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Nightclub with Three Bars
For Sale
$1,400,000

Chicago, IL 60632, Chicago, IL 60632

Business Opportunity, Chicago, IL

Property SizeContact for details
Lot Size0.13 Acres
Days on Market361

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Subdivision CHI - Archer Heights
Standard status Active
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 9065

Utilities

Cooling system Central Air

Amenities

dumbwaiter

Building Details

Floors in Building 2
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Paula Boudos · License #475164071
Added: Oct 13, 2025 Changed: Oct 8 Last Checked: Oct 8 at 10:06PM
MLS# 12493879

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Chicago nightclub sale includes the real estate and operating business, with three bar areas and three separate entrances. Existing equipment includes a sound system, concert speakers, smart lighting, and video monitoring. A second-floor apartment has three bedrooms and one bathroom; it is currently vacant. The basement provides additional storage and has a dumbwaiter. The property holds a Tavern License and PPA License, and a video gaming application has been submitted.

Building improvements include a roof replaced in 2022, a new 50,000 BTU AC system, and a second AC unit with recently replaced internal components. The walk-in cooler has a new compressor and coil fan, and a sewer check valve was added. The site is zoned B3-1, and estimated daily traffic is 30,000 to 50,000 vehicles, according to IDOT.

Key Highlights

  • Sale includes the nightclub business and real estate
  • Three bar areas and three separate entrances
  • Second‑floor apartment has 3 bedrooms and 1 bathroom

Property Analytics

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Current Use

Night clubs

Lease Details

1
Residential units
50,000 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
8,792 visits/mo 0.5 miles

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value
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Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • Watra Night Club — 4758 S Pulaski Rd, Chicago, IL 60632
  • Kazmierzanka Lounge — 4785 S Archer Ave, Chicago, IL 60632
  • Dom Podhalan — 4808 S Archer Ave, Chicago, IL 60632
  • Co Co Club — 3350 W 47th St, Chicago, IL 60632
  • Maddanthony's Bar & Grill — Chicago, IL 60632

Frequently Asked Questions

What type of property is this?
Night club - An upper-floor apartment, basement storage, and three separate entrances complement the venue’s bar configuration.
Where is this night club located?
The property is located at Chicago, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Sale includes the nightclub business and real estate; Three bar areas and three separate entrances; Second‑floor apartment has 3 bedrooms and 1 bathroom
More about this property
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