Chicago, IL 60613 1822-1824 W Addison Street

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Presented By: Jameson Commercial
  • MLS# 12370572
  • 05/20/2025
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  • SQFT • 3,500

Home Details

Corporately held Tavern & Retail Food licenses with real estate operating for 4 decades with the same ownership. The Alderman's office has agreed to go through a vetting process with a potential buyer regarding lifting the moratorium to allow for the grandfathering of the licenses though the purchase of the business' corporate stock. 44 feet of frontage on Addison & 125 feet deep; the building is adjacent to the CTA Brown Line Addison stop which had 373,330 commuters in 2024. CTA Addison Bus #152 had 2,135,761 commuters in 2024 going to and from Wrigley Field. The 2024 daily traffic count on Addison had 15,200 vehicles and 10,300 vehicles on Lincoln Ave. Interior ceiling height is 12 feet; the bar is 39 feet long. The Cork Lounge is on the east side of the building; the restaurant on the west side is on a month-to-month lease with the Cork Lounge's owner. The real estate is to be sold AS-IS. Proof of funds is required prior to scheduling a showing. Do not disturb the business and its employees.
Presented By: Jameson Commercial

General for 1822-1824 W Addison Street

Additional Parcels Y/NNo
Business NameCORK LOUNGE
Business TypeBar/Tavern/Lounge
CityChicago
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsEast or Weston Addison To Address
Lot Size Square Feet6093
MLS AreaCHI - North Center
ModificationTimestamp2025-05-27T05:07:21.054Z
Operating Expense0
PossessionClosing
Property TypeBusiness Opportunity
Property TypeBus / Bus w/Real Est
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount34527
Tax Year2023
ZoningCOMMR

Exterior for 1822-1824 W Addison Street

Building Area Total3500
Lot Dimensions50X95X6X30X44X125

Additional Details

Price History

Client Care

Price $1,800,000
MLS#12370572
List Date 05/20/2025
Property Type Business Op
Phone 847.485.2500
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