1224 West webster Avenue
CHICAGO, IL 60614

$4,550,000

Sq. Ft.: N/A
Type: Commercial
Listing #09783934
Located at the corner of Webster and Magnolia, Derby is one of Lincoln Park's premier sports bars (consistently grossing over 2 million in sales with a corporate profit) and is being offered for sale along with the real estate. The mixed-use building is situated on two contiguous lots with over 52 feet of frontage on Webster and an adjacent lot containing an open air and a year round beer garden. It has three floors, with Derby occupying the 4,903 square foot first floor and 2,197 square foot lower level commercial space, plus four residential rental units on the second and third floors. Derby's space is a total of 7,100 square feet and boasts a turn-key kitchen with tons of extras plus five washrooms. The total legal occupancy is 239 people and all FF&E is included. Just minutes from the DePaul University Lincoln Park campus, the property is near all the bars, restaurants, and retail that this area has to offer.
Steve Horvath
Broker: CONLON/Christie's International Real Estate
+1 312.733.7201

Property Features
Location Information
County: Cook
MLS Area: Chicago - Lincoln Park
Directions: Racine north to Webster, one block west, corner of Magnolia and Webster
Exterior Features
Lot Size in Sq. Ft.: 6, 396
Waterfront: No
Additional Information
Year Built: 0
APN: 14321130190000


$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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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 CONLON/Christie's International Real Estate are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. 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. The information being provided is 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.

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MRED LLC data last updated at November 18, 2017 9:40 AM CT

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