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171 N Addison Avenue

Elmhurst, IL 60126
  • $2,800,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 12116800
Price Reduced
UPDATED: 95 min ago
$2,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

Elmhurst Brewing Company, an award-winning 15-barrel brewpub, with a modern commercial kitchen and an expansive beergarden is now available. The brewpub is located in a gorgeous, free-standing property in the heart of downtown Elmhurst, at 171 N. Addison Ave. The 6,600sf building received a complete floor to ceiling $1.2 million renovation in 2017, including all new plumbing, HVAC, sprinkler systems, floors and sound proofing. Between the brewing operation and the brewpub, there is FF&E valued in excess of $400,000 (Fermenters, Brite Tanks, Boiler, Mill, Pilot System, and a fully furnished and equipped restaurant kitchen, bar and dining room). The entire property is over 10,000sf and has excellent visibility on Addison Ave amongst other thriving businesses and developments, 1 block west of York Rd. Features include high ceilings and a fully built out restaurant and brewery with a 90-seat dining room, a large bar with showpiece stainless steel tanks, a 50-seat mezzanine event room with a separate bar used for private events, business meetings and overflow dining. The beergarden seats an additional 160 guests and hosts regular events, beanbag leagues, outdoor dining and live music. This is truly a turnkey operation that has been meticulously maintained and has a very loyal following.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-10-05T00:00:39.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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171 N Addison Avenue Elmhurst, IL 60126

  • Price: $2,800,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 95 min ago
  • MLS #: 12116800
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Dupage
County:
Dupage
Area:
Dupage
Property Description
Elmhurst Brewing Company, an award-winning 15-barrel brewpub, with a modern commercial kitchen and an expansive beergarden is now available. The brewpub is located in a gorgeous, free-standing property in the heart of downtown Elmhurst, at 171 N. Addison Ave. The 6,600sf building received a complete floor to ceiling $1.2 million renovation in 2017, including all new plumbing, HVAC, sprinkler systems, floors and sound proofing. Between the brewing operation and the brewpub, there is FF&E valued in excess of $400,000 (Fermenters, Brite Tanks, Boiler, Mill, Pilot System, and a fully furnished and equipped restaurant kitchen, bar and dining room). The entire property is over 10,000sf and has excellent visibility on Addison Ave amongst other thriving businesses and developments, 1 block west of York Rd. Features include high ceilings and a fully built out restaurant and brewery with a 90-seat dining room, a large bar with showpiece stainless steel tanks, a 50-seat mezzanine event room with a separate bar used for private events, business meetings and overflow dining. The beergarden seats an additional 160 guests and hosts regular events, beanbag leagues, outdoor dining and live music. This is truly a turnkey operation that has been meticulously maintained and has a very loyal following.
Exterior Features

Frontage Type City Street Lot Size .25-.49 Acre Outdoor Parking 6-12 Spaces

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv Controls

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2022 Annual Rent For Real Estate 240000 Building Area Total 6700 Business Age 4-6 Years Business Type Food & BeverageRestaurantManufacturingOther Corporate Limits Elmhurst Current Use CommercialOther Gross Profit Year 2022 Gross Sales Annual 2000000 Gross Sales Annual Year 2022 Mls Actual Status Active Operating Expense 0 Possible Use CommercialLiquor LicenseRecreationalRetailOther Property Offered For Sale or Rent Real Estate Included Yes Rental Price 35 Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentTrade FixturesCustomer ListOwner Will TrainFranchise RightsPhone NumberBusiness Name Tax Annual Amount 38518 Tax Year 2022 Tenant Pays ElectricityHeat Type Bus / Bus w/Real Est Type Of Lease Gross Lease Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Kudan Group, Inc.: 312-575-0480.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2024-10-05T00:00:39.577 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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