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Established Bar in Irving Park

3058 Irving Park Rd, Chicago, IL 60618

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For Sale

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Iconic bar with transferable license in a vibrant Chicago neighborhood.

Type:Business for Sale

Property size:

5,112 SF

Price / SF:

$58/SF

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.
5‑year gross lease at $5,500 per month with three 5‑year options.
1,500 sq ft first floor with 11 ft ceilings and a 45 linear ft bar.
Glycol refrigeration system delivers ice‑cold beer to 8 tap handles.

We can help!

Contact an agent

Mike Costanzo

For Sale

Contact for pricing

Iconic bar with transferable license in a vibrant Chicago neighborhood.

Type:Business for Sale

Property size:

5,112 SF

Price / SF:

$58/SF

Added:: Mar 16, 2026
Days on Market:: 113
Last Refresh:: Jul 2 at 5:39 am

Property Features for 3058 Irving Park Rd

General Information

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

We can help!

Contact an agent

Mike Costanzo

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

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.
5‑year gross lease at $5,500 per month with three 5‑year options.
1,500 sq ft first floor with 11 ft ceilings and a 45 linear ft bar.
Glycol refrigeration system delivers ice‑cold beer to 8 tap handles.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Lizard's Liquid Lounge Bar & Pub

Suggested Use

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Location Insight

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Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.7054083
Latitude: 41.9542502

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For sale
Bars & Pubs
IL
Chicago
60618
3058 Irving Park Road

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.