Chicago, IL 60628 12717 S Halsted Street

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Presented By: Signature Landmark Reo INC.
  • MLS# 12254749
  • 12/13/2024
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Home Details

This building, formerly known as Jack's Lounge a neighborhood bar established in 1968 still holds an active liquor license and business license, both of which will transfer to the potential buyer. The first floor has been completely gutted, framed out, and is ready for drywall installation. The basement features a brand-new 80-gallon commercial hot water tank and updated electrical systems. It also includes a roughed-in bathroom and laundry room. The second floor, previously used as a three-bedroom apartment, has been fully gutted and reframed for a brand-new bathroom and event space. At the rear of the building is a fully approved, fully functional commercial kitchen equipped with a 10-foot hood, freezer, stove, and all necessary fittings, including an exhaust system. This area also includes a full bathroom and an office. The property has been completely re-concreted at the front and back and is fully fenced in and secured. The GFA system includes a coil for central air. Additionally, the city recently replaced all lead pipes with copper piping, extending to the meter box inside the building. All water pipes throughout the property have been updated to copper. All windows in the building are new. Heating is provided by a boiler for the bar and a GFA system for the kitchen. The building, which is over 100 years old, still requires additional rehabilitation to be completed.
Presented By: Signature Landmark Reo INC.

General for 12717 S Halsted Street

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
DirectionsHead north on S Halsted St toward W 127th St
ElectricSeparate Meters
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet4104
MLS AreaCHI - West Pullman
ModificationTimestamp2025-05-23T05:07:02.757Z
Number Of Units Total2
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount2115
Tax Year2023
Trash Expense0
Water Sewer Expense0
Year Built1954

Exterior for 12717 S Halsted Street

Foundation DetailsConcrete Perimeter
Lot Dimensions2500

Additional Details

Price History

Client Care

Price $459,900
MLS#12254749
List Date 12/13/2024
Property Type Commercial
Phone 847.485.2500
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