3325 North Broadway, Chicago, IL, 60657

3325 North Broadway Chicago, IL 60657

3325 North Broadway, Chicago, IL, 60657
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FOR SALE
Property Type:
Street Retail
Amount:
$315,000
Last Verified:
Jun 26, 2024

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Description

Established in 1978, iconic LGBTQ+ business with transferable, corporately held Late Night, Tavern, and Liquor Music & Dance licenses dba The Closet at 3325 N. Broadway. Gross lease: 1st year $3,753 per month; 5 years with a 5-year option. Positive cash flow. Internal square footage is 740 SF with 12-foot ceilings. Basement square footage is 1,330 SF with 7-foot ceilings & walk-in cooler. 6 tap-handle glycol draft system. Posted occupancy: 73 persons. All FF&E is included. Zoning: B3-2. Proof of Funds is Required Prior to Scheduling a Showing.

In the heart of Lakeview's "Boystown"

Building Size: 740sq ft
Lot Size: 0 acres


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Map of 3325 North Broadway, Chicago, IL, 60657

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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