160 North Franklin Street Chicago, IL 60606

$928,000
0.19
Acres
$928,000
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sold - 08/30/2024
1/19
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Heart of Chicago's Loop. Commercial condo and all its bar/restaurant assets are for sale. The business' corporate entity is not for sale. The Pub business is currently operating as the brand, Tradition and has been for the last 12 years. Legal interior occupancy is 143 persons for the first floor (3,300 square feet) with a ceiling height of 17 feet. There is a fully equipped basement bar (1,400 square feet) with storage facilities and employee washrooms having a ceiling height of 8 feet with access to an elevator. If both interior floors would be used for the customers, the total square footage is 4,700 square feet. Restaurant frontage is 37.5 feet with additional frontage of 12.5 feet for the vacated alley used as a patio on the building's south side; plus, there is a sidewalk cafe operation. Two 12-tap handle refrigerated draft systems. Two walk-in coolers & one walk-in freezer. The kitchen has a 20-foot exhaust hood with a fire suppression system. All FF&E is included. Zoning DC-16. Proof of Funds Required Prior to Showing.

Heart of Chicago's Loop. Commercial condo and all its bar/restaurant assets are for sale. The business' corporate entity is not for sale. The Pub business is currently operating as the brand, Tradition and has been for the last 12 years. Legal interior occupancy is 143 persons for the first floor (3,300 square feet) with a ceiling height of 17 feet. There is a fully equipped basement bar (1,400 square feet) with storage facilities and employee washrooms having a ceiling height of 8 feet with access to an elevator. If both interior floors would be used for the customers, the total square footage is 4,700 square feet. Restaurant frontage is 37.5 feet with additional frontage of 12.5 feet for the vacated alley used as a patio on the building's south side; plus, there is a sidewalk cafe operation. Two 12-tap handle refrigerated draft systems. Two walk-in coolers & one walk-in freezer. The kitchen has a 20-foot exhaust hood with a fire suppression system. All FF&E is included. Zoning DC-16. Proof of Funds Required Prior to Showing.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Loop
  • Tax Amount
    $35,422
  • Status
    Sold
  • Listing #
    12061395
  • Lot Size
    0.19
  • Listed on site
    109 days
  • Sold Price
    928000

Listed by:
Jameson Commercial

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Jameson Commercial.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Property History

DateDays AgoEventNew Price
Sep 6, 20241 day agoPrice decreased72,000 (7%)$928,000
Aug 5, 20241 mo agoPrice increased101,000 (10%)$1,000,000
Jul 22, 20242 mos agoPrice decreased200,000 (18%)$899,000
May 21, 20244 mos agoNew on market$1,099,000
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