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7455 W Irving Park Road Chicago, IL 60634

$1,000,000
New / MLS# 12619297 / Multi Unit - Multiple / Chicago
3 Beds
4 Baths

TURNKEY MIXED-USE OPPORTUNITY: Renovated Bar, Restaurant & Pizzeria + Apartment in Northwest Side of Chicago (BUSINESS + REAL ESTATE) This exceptional mixed-use property at 7455 W Irving Park Rd provides a rare opportunity to acquire a fully turnkey restaurant, pizzeria, and bar in a high-traffic Chicago location. The 4,055 SF freestanding building features a 3,125 SF restaurant and bar space that has been completely gut-rehabbed within the past year, ensuring a stabilized operation with no immediate capital requirements for the buyer. The restaurant's interior is built out for full-service dining with seating for approximately 95 patrons and includes a Chicago PPA liquor license, a dedicated game room for potential future gaming & VGT revenue, and a fully equipped commercial kitchen with newer pizza ovens, prep areas, a walk-in cooler/freezer, and much more. Adding to the investment's value is an attached 930 SF, three-bedroom residential apartment that provides a steady secondary income stream. Situated on a 0.16-acre corner lot with a dedicated 15-car parking area and plenty of street parking, the property benefits from prime frontage along Irving Park Road near Harlem Avenue and Forest Preserve Drive, an increasingly commercialized corridor with strong daily traffic counts, and just blocks away from Harlem-Irving Plaza (HIP) shopping center, where daily traffic counts reach up to 26,000 vehicles. This offering is perfect for an absentee investor or owner-operator looking for a renovated asset in a dense residential area with a high median household income of $92,409. Business and clientele are already in place and running. Please do not disturb the staff, customers, and tenants. Contact Listing Agent for showings.

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Baird & Warner Julie Naumiak Agent Cell: 847.284.2417 Email

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Estimated Payment

$ 3,913.97 per month $2,222.22 Principal & Interest $1,400.08 Property Tax $291.67 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Crawl Space, Partial
Heating: Other
Lot Size: 50' x 125'
Taxes: $16,801
Year Built: 1924

Feature Descriptions

Exterior: Combination
Lot Dimensions: 50' x 125'
Parcel#: 12242020020000
Parking: Yes
Sewer: Public Sewer
Total Rooms: 4
Township: Jefferson
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Pearson Realty Group

Listing Office Phone: 773-325-2800



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