$1,099,000
Active Under Contract
25 Days Online
0 Beds0 Baths14,000 SQFT
Active Under Contract

160 N Franklin Street Chicago, IL 60606

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Heart of Chicago's Loop. Commercial condo and all its bar/restaurant assets are for sale. The business' corporate entity is not for sale. The Pub business is currently operating as the brand, Tradition and has been for the last 12 years. Legal interior occupancy is 143 persons for the first floor (3, 300 square feet) with a ceiling height of 17 feet. There is a fully equipped basement bar (1, 400 square feet) with storage facilities and employee washrooms having a ceiling height of 8 feet with access to an elevator. If both interior floors would be used for the customers, the total square footage is 4, 700 square feet. Restaurant frontage is 37.5 feet with additional frontage of 12.5 feet for the vacated alley used as a patio on the building's south side; plus, there is a sidewalk cafe operation. Two 12-tap handle refrigerated draft systems. Two walk-in coolers & one walk-in freezer. The kitchen has a 20-foot exhaust hood with a fire suppression system. All FF&E is included. Zoning DC-16. Proof of Funds Required Prior to Showing.

  • Property TypeBusiness Opportunity
  • NeighborhoodN/A
  • CountyCook
  • Taxes$35,422
  • HOA/Condo/Coop Fees$0
  • Days on Site25 Days
  • MLS StatusActive Under Contract
  • MLS ID Number12061395
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Number of Stories 4
  • Lot Size Less Than .25 Acre
  • Number Of Stories 4

Interior Features

  • Cooling Central Air

Community Features

  • MLS Area CHI - Loop

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Monthly Payment (Est.)

$5,820
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