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    3259 W 111Th St Chicago, IL 60655

    Sponsored
    For Sale
    $250,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.08 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for 3259 W 111Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    24232060840000
    Lot size
    0.08 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    1

    RE/MAX Legends (708) 655-5000 [email protected]

    Listing agent Jaymi Block (708) 655-5000

    Listing date Jan 6, 2026

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mt. Greenwood Bar/Lounge Opportunity

    This is a rare opportunity to own both the real estate and business of a long-standing neighborhood bar/lounge in the Mt. Greenwood area of Chicago. The property, a staple on 111th Street, has been under the same ownership for many years. The building features 1350 square feet of space and benefits from strong visibility. Situated in one of Chicago's most loyal and thriving markets, this property offers endless potential for an owner-operator or investor. The lot size is 0.08 acres. The property is zoned COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Mackells Inn Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lawlor’s Bar on 111th st, Starbucks, 115 Bourbon Street, Grant's Wonderburger Grill & Gallery, Lawlor's Bar

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7030877
    Latitude
    41.6912017

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    FAQs

    What type of property is this?
    Bar - Long-standing neighborhood bar/lounge with real estate in thriving Chicago market.
    Where is this bar located?
    The property is located at 3259 W 111Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Rare opportunity to own both the real estate and a business.; - Long-standing, established neighborhood bar/lounge.; - Strong visibility on 111th Street.
    (708) 655-5000
    Request Owner's contact information
    3259 W 111Th St Chicago, IL 60655
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    Chicago, IL 60655
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3259 W 111Th St Chicago, IL 60655
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