Loan amount
$1,500,000
Loan type
Purchase
{Rent&Hold}
As-Is Property Value
$2,000,000
{PP:$2,000,000}
LTV
75%
{LTV}
Property type
Restaurant/Entertainment
Borrower Details
Credit score
700
Deal experience
4 deals
This loan scenario was submitted by a Broker
No
Property Details
City
Chicago
State
Illinois
Loan Details
Purchase price
$2,000,000
Down payment
$500,000
Additional Loan Information
This two-story sports bar and grill will be conveyed with an Incidental Liquor and Retail Food licenses. The offering has great street presence with is overhead garage-door facade which opens onto the heart of Lincoln Park's dining and entertainment corridor on Lincoln Avenue. The space boasts a modern build-out with two full bars, a large kitchen and an impressive AV system. Other features include a large basement with additional bathrooms, office, coolers and ample storage space. This fully furnished and equipped opportunity is as close to turn key as it gets.
Status
Closed
Created
September 24, 2025 - 12:30pm
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