system, lighting, etc. is included. The nightclub building has 75 feet of frontage by 120 feet of depth. The adjacent west side lot (48' X 120') has parking for 10+ cars behind the 2,904 SF building (48' X 60.5') If valet parked, the lot across Diversey south of the nightclub can park 100 + cars; 125' X 125' (15,625 SF). There is a sizeable yearly rental income.

11783536

MLS ID

May 15, 2023

Listed

May 9, 2024

Updated

Map

5616-24 W Diversey Avenue
Chicago IL, 60639

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres

Other Property Details

Area Name

CHI - Belmont Cragin


Taxes

$69,675


Tax Frequency

Annually


Days on Market

360


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

5/3/2024

Active

3/19/2024

Under Contract

Courtesy of Jameson Commercial, Michael Costanzo,
Listing Contact: 312-399-5080 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Melanie Giglio-Vakos Team are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 5/9/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 7:20 AM UTC, 5/9/2024

 

 

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