1822 W Addison Street
, IL, 60613
Price$1,800,000
Beds0
Baths0
SqFtn/a
Baths0
SqFtn/a
Status:Active
Property Type:Commercial
School:
Property Type:Commercial
School:
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.
| Price | $1,800,000 | |
| Total Baths | 0 | |
| Lot Size Area | 6093 | |
| Property Type | Commercial | |
| MLS Sub type | Commercial/CIE | |
| Year Built | 1906 | |
| Directions | East or West on Addison to Address | |
| Latitude | 41.947036 | |
| Longitude | -87.674924 | |
| Address | 1822-1824 W Addison Street, IL 60613 | |
| Postal Code | 60613 | |
| State | IL | |
| Country | United States | |
| Listing Office | Jameson Commercial | |
| Listing Office Phone | 312-216-8000 | |
| Listing Agent | Michael Costanzo | |
| Listing Agent Phone | 312-399-5080 | |
| Days on market | 8 | |
| MLS Status | Active | |
| Listing Date | May 20, 2025 | |
| Listing Last Modified | Feb 27, 2026 | |
| Tax Year | 2023 | |
| Tax Annual Amount | 34527 | |
| MLS # | MRD12370631 | |
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