Business Overview

One of a kind! The Newark Nook is one of Chicago’s last remaining side street taverns. These are becoming rarer and rarer – grab this piece of Chicago history and make it your own! The building is mixed-use with a bar, two apartments, and a huge yard. The first floor has a large operational bar with regular (beloved) clientele with a tavern license that allows you to open as early as 7 AM and close at 2 AM every day, plus stay open till 3 AM on Saturday. Two bathrooms, office, and storage. LOTS of outdoor space. Expansive yard with multiple spaces for events and entertaining. Upstairs has two 1 bed apartments. The first unit is larger, with an updated kitchen. The second unit has a longtime tenant. Giant attic on the 3rd floor that could be finished out. Combine the two apartments and the attic for a massive owner’s unit. Property abuts lovely Pleasant Point Park. Grab this unique building and business to continue the Chicago tavern tradition

Financial

Seller Financing Available

  • Asking Price: $400,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:2,200
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A