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675 N Franklin Street

Chicago, IL 60654
  • $1,550,000
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: 12077318
UPDATED: 49 min ago
$1,550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:
Area:

School Ratings & Info

Description

The Franklin Room is River North's sophisticated, subterranean restaurant and cocktail bar. The well-appointed business and its 2,995 square foot commercial condo are for sale. High grossing revenue with significant cash flow. The business has been operating since 2014 and has received excellent reviews. High-caliber fixtures, furniture, and equipment are included. Sidewalk cafe capability. 2022 RE taxes: $39,079.64. 2023 Condo assessments: $5,335. Zoning: PD-326. Contact listing agent for showing times. Proof of Funds Required Prior to Showing. DO NOT DISTURB EMPLOYEES

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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 Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2024-10-15T23:59:50.693 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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675 N Franklin Street Chicago, IL 60654

  • Price: $1,550,000
  • Status: Active
  • On Site: 130 Days
  • Updated: 49 min ago
  • MLS #: 12077318
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
The Franklin Room is River North's sophisticated, subterranean restaurant and cocktail bar. The well-appointed business and its 2,995 square foot commercial condo are for sale. High grossing revenue with significant cash flow. The business has been operating since 2014 and has received excellent reviews. High-caliber fixtures, furniture, and equipment are included. Sidewalk cafe capability. 2022 RE taxes: $39,079.64. 2023 Condo assessments: $5,335. Zoning: PD-326. Contact listing agent for showing times. Proof of Funds Required Prior to Showing. DO NOT DISTURB EMPLOYEES
Exterior Features

Lot Size .25-.49 Acre

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Adjusted Net Income 0 Adjusted Net Income Year 2023 Annual Rent For Real Estate 0 Building Area Total 102832 Business Age 7-10 Years Business Type Food & BeverageRestaurant 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 BuildingBusinessLicense/PermitEquipmentTrade FixturesBusiness NameKey Money/Good Will Tax Annual Amount 39079 Tax Year 2022 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceTaxesInsuranceRepairsScavengerSewerVaries by Tenant Type Bus / Bus w/Real Est Type Of Lease None Zoning COMMR

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Jameson Commercial: 312-216-8000.


© 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 Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2024-10-15T23:59:50.693 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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