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For Sale

Lizard's Liquid Lounge

3058 Irving Park Road,
Chicago, IL 60618

Asset Snapshot

Offering Summary

Investment Overview

Lizard’s Liquid Lounge high grossing, iconic brand has been in business for the last 18 years. The corporately held, transferable Tavern license was originally issued 61 years ago in 1965. There are approximately 1,500 square feet on the first floor with an additional 780 square feet in the basement for storage. The first-floor ceiling height is 11 feet with a bar-top that is 45 linear feet long. A large keg room is located on the first floor with a glycol refrigeration system that delivers ice-cold beer to 8 tap handles. A 5-year gross lease starting at $5,500 per month with three 5-year options. Proof of funds is required prior to scheduling a showing.


Investment Highlights

  • Lizard’s Liquid Lounge high grossing, iconic brand has been in business for the last 18 years.
  • The corporately held, transferable Tavern license was originally issued 61 years ago in 1965.
  • There are approximately 1,500 square feet on the first floor with an additional 780 square feet in the basement for storage.
  • The first-floor ceiling height is 11 feet with a bar-top that is 45 linear feet long.
  • A large keg room is located on the first floor with a glycol refrigeration system that delivers ice-cold beer to 8 tap handles.
  • A 5-year gross lease starting at $5,500 per month with three 5-year options.
  • Proof of funds is required prior to scheduling a showing.
  • Do not disturb the business and its employees.
  • Co-Op Commission is 3%
  • Learn more about Lizard's Liquid Lounge at: www.lizardsliquidlounge.com

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Listing Syndicated From

Buildout
For Sale
$299,000
Asking Price