$25,000 Price Reduction
Own a piece of history by buying the mixed-use building and real estate at 5600 N Ashland Ave Chicago IL and start your own bar or restaurant at this rare corner location in Andersonville. Huge patio and separate beer garden for additional revenue! Sold AS-IS, Real Estate Only (buyer responsible for their own license).
5600 North Ashland Avenue is a two-story mixed-use restaurant bar with one large two-bedroom apartment. The subject property is located at the lighted intersection of Ashland Avenue and Bryn Mawr Avenue, just one block west of Clark Street and steps from the heart of Andersonville shops, nightlife, and historic commercial district.
The subject property operates as Edgewater Lounge, a well-known neighborhood name for good food, spirits, and spacious outdoor terraced seating. The building has been operating as a restaurant bar predating the prohibition era, offers 1,700 square feet of retail space, full galley kitchen, cooking equipment, and a cozy fireplace in the back lounge. The second floor apartment is 1,100 square feet in size and has 625 square foot deck plus a backyard. The property offers street parking and two paved spots.
Andersonville is a neighborhood within western Edgewater known for its diversity and unique speciality businesses blended with popular national retail stores. Investors are attracted to Andersonville because of the tremendous support they receive from both the Alderman's office and proactive small business development groups.