Rare Package Opportunity: Two Fully Equipped Tavern / Gaming Properties
3636-3646 147th Street
Midlothian, IL 60445
Highlights
- Two corporately held, transferable tavern licenses
- Two fully equipped individual bar/gaming buildings
- Offered together as a package deal
- Potential for up to 12 total video gaming terminals across the two corporate entities
- Vacant land between buildings ideal for a future outdoor beer garden or patio concept
- High-visibility frontage along 147th Street
- Total lot size: 125’ frontage x 150’ deep
- Total land area: approximately 18,750 square feet
- Combined building area: approximately 4,950 square feet
- 21 striped parking spaces
- Strong opportunity for an owner-operator, gaming operator, or hospitality group
- The Gracie’s Wine Bar & Gaming Café and Cuzin’s Tavern, Gaming & Pizza brands are
- NOT included in the sale.
- A rebrand will be required.
- 2.5% co-op commission
- Proof of funds is required prior to scheduling a showing
Description
An exceptional opportunity to acquire two corporately held, transferable tavern licenses along with two fully equipped individual bar/gaming buildings being offered together as a package deal. The sale includes the vacant land between the two buildings, creating an excellent opportunity for a future outdoor beer garden, patio, or expanded entertainment concept. This package is especially attractive for an operator seeking multiple licensed locations in one consolidated property footprint. By purchasing both corporate entities, each building is currently structured to allow up to 6 video gaming terminals per location, for a combined total of 12 video gaming terminals for one purchaser, subject to all required licensing, municipal, and regulatory approvals. The Gracie’s Wine Bar & Gaming Café and Cuzin’s Tavern, Gaming & Pizza brands are NOT included in the sale. A rebrand will be required. Proof of Funds is required prior to scheduling a showing.
Experience the charm of Midlothian, IL, a lovely town known for its rich history and vibrant community. Located just a short drive from the property, the quaint downtown area offers a variety of shops, restaurants, and entertainment options for guests and residents to enjoy. Nearby, guests can explore the beautiful parks and lush green spaces, offering a peaceful retreat from the bustle of city life. Plus, the convenient location provides easy access to major transportation hubs, making it a desirable destination for travelers. With its welcoming atmosphere and array of local attractions, Midlothian is an ideal location for a Hospitality/Full Service venture.
