Established Bar in Irving
For Sale
Contact for pricing
3058 Irving Park Road, Chicago, IL 60618
Iconic bar with transferable license in a vibrant Chicago neighborhood.
Property Size5,112 SF
Price / SF$58.49
Days on Market160
Property Features for 3058 Irving Park Road
General Information
Standard status
Active
Size
5,112 SF
Property subtype
Business for Sale
Zoning
B3-1
Lease Type
Gross
Building Details
Year Built
1965
Stories
2
Tenancy
Single
Listing Agency:
Jameson Commercial Real Estate
(312) 929-1510
Listed By:
Mike Costanzo · License #IL 475.129090
Source:
Crexi
Added: Mar 16
Changed: Aug 8
Last Checked: Aug 22 at 4:55AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,116
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
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 Road 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.
