5901 W Lawrence Avenue, Chicago, IL
$ 899,000
Property Attributes
  • MLS#11647135
  • TypeBusiness Op
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodPortage Park
  • Zip60630
  • StyleBar/Tavern/Lounge,Food & Beverage,Restaurant
  • Taxes$ 17411
  • Price$ 899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3475
  • Lot Size0.307622 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This long-standing Jefferson Park Tavern/Restaurant, along with the Retail storefront, is being offered for Sale, including the 13,400sf of total land it sits on. Two lots included altogether. This is available with or without purchasing the Business and licenses (Tavern license and Retail Food license). The structure is 3,475sf with the Tavern currently occupying 2,435sf along with a 1,040sf attached adjacent retail space that can be used for additional seating, private parties, processing carry-out orders, or a completely separate storefront to rent out for additional income. The main area layout features classic Chicago tin ceilings, hardwood flooring, camera security system, an ADA ramp leading to a raised seating area with a gas fireplace, and an additional raised area perfect for live music or buffet/catering. The bar features a wooden, custom-built shape currently with 12 beer taps with enough space to double or triple the amount taps, along with tons of space to display and store spirits. Large men's and women's restrooms in the main space with multiple stalls. The full kitchen features a 15' hood with Ansel system, two fryers, a griddle top, large range with oven, plenty of prep space, under counter refrigerator along with a reach-in, 3-compartment sink and hand wash sink. The huge basement features a large ice machine, the first walk-in cooler in front, tons of storage and possible office space, soda syrup taps, deep freezer, a massive rear walk-in beer cooler to house the kegs, along with multiple egress points from the basement for easy handling of deliveries. There's an abundance of outdoor seating with a side patio and a huge rear patio. There's also potential for 20 off-street parking spaces along with a trash enclosure and storage shed. Great accessibility here with the Metra station in close proximity along with multiple bus stops. Nearby Norridge Commons offers National brands like Amazon Fresh, Best Buy, Target, along with nearby local businesses such as Butera Market, Video Land, Earl's BBQ, Joe's Pizza, and many more.

Price History
10/6/2022 Listed $950,000
11/23/2022 11% - $850,000
12/20/2022 6% - $799,000

General Features

Additional Parcels Y/N Yes
Business Type Bar/Tavern/Lounge, Food & Beverage, Restaurant
City Chicago
Cooling Central Individual
County Cook
Days on Market 332
Directions On the South side of Lawrence Ave., 1/3 mile west of Central Ave.
Lot Size Square Feet 13400
MLS Area CHI - Portage Park
Operating Expense 100000
Possession Closing
Property Type Bus / Bus w/Real Est
Property Type Business Opportunity
Standard Status Active
Status Active
Stories 1
Street Name Lawrence
Tax Annual Amount 17411
Tax Year 2021
Tenant Pays Other

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 3475
Lot Dimensions 13400
Total Parking 20


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60630

AVG $630K
AVG $18,036
AVG 144
AVG 82
Data Provided by Walkscore ® not using MLS data

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