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1224 W Webster Avenue

Chicago, Illinois 60614


Debra Secher
312.636.7000

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$4,550,000


Square Footage
7,100
Debra Secher
312.636.7000
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Property Type
Business
Neighborhood
Lincoln Park


Derby is at the northeast corner of Webster and Magnolia; it is Lincoln Park's premier sports bar. The business consistently grosses over 2 M in sales with a corporate profit. There are two contiguous lots with over 52 feet of frontage on Webster Avenue containing a 3 story corner building with 4 residential rental units on the 2nd and 3rd floors, and an adjacent lot which has both an open air and a year round beer garden. There is a turn-key kitchen with many extras; all FF&E included. The total legal occupancy of Derby is 239 persons. The first floor has 4,903 square feet with a lower level of 2,197 for a total business square footage of 7,100 square feet. 5 Washrooms. This listing is for sale two ways: 1) business with real estate and 2) business-only with a 10 year Net lease with options. Proof of funds is mandatory prior to scheduling a showing. Do Not Disturb the Employees.



Full Features
Lot Size: Less Than .25 Acre
Parking Spaces: 3
Cooling System: Central Air
Stories: 3
Current Use: Commercial
Business Use: Restaurant
Potential Use: Commercial
Zoning: COMMR
Building Square Feet: 7,685


Taxes & Assessments
Taxes: $36,223

Listing Office: Jameson Commercial

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Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of Midwest Real Estate Data, LLC. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.


Lincoln Park photo


Lincoln Park

Lincoln Park, one of Chicago's most sought-after neighborhoods, is located just two miles north of downtown and bordered by North Avenue, Diversey Parkway, the Chicago River and Lake Michigan. The community offers an appealing blend of active retail streets, urban…

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Nearby Public Transportation

CTA Rail

at Fullerton (0.41 miles away)

Metra
Union Pacific North, Union Pacific Northwest, Milwaukee District North, North Central Service, Milwaukee District West, Union Pacific West

at Clybourn Metra (0.56 miles away), Clybourn, Western Ave Metra, Western and others







1224 W Webster Avenue Chicago, Illinois 60614 is a business property, currently listed at $4,550,000. Want to learn more about 1224 W Webster Avenue Chicago, Illinois 60614? Contact an @properties agent to request more info.


© 2017 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.