Under contract

Contingent

675 N Franklin Street

Chicago IL, 60654

$1,550,000


$15.07 per sqft

Under contract

Contingent

102,832 sqft

Commercial

Built in 1949

Courtesy of Jameson Commercial

The Franklin Room is River North's sophisticated, subterranean restaurant and cocktail bar. The well-appointed business and its 2,995 square foot commercial condo are for sale. High grossing revenue with significant cash flow. The business has been operating since 2014 and has received excellent reviews. High-caliber fixtures, furniture, and equipment are included. Sidewalk cafe capability. 2022 RE taxes: $39,079.64. 2023 Condo assessments: $5,335. Zoning: PD-326. Contact listing agent for showing times. Proof of Funds Required Prior to Showing. DO NOT DISTURB EMPLOYEES

12077286

MLS ID

June 7, 2024

Listed

November 25, 2024

Updated

Map

675 N Franklin Street
Chicago IL, 60654

Interior Features

Total Stories

6


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.43 Acres

Other Property Details

Area Name

CHI - Near North Side


Taxes

$39,079


Tax Frequency

Annually


Days on Market

141


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

10/24/2024

Under contract

7/22/2024

Price change

$1,550,000

-9%

Courtesy of Jameson Commercial, Michael Costanzo,
Listing Contact: 312-399-5080 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Giovanni Leopaldi are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 5:01 PM UTC, 11/25/2024

 

 

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