Avondale European Sports
For Sale
Contact for pricing
3930 W School Street, Chicago, IL 60618
Established European sports bar and cafe in Avondale neighborhood.
Property Size1,447 SF
Price / SF$127.85
Days on Market2303
Property Features for 3930 W School Street
General Information
Standard status
Active
Size
1,447 SF
Property subtype
Retail
Zoning
B1-2
Occupancy
100%
Lease Type
Modified Gross
Net Operating Income
$106,079
Building Details
Tenancy
Single
Listing Agency:
Caton Commercial Real Estate Group
Listed By:
Mikus Kins · License #IL 475.161490
(312) 925-8013
Source:
Crexi
Added: May 28, 2020
Changed: Sep 11
Last Checked: Sep 15 at 6:22AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.**
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
108k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Shops & Services 48%
Electronics 3%
Wendy's
Dining
16,305 visits/mo
0.2 miles
Taco Bell
Dining
11,432 visits/mo
0.3 miles
Shell
Shops & Services
11,154 visits/mo
0.5 miles
Shell
Shops & Services
10,201 visits/mo
0.3 miles
Burger King
Dining
9,506 visits/mo
0.3 miles
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
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Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
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.**
