2564 North Clark Street, Chicago, IL, 60614

$350,000

About 2564 North Clark Street

This could be a package deal as for sale are two locations. French cafe/Maison Parisienne at 2564 N Clark St, Chicago, IL 60614 at $350,000 and French cafe/Maison Parisienne at 901 W Armitage Ave, Chicago at $1,000,000. If purchased together, the combined asking price is $1,250,000. Given that the two locations are operational, please do not engage the employees with questions. Yes, you can stop by and take a look but please, again, do not engage the employees with comments and/or questions. The income of the 2 locations is as follows: 2564 N Clark St * Monthly Gr Revenue: $48,000-$50,000 (~600,000 annually) * Efficient operations, consistent traffic, profitable with growth potential * Also fully turnkey, with trained team in place 901 W Armitage Ave * Monthly Gr Revenue: $150,000-$160,000 (~1,860,000 annually)* High-traffic location, fully staffed and turnkey-ready * Established systems, strong customer base, great lease terms The leases for both locations can be negotiated. The landlord is easy going and it is the same landlord for both locations. The current lease can be assigned or new lease signed. The square footage at 2564 N Calrk is ~1,650 + ~750 = ~2,400 (2564 Clark has two combined commercial spaces hence the breakdown). The square footage at 901 Armitage is ~2,800. The monthly rents are broken down as follows: 2564 N Clark: Base Rent $6,200 + R/E Tax $415 + Insurance $55 + Water $45 = $6,715. 901 Armitage: Base Rent $14,226 + R/E Tax $995 + Insurance $395 + Water $40 = $15,656. Additionally, the following items would be separately negotiated: 1. Inventory at cost 2. Equipment (valued at fair market rates) 3. Lease-related reimbursements (e.g., security deposits, assignment fees) 4. Brand assets & IP (name, logo, website, packaging, social media accounts) 5. CRM & Loyalty Program Data (email lists, customer rewards system) 6. Post-sale transition support & training (2-4 weeks, flat or hourly rate)

Additional Information: This property is located in the CHI - Lincoln Park neighborhood, IL. This 0 bedrooms bus / bus w/real est property is priced at $350,000.

Facts & Features

MLS® # 12413730
Price $350,000
Bathrooms 0.00
Taxes $0
Acres 0.00
Type Business Opportunity
Sub-Type Bus / Bus w/Real Est
Status Active

Community Information

Address 2564 North Clark Street
Area CHI - Lincoln Park
City Chicago
County Cook
State IL
Zip Code 60614

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 100
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $0

Listing Details

Office@properties Christie's International Real Estate
Contact Info773-862-0200

Listing Map

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