Masonry Bar and Pub
For Sale
Contact for pricing
Pending
1541 W 87th St, Chicago, IL 60620
Masonry commercial building with on-site parking and a prior sports bar and banquet hall configuration.
Property Size12,000 SF
Lot Size1.20 Acres
Days on Market144
Property Features for 1541 W 87th St
General Information
Standard status
Pending
Size
12,000 SF
Total Parking Spaces
90
Lot size
1.20 Acres
Property subtype
Retail
Zoning
C1-2
Occupancy
100%
Financials
Asking Price
$4,800,000
Cap Rate
6.5%
Business Included
Yes
Restaurant
Seating Capacity
400
Hood Type
Type I
Commercial Hood
Yes
Grease Trap
Yes
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Traffic Count
35,000 vehicles/day
Building Details
Year Built
1985
Listing Agency:
Monarch Realty Partners
Listed By:
Robert Berman · License #475172109
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 3:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarch Realty Partners
Investment Insights
Based on property information with market context.
This masonry-constructed bar and pub property includes approximately 12,0000 square feet of building area. The space was previously occupied as a sports bar and banquet hall, providing a commercial layout associated with bar, dining, and event use.
On-site parking is available. The property is located at 1541 W 87th St in Chicago, Illinois 60620.
On-site parking is available. The property is located at 1541 W 87th St in Chicago, Illinois 60620.
Key Highlights
- Approximately 12,0000 square feet of building area
- Masonry construction
- Previously occupied as a sports bar and banquet hall
Property Analytics
Property Profile
Current Use
Lease Details
35,000 VPD
Traffic count
100%
Occupancy
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Grease trap
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
88k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 45%
Electronics 5%
Wendy's
Dining
19,693 visits/mo
0.5 miles
McDonald's
Dining
17,968 visits/mo
0.4 miles
Family Dollar
Shops & Services
11,523 visits/mo
0.5 miles
Shell
Shops & Services
7,425 visits/mo
0.0 miles
Citgo
Shops & Services
6,991 visits/mo
0.2 miles
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Masonry commercial building with on-site parking and a prior sports bar and banquet hall configuration.
Where is this bar & pub located?
The property is located at 1541 W 87th St Chicago, IL.
What are key features of this property?
This property features: Approximately 12,0000 square feet of building area; Masonry construction; Previously occupied as a sports bar and banquet hall
