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2759 S Pulaski Road

Chicago, IL 60623
  • $1,600,000
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 12123706
UPDATED: 25 min ago
$1,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

We are pleased to present a rare and exceptional opportunity to acquire a well-established and highly successful nightclub that has been a cornerstone of nightlife for 43 years. This iconic venue is not just a business; it is a landmark in the community, renowned for its vibrant atmosphere, top-notch entertainment, and loyal clientele. Established in 1981, this nightclub has consistently been at the forefront of the entertainment scene. A history of robust financial performance with strong revenues and profitability. Strategically located in a bustling, high-traffic area known for its nightlife and entertainment. Easy accessibility with ample parking and proximity to public transportation. The sale includes the nightclub's prime real estate, business and equipment including inventory, ensuring long-term stability and potential for appreciation. Current owner opens the nightclub once per week, however, future buyers can potentially open 3-4 days per week increasing revenue significantly. The property is in mint condition, meticulously maintained, and regularly updated to meet modern standards. Fully equipped with state-of-the-art sound, lighting systems and spacious dance floor. Live performances that draw crowds and keep the venue bustling. Smooth operational processes already in place, ensuring a seamless transition for the new owner. This is more than just a nightclub; it's an institution that has stood the test of time. The new owner will inherit a business that is not only profitable but also beloved by many. The included real estate adds significant value, providing both stability and room for future growth. With everything in place for continued success, this is a perfect chance for an entrepreneur or investor to step into a thriving business with a rich legacy and promising future, with 36 parking spots, roof only 3 years, private office space with full bath (studio). For more detailed information and to schedule a private showing, please contact LA. Don't miss out on this once-in-a-lifetime opportunity to own a piece of nightlife history and steer it towards even greater heights!

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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 2024-10-07T20:01:55.593 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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2759 S Pulaski Road Chicago, IL 60623

  • Price: $1,600,000
  • Status: Active
  • On Site: 66 Days
  • Updated: 25 min ago
  • MLS #: 12123706
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
We are pleased to present a rare and exceptional opportunity to acquire a well-established and highly successful nightclub that has been a cornerstone of nightlife for 43 years. This iconic venue is not just a business; it is a landmark in the community, renowned for its vibrant atmosphere, top-notch entertainment, and loyal clientele. Established in 1981, this nightclub has consistently been at the forefront of the entertainment scene. A history of robust financial performance with strong revenues and profitability. Strategically located in a bustling, high-traffic area known for its nightlife and entertainment. Easy accessibility with ample parking and proximity to public transportation. The sale includes the nightclub's prime real estate, business and equipment including inventory, ensuring long-term stability and potential for appreciation. Current owner opens the nightclub once per week, however, future buyers can potentially open 3-4 days per week increasing revenue significantly. The property is in mint condition, meticulously maintained, and regularly updated to meet modern standards. Fully equipped with state-of-the-art sound, lighting systems and spacious dance floor. Live performances that draw crowds and keep the venue bustling. Smooth operational processes already in place, ensuring a seamless transition for the new owner. This is more than just a nightclub; it's an institution that has stood the test of time. The new owner will inherit a business that is not only profitable but also beloved by many. The included real estate adds significant value, providing both stability and room for future growth. With everything in place for continued success, this is a perfect chance for an entrepreneur or investor to step into a thriving business with a rich legacy and promising future, with 36 parking spots, roof only 3 years, private office space with full bath (studio). For more detailed information and to schedule a private showing, please contact LA. Don't miss out on this once-in-a-lifetime opportunity to own a piece of nightlife history and steer it towards even greater heights!
Exterior Features

Lot Size .25-.49 Acre

Interior Features

Cooling Central Air Heat Ventilation Forced Air

Property Features

Additional Parcels YN Yes Adjusted Net Income 0 Adjusted Net Income Year 2023 Annual Rent For Real Estate 0 Building Area Total 6095 Business Age 11+ Years Business Type Bar/Tavern/Lounge Corporate Limits Chicago Gross Profit Year 2023 Gross Sales Annual 0 Gross Sales Annual Year 2023 Mls Actual Status Active Operating Expense 0 Property Offered For Sale Only Real Estate Included Yes Sale Price Includes LandBuildingBusinessLicense/PermitEquipmentInventoryOwner Will TrainBusiness Name Tax Annual Amount 28732 Tax Year 2023 Tenant Pays ElectricityHeatTaxesInsuranceSewer Type Bus / Bus w/Real Est Type Of Lease None Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Ruiz Realty, Inc.: 773-767-9470.


© 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 2024-10-07T20:01:55.593 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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Suburban Life Realty
350 Sundown Rd.
South Elgin IL, 60177