Commercial: MLS #12489814 Chicago Ridge, IL $ 1,200,000
Commercial: MLS #12489814
$ 1,200,000
Share Save

Commercial: MLS #12489814

Chicago Ridge, IL, 60415
$ 1,200,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 7,486

MLS #/Web ID: 12489814 - Image 1

Commercial Property for sale in Chicago Ridge, IL

for $1,200,000. This 5,000 square foot building was built on a lot size of 0.094123.

This is a mixed use property with a beautiful apartment which is apx 2,500 sq ft on the 2nd floor featuring a living room, dining room, (4) bedrooms and 1.5 bathrooms. Live where you work or rent the 2nd floor out for additional income (Apartments in the area of this size are renting for apx. 2,200 a month to 2,500 a month). The main floor bar is apx 2,500 sq ft as well and has been beautifully remodeled. This is a great opportunity for an owner operator or investor. Please note: The financials and profit would be almost double as the facility was closed for a total remodel from mid-February through most of May, 2024 and re-opened the doors for business in June. Licenses in place are: video gaming/slot machines, liquor license, tobacco license, lottery license/instant ticket sales and food license. This is a well established Business that has been located in the south west suburbs for just around 20 years now. Seating capacity holds apx 75 and the kitchen features a simple menu. Separate dedicated gaming area with 6 video poker machines a separate room for private parties or game days, an outdoor beer garden and a constant flow of customers. There is plenty of public parking, commuter train is close by. Set your appointment to see it today. This is a very CONFIDENTIAL LISTING SO PLEASE DO NOT APPROACH ANY OF THE STAFF.

See more

Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 12,546

Style

Bar/Tavern/Lounge,Food & Beverage

Lot Size

0.094123

Town/City

Chicago Ridge

County/Region

Cook

MLS | Web ID

12489814

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Electric Other
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Repairs Scavenger Sewer Varies by Tenant
Stories Count 2
Tax Year 2023
Current Use Commercial
Business Type Bar/Tavern/Lounge Food & Beverage
County Cook
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions This is a confidential business offering. Please contact broker for exact location. NDA required
City Chicago Ridge
MLS Area Chicago Ridge
Lot Size Square Feet 4100
Tax Annual Amount 12546
Additional Parcels Y/N N
Standard Status Active
Ownership Type Corporation
See more
Exterior
Building Area Total 5000
Lot Dimensions 37X110
See more
* Excluded Features
List By
Keller Williams Preferred Rlty

Broker

paulaboudos@kw.com

Email

Affordability Calculator

$8,532
Per Month
88%
12%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$1,046
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$1,200,000 Listed Price

Map


See all