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3058 Irving Park Rd Chicago, IL 60618

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For Sale
$299,000

Iconic bar with transferable license in a vibrant Chicago neighborhood.

Type:Retail, Business for Sale
Property size:
5,112 SF
Added:
Mar 16, 2026
Days on Market:
17
Last Refresh:
Mar 19 at 11:43 pm

Property Features for 3058 Irving Park Rd

General Information

Standard status
Active
Size
5,112 SF
Property subtype
Retail, Business for Sale

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Listing Contact
Mike Costanzo

Listing agent Mike Costanzo License #IL 475.129090

Listing office Jameson Commercial Real Estate

Listing date Mar 16, 2026

Source Crexi

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 Jameson Commercial Real Estate


Overview

Established Bar in Irving Park

This established bar, operating for the last 18 years, is located in the Irving Park neighborhood of Chicago. The business benefits from a corporately held, transferable Tavern license originally issued 61 years ago in 1965. The first floor encompasses approximately 1,500 square feet with an 11-foot ceiling height and a 45 linear-foot bar-top. An additional 780 square feet in the basement provides storage space. The first floor includes a large keg room with a glycol refrigeration system that supplies ice-cold beer to 8 tap handles. The property is subject to a 5-year gross lease starting at $5,500 per month, with three 5-year options. Irving Park is known for its diverse dining options, nightlife, and proximity to attractions such as Wrigley Field, the Lincoln Park Zoo, and the Theater on the Lake. Convenient access to public transportation, including the Blue Line and multiple bus routes, attracts both locals and tourists. This location is suitable for hospitality and full-service investors.
Location Intelligence

Current Use by Public Records

Lizard's Liquid Lounge Bar & Pub

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7054083
Latitude
41.9542502

FAQs

What type of property is this?
Bar & Pub - Iconic bar with transferable license in a vibrant Chicago neighborhood.
Where is this bar & pub located?
The property is located at 3058 Irving Park Rd Chicago, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: High‑grossing, iconic brand with 18 years of established business.; Transferable Tavern license originally issued in 1965.; Prime location in the vibrant and rapidly growing Irving Park neighborhood of Chicago.
More about this property
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