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In-PersonVirtual Tour
$ 1,400,000
Est. payment | /mo
3,700 SqFt
$ 1,400,000
Est. payment | /mo
3,700 SqFt
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $378
MLS Listing ID 12147882
Annual Tax Amount $16,958
Tax Year 2022
Lot Dimensions 50 X 91
Property Sub-Type Bus / Bus w/Real Est
Property Description
Top of the line fully updated commercial property! This freestanding brick building in Arcadia Terrace is currently built out as a full modern lounge with a full commercial kitchen, gorgeous bar area, stage and sound equipment, VIP area, and much more. The kitchen features a black iron cook area with ANSUL system, walk-in freezer, pizza oven, hand sink, prep area, and more. All furniture, fixtures, and trade equipment to stay. B3-2 Zoning, Building is 3700 SQ FT feet, Lot is 4550 SQ FT, 34,400 (VPD) cars pass this location a day. Right near the corner of Peterson & Talman. Great visibility, great demographics! The building has been completely rehabbed, and is very well maintained. Fully updated electrical with 200amp electrical service. New 3-zone HVAC system, updated plumbing, and so much more. There is unlimited potential here! Great business district includes restaurants, bars, medical businesses , CPR Associates, various retailers, The Center for Advanced Medicine & Surgery New Age Elder Care, Medical Laboratory, Dental Touch Dental Lab, and so many more. A space like this is a rare opportunity, don't wait. Pervious buyer had their financing fall through, but the building appraised at $1.5 million. PIN NUMBERS - 2614 W Peterson - 13012270170000 - Tax amount - $8,355.19 2612 W Peterson - 13012270180000- Tax amount - $8,603.09. Transferable LC: PPA, Liquor, Food and Front Patio Permit. Call listing agent for showing.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
View Y/N true
Roof Type Reflective Coating
Building
Structure Type Brick
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Sonia Habibovic • Koral Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States