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About This Home

This 0-bedroom, 0-bathroom commercial at 9999 CONFIDENTIAL S Pulaski Road in Chicago, IL is listed for $1,400,000. on a 0.13 acres lot.

Agent Description

Illinois Gaming Board ~ Video Gaming Application has been submitted. Seller has been one of the first to put in his application with so if this is what you are waiting for, it's go time! This is a rare chance to own a piece of Chicago's night-life history in the Archer Heights neighborhood and with a PPA License already in place there is so much opportunity here!

This legendary venue/nightclub is now up for sale and complete with real estate, business, inventory and a 3 bedroom, 1 bath apartment on the 2nd floor (Great for generating extra income or owner occupant). Owned & operated for 33 years the current owner is now semi-retired and has scaled back operations to just 3 nights a week and is ready to turn over his hat to the next savvy business owner.

No financial statements have been provided by the owner at this time and interested buyers should be prepared to conduct their own due diligence. The property/business is priced accordingly as an appraisal was done in February, 2020 and appraised out for $2,090.000 so this current sales price presents an opportunity for a hands-on operator to build value.

Zoned B3-1 ~ With high visibility an estimated 30,000 to 50,000 vehicles pass by per day (IDOT), this is a great corner location for a Southwest side of Chicago bar/nightclub/restaurant to thrive on. What is included: Too much to list (An Inventory list is forthcoming) but, to start: ~ State of the art Dass sound system ~ Smart lighting system ~ video monitoring ~ concert speakers.

3 distinct bars in one ~ with 3 separate entrances ~ ~ The perfect scene for every mood. This is a fantastic opportunity for a new owner to expand the hours of operation, rent the apartment for extra income or live where you work. The building has been beautifully maintained and the roof was redone in 2022, (1) New 50,000 btu AC system and the 2nd

AC unit has been well maintained with recently replaced major internal components; the walk-in-cooler has a new compressor and coil fan, and a new check valve on the sewer which was a $10,000 upgrade. There is also a huge basement for extra storage with a "Dumbwaiter" To make this even a better fit, seller may consider owner financing.

Key Features

  • 0.13 acre lot
  • 2 stories

Property Details

2 stories

Amenities

A/C

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

9999 CONFIDENTIAL S Pulaski Road

Chicago, IL 60632

Property Details

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 9999 CONFIDENTIAL S Pulaski Road is listed at $1,400,000. The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.

Key features include: 0.13 acre lot, 2 stories.

This property is listed by Paula Boudos and can be reached at (708) 798-1111 or paulaboudos@kw.com.

PB

Paula Boudos

Agent at Keller Williams Preferred Rlty

(708) 798-1111

Listed by Keller Williams Preferred Rlty

MLS# 12493879· Source: listhub· Updated 231 days ago

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9999 CONFIDENTIAL S Pulaski Road, Chicago, IL 60632

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