Business Overview

7100 SF Commercial building with a large parking lot on a 19,950 SF lot. Located on historic Stony Island Ave, just South of E 88th Street. Family owned and operated for three generations, Kenwood liquors has been serving Chicago since 1949 and has occupied this location since 1970. Fully Equipped ADT Security System along with wireless cameras (32 total) throughout the retail space, storage areas and office. Private office overlooks retail space and equipped with speaker system and surround sound throughout. Retail space has multiple aisles, full back wall of coolers and counter space for six registers plus one portable register. Building has been well maintained with updated electrical (2019), HVAC (2014), hot water tank (2018) and brand new roof (2019). Included in sale: all remaining equipment, furniture and licenses; name is not included in the sale. Existing licenses transferrable in the sale: Retail Food, Packaged Goods and Liquor License. 0.9 Miles to the Woodruff/87th Street Metra Train Station, easy access to Lake Shore Drive and multiple bus stops. Area tenants include: AutoZone Auto Parts, CVS, Pizza Hut, The Licking, Dunkin’ Donuts, Popeyes Louisiana Kitchen, Wingstop, Dollar Tree, Checkers, Pete’s Produce, Citi Bank, Walgreens and much more.

Financial

Seller Financing Available

  • Asking Price: $3,000,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 2009

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:7,100
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A