Undisclosed Address
Chicago, Illinois, 60632, United States
6,654
ft²
0.13
acres
-
beds
-
baths
Property Provided By
- Paula Boudos
- Keller Williams Preferred Rlty
- +1 (708) 548-6132
Property Information
Illinois Gaming Board ~ Video Gaming Application has been submitted. Seller has been one of the first to put in his application with so if this is what you are waiting for, it's go time! This is a rare chance to own a piece of Chicago's night-life history in the Archer Heights neighborhood which currently holds a Tavern License, PPA License and a video gaming license has been applied for... So much opportunity here! This legendary venue/nightclub is now up for sale and complete with real estate, business, a 3 bedroom, 1 bath apartment which is currently not rented) on the 2nd floor (Great for generating extra income or owner occupant). Owned & operated for 33 years the current owner is now semi-retired and has scaled back operations to just 3 nights a week and is ready to turn over his hat to the next savvy business owner. The property/business is priced below the appraised value as an appraisal was done in February, 2020 and appraised out for $2,090.000 so this current sales price presents an opportunity for a hands-on operator to build value. Zoned B3-1 ~ With high visibility an estimated 30,000 to 50,000 vehicles pass by per day (IDOT), this is a great corner location for a Southwest side of Chicago bar/nightclub/restaurant to thrive on. What is included: Too much to list but, to start: ~ State of the art Dass sound system ~ Smart lighting system ~ video monitoring ~ concert speakers. 3 distinct bars in one ~ with 3 separate entrances ~ ~ The perfect scene for every mood. This is a fantastic opportunity for a new owner to expand the hours of operation, rent the apartment for extra income or live where you work. The building has been beautifully maintained and the roof was redone in 2022, (1) New 50,000 btu AC system and the 2nd AC unit has been well maintained with recently replaced major internal components; the walk-in-cooler has a new compressor and coil fan, and a new check valve on the sewer which was a $10,000 upgrade. There is also a huge basement for extra storage with a "Dumbwaiter" To make this even a better fit, seller may consider owner financing.
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Source Disclaimer
Based on information submitted to the MLS GRID as of 2026-08-28 20:50:11 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Information herein is deemed reliable but not guaranteed and 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. This content last updated on 2026-11-06 01:01:45. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
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Property Provided By
- Paula Boudos
- Keller Williams Preferred Rlty
- +1 (708) 548-6132
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