
Seller's Agent in 2023
Mike Costanzo
Jameson Commercial
(312) 399-5080
1 in this area
14 Total Sales
Estimated Value: $915,863 - $1,452,000
The intellectual property of B.L.U.E.S. is included with the sale i.e., the brand, website, social media platform, memorabilia, vintage external electric sign, access to the owner for his contacts and connections (once the deal is closed), etc. The intellectual property and the real estate may be purchased by two different buyers. HOWEVER, the closing and funding for the intellectual property & the real estate is required to take place contemporaneously. Seller financing available to qualified buyers for a ten-year promissory note with a minimum down payment of 30% for the real estate only. B.L.U.E.S. operated as a live blues-bar/club on the ground floor of this three-story mixed-use building in Lincoln Park from 1979 to March 2020. The business ceased its operation due to the first Covid lockdown on March 16, 2020 and never reopened. Floors 2 & 3 were formerly rented as 3-bedroom/1 bath apartments. This vintage Chicago structure was built in 1892. 2021 RE Taxes: $26,199. Building square footage = 3,300 SF. Lot 24 ft. X 126 ft. (Land 3,024 SF). B1-2 Zoning. The real estate is to be sold AS-IS. Proof of funds is required prior to showing.
Last Agent to Sell the Property
Jameson Commercial License #475129090 Listed on: 02/03/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
B L U E S Etcetera Llc | -- | None Listed On Document |
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
08/14/2023 08/14/23 | Sold | $800,000 | -11.0% | $242 / Sq Ft |
06/21/2023 06/21/23 | Pending | -- | -- | -- |
06/13/2023 06/13/23 | Price Changed | $899,000 | -10.0% | $272 / Sq Ft |
02/03/2023 02/03/23 | For Sale | $999,000 | -- | $303 / Sq Ft |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $27,490 | $79,500 | $45,058 | $34,442 |
2023 | $26,798 | $130,288 | $36,288 | $94,000 |
2022 | $26,798 | $130,288 | $36,288 | $94,000 |
2021 | $26,200 | $130,288 | $36,288 | $94,000 |
2020 | $26,023 | $116,816 | $21,772 | $95,044 |
2019 | $25,791 | $128,370 | $21,772 | $106,598 |
2018 | $25,357 | $128,370 | $21,772 | $106,598 |
2017 | $16,307 | $75,753 | $19,353 | $56,400 |
2016 | $15,172 | $75,753 | $19,353 | $56,400 |
2015 | $13,881 | $75,753 | $19,353 | $56,400 |
2014 | $14,114 | $76,070 | $16,329 | $59,741 |
2013 | $13,835 | $76,070 | $16,329 | $59,741 |
Seller's Agent in 2023
Mike Costanzo
Jameson Commercial
(312) 399-5080
1 in this area
14 Total Sales
Seller Co-Listing Agent in 2023
Enrique Guadalupe
Jameson Commercial
(312) 216-8000
1 in this area
12 Total Sales
Buyer's Agent in 2023
Mark Kishtow
Jameson Commercial
(312) 751-0300
1 in this area
5 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 11712624
APN: 14-28-311-014-0000