5938 Broadway St Chicago, IL 60660-3562
This exceptional turnkey restaurant opportunity is located in Chicago's vibrant Edgewater neighborhood at 5938 N Broadway Street, boasting a prime location with high foot traffic. The 3,000 square foot space features two fully equipped kitchens – a pizzeria and a bistro – perfect for a diverse menu. The spacious dining area comfortably seats 99 guests, complemented by additional cafe seating. A fully equipped bar, complete with glassware, adds to the establishment's appeal. A large patio further enhances the dining experience, offering seating for an additional 40 patrons. The property includes a new HVAC system and a new, extra-large walk-in cooler. High-quality appliances and stylish furniture are included, featuring Blodgett ovens, True coolers, and all stainless-steel equipment. The property also benefits from ample outlets and plumbing in excellent condition. The asking price is $100,000, and the lease is $6,000 per month, inclusive of CAM charges. The liquor license is included in the sale. The lot size is 6,250 square feet. This is a rare chance to acquire a fully operational restaurant with significant potential in a highly desirable location. Don't miss this opportunity to establish your own successful culinary venture.
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Skirce Co. Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.