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BEST RESTAURANT/RETAIL LOCATIONIN ANDERSONVILLE5400-5402 N CLARKCHICAGO, IL 60640
Tim Rasmussen, CCIMAssistant Vice [email protected]
Marcus SullivanAssistant Vice [email protected]
SVN | CHICAGO COMMERCIAL | 940 WEST ADAMS STREET, SUITE 200, CHICAGO, IL 60607 SALE BROCHURE
OFFERING SUMMARY
Sale Price: $185,000
Licences: Incidental Liquor, Retail
Food, PPA and Sidewalk
Cafe
Business Size: Approximately 6,500
Square Feet
Market: Chicago
Submarket: Andersonville
Price / SF: $28.26
SVN Chicago Commercial is pleased to present the exclusive listing for this Andersonville business. The property is located at5400-5402 N Clark Street, Chicago, Illinois. The 5200 N Clark property consists of a two-story, hard corner space with approximately2,350 sf per floor plus basement. The 5402 N Clark building is a ground floor space of approximately 1,8450 sf with a full basement
Business assets being conveyed include all unencumbered furniture, fixtures, and equipment, and licenses (pro-rated to the date ofclosing). All personal property is being sold as-is, where-is, with the exception of the brewing equipment and POS.
SVN makes no representations to the accuracy of the information contained herein.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• Hard Corner Location in Andersonville
• Architecturally Significant Building
• Extra Wide Sidewalks Along Balmoral
• PPA, Incidental and Retail Food Licenses
• Andersonville's "Main and Main Location
Property Summary
5400-5402 N CLARK CHICAGO, IL 60640 SVN | Chicago Commercial | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Property Data SummaryPrice: $185,000
Property Hamburger Mary's/Andersonville Brewing Co. Total Leased Area 6,550sf
Property Address 5400-5402 N Clark Monthly Gross Rental Rate Landlord Will Likely Generate a New Lease
City, State, Zip Chicago, IL 60640 Net Charges TBD
Second Floor 5400 N Clark 2,350 Lease Expiration Date December 31, 2020
Ground Floor 5400 N Clark 2,350 Lease Renewal Options Landlord Will Likely Generate a New Lease
Ground Floor 5402 N Clark 1850 Landlord Newcastle
Tenant The Big Four LLC
License Type Expiration Date
Incidental Liquor Chicago July 15, 2021 Building Code Violations Miscellaneous minor building code citations per Chicago records
Retail Food July 15, 2021 Liquor License Violations None known
PPA July 15, 2021
Sidewalk Café Seasonal
State Liquor License - Class 1C-Brewers May 31, 2020
License Transfer Pro-Rated Close to Expiration
Zoning B3-2/City of Chicago Historic Landmark
Ward 40/Andre Vazquez
Occupancy 5400 N Clark 1st Approximately 92
Occupancy 5400 N Clark 2nd Approximately 112
Occupancy 5402 N Clark 1st Approximately 76
License Transfer Pro-Rated Close to Expiration
Legal Entity - Business The Big Four LLC
Ownership Summary
BUSINESS SALE SUMMARY
Known Violations
Property Summary
Business Licenses
Zoning/Political/Occupancy
Lease Summary
SVN Chicago Commercial is pleased to present the exclusive listing for this Andersonville business. The property is located at 5400-5402 N Clark Street, Chicago, Illinois. The 5200 N Clark property consists of a two-story, hard corner space with approximately 2,350sf per floor plus basement. The 5402 N Clark building is a ground floor space with basement Business assets being conveyed include all unencumbered furniture, fixtures, and equipment, and licenses (pro-rated to the date of closing). All personal property is being sold as-is, where-is, with the exception of the brewing equipment and POS. SVN makes no representations to the accuracy of the information contained herein.
Equipment ListJune, 2019
50 Bar Stools 1 Wooden Antique Host Station16 Bar Tables 4 Ceiling Fans2 Dining Chairs 13 Lighting Pendants2 Dining Tables 2 Vizio TV's1 Red Couch 2 Samsung TV's1 Round Coffee Table 1 TCL TV With Frame Surround8 Vizio TV's 1 4' Vinyl Booth2 Panasonci TV's 5 Wall Mounted Speakers1 Philips TV 1 Bar Table5 Speakers 1 4' Metro Shelf W/Castors10 Custom Lighting Pendants 1 Step Ladder1 3' SS Table 1 4 Shelf Rubbermade Unit1 Hand Sink 2 Golden Griddle 4' Flat Tops3 Child Seats 1 BevAire Refrigerated Base1 3 Door True Reach In Beer Cooler 1 4' Pizza Prep Unit1 2 Door Bevaire Beer Cooler 1 60" SS Prep Table2 8 Handle Beer Towers 1 Microwave1 3 Compartment Sink 2 BanMarie2 Ice Wells 1 Salamander (Broken)
1 6 Burner Amderican Range1 4 Door Reach In Beer Cooler 1 3' Vinco Grill1 2' Metro Shelf Rack 1 6 Drawer BevAir Refrigerated Base1 3 Compartment Sink 1 Pitco Fryer1 3' Bottle Cooler 1 Avansco Fryer1 3' SS Prep Table 1 Double Deck Waring Tabletop Pizza Oven1 4' Wooden Server Station 1 Avonco Pizza Prep Unit18 Bar Stools 1 SS Table44 Dining Chairs 1 Metro Rack14 Dining Tables 1 Delfield Standup Reach In4 4' Wooden Booths W/Tables 2 Supera Stand Up Reach In Referigerators
Seller reserves the right to substitute or remove equipment from this list.
FFE Description Brewery FFE Description Hamburger Mary's
All equipment is being conveyed as-is where-is. Seller makes no warranties or representations as to condition.
FFE Description Hamburger Mary's
Equipment ListJune, 2019
1 2' SS Prep Table 1 True 5' Kegerator2 Heat Lamps 2 BevAir Beer Coolers1 Robo Coupe 3 Ice Wells W/Speed Racks1 3' SS Table W/Sink 1 Hand Sink3 4' SS Prep Table 1 3 Compartment Sink8 Wall Mounted SS Shelves 1 Vegetable Sink1 Hand Sink 36 Bar Stools1 DJ Sound system 2 Lasko Fans1 3 Compartment Sink 3 Vizio TV's1 SS Dishtables W/Overshelves 1 Consignia TV1 SS Dishwasher Hood 2 Samsung TV's3 SS Shelves 6 Round Bar Tables1 3 Head Milk Shake Mixer 1 Square High Top Table1 19' Captive Air SS Hood W/Fire Suppression & Make Up Air 1 Blue Coach1 5'SS Captive Air Hood 1 Green Coach1 Amana Drop In Freezer 2 Green Chairs1 Panasonic Microwave 4 qCeiling Mounted Speakers
1 Set Stage Lights2 4' Metro Shelves 1 DJ System W/Mixing Boards1 6' Metro Rack 1 LG TV1 Norlake Walk In Cooler 48 Banquet Chairs1 Broken Norlake Walk In Cooler 1 Wooden Bar1 Glycol Unit1 Norlake Beer Cooler W/16 Line Draft System6 4' Metro Racks1 Colpak Walk In Freezer
Seller reserves the right to substitute or remove equipment from this list.All equipment is being conveyed as-is where-is. Seller makes no warranties or representations as to condition.
FFE Description Hamburger Mary's FFE Description Mary's Attic
FFE Description Hamburger Mary's Basement
5400-5402 N CLARK CHICAGO, IL 60640 SVN | Chicago Commercial | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Additional Photos
5400-5402 N CLARK CHICAGO, IL 60640 SVN | Chicago Commercial | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Maps
5400-5402 N CLARK CHICAGO, IL 60640 SVN | Chicago Commercial | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 0.5 MILES 1 MILE 1.5 MILES
Total population 15,951 72,057 149,014
Median age 36.4 37.1 36.3
Median age (Male) 37.2 37.8 36.8
Median age (Female) 35.7 36.5 35.8
HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES
Total households 7,452 36,241 73,146
# of persons per HH 2.1 2.0 2.0
Average HH income $88,391 $69,065 $65,182
Average house value $511,578 $433,590 $399,690
* Demographic data derived from 2010 US Census
Demographics Map
5400-5402 N CLARK CHICAGO, IL 60640 SVN | Chicago Commercial | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Disclaimer
The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be usedfor any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent ofthe SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.
The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person isauthorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receivingthese materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the informationcontained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. ThisOffering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct,and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representationsor warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or madeavailable to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreement between it and Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor anyof their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this OfferingBrochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.
This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with anyentity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on termsacceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing andagreed to release the Owner and the SVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any suchcorrespondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospectivepurchaser proceeds at its own risk.