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Avondale European Sports Bar

3930 W School Street, Chicago, IL 60618

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For Sale

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Established European sports bar and cafe in Avondale neighborhood.

Type:Retail

Property size:

1,447 SF

Price / SF:

$127/SF

HighLights

Established European Sports Bar and Café in a desirable Avondale location.
Profitable business with annual gross revenue exceeding $315K.
Includes all FF&E, bar inventory, and business name.
Full‑service kitchen and bar operating seven days a week.
Features a 32‑foot wrap‑around bar, brick walls, exposed ceiling timbers, and private outdoor patio.
Opportunity for license transfer via short‑term management agreement.

We can help!

Listing Contact

Mikus Kins

For Sale

Contact for pricing

Established European sports bar and cafe in Avondale neighborhood.

Type:Retail

Property size:

1,447 SF

Price / SF:

$127/SF

Added:: May 28, 2020
Days on Market:: 2212
Last Refresh:: May 20 at 8:13 pm

Property Features for 3930 W School Street

General Information

Standard status: Active
Size: 1,447 SF
Property subtype: Retail

We can help!

Listing Contact

Mikus Kins

Listing agent Mikus Kins License #IL 475.161490

Listing office Caton Commercial Real Estate Group

Listing date May 28, 2020

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 Caton Commercial Real Estate Group

HighLights

Established European Sports Bar and Café in a desirable Avondale location.
Profitable business with annual gross revenue exceeding $315K.
Includes all FF&E, bar inventory, and business name.
Full‑service kitchen and bar operating seven days a week.
Features a 32‑foot wrap‑around bar, brick walls, exposed ceiling timbers, and private outdoor patio.
Opportunity for license transfer via short‑term management agreement.

Overview

A European sports bar and cafe business is available for sale in the Avondale neighborhood. The sale encompasses all furniture, fixtures, and equipment, bar inventory, and the business name. This neighborhood bar has been operating for over 10 years, providing full-kitchen and bar service seven days a week. The establishment serves gourmet coffee during the day and beer/cocktails at night, with European football games shown. Areas can be hired out for private parties. The property features a 32-foot wrap-around bar, brick walls, exposed ceiling timbers, and a private outdoor patio. Additional outdoor seating is available in the front of the building. The current restaurant space is 1,447 square feet. The annual gross revenue exceeds $315,000. The monthly rent is $4,000, and the sale requires either assuming the existing lease or negotiating a new lease with the landlord. Licenses can be transferred via a short-term management agreement until new licenses are issued. Note that this is an asset sale, and the existing corporation is not included.

Property Profile Location Intelligence

Current Use by Public Records

MILANO’S Cafe Bar Restaurant

Suggested Use

Similar Places Nearby

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Bialystok Pub — 3653 W Diversey Ave, Chicago, IL 60647
LA CATRINA RESTAURANT — 3924 W Diversey Ave, Chicago, IL 60647
Consignment Lounge — 3520 W Diversey Ave, Chicago, IL 60647
Nuestro amor 😍 — 2829 N Milwaukee Ave, Chicago, IL 60618

Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.7262675
Latitude: 41.9411026

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For sale
Bars & Pubs
IL
Chicago
60618
3930 W School Street

What type of property is this?

Bar & Pub - Established European sports bar and cafe in Avondale neighborhood.

Where is this bar & pub located?

The property is located at 3930 W School Street Chicago, IL.

What is the asking price?

The asking price for this property is $185,000.

What are key features of this property?

This property features: Established European Sports Bar and Café in a desirable Avondale location.; Profitable business with annual gross revenue exceeding $315K.; **Includes all FF&E, bar inventory, and business name.**