Lizard's Liquid Lounge

Located in the vibrant and rapidly growing Chicago neighborhood of Irving Park, this property offers a prime investment opportunity for Hospitality / Full Service investors. The area is known for its diverse dining options, popular nightlife scene, and proximity to iconic attractions such as Wrigley Field, the Lincoln Park Zoo, and the acclaimed Theater on the Lake. With its convenient access to public transportation, including the Blue Line and multiple bus routes, the location is ideal for attracting both locals and tourists. Investors will be drawn to the area's blend of historic charm and modern amenities, making it an exciting prospect for the hospitality industry.Lizard’s Liquid Lounge high grossing, iconic brand has been in business for the last 18 years. The corporately held, transferable Tavern license was originally issued 61 years ago in 1965. There are approximately 1,500 square feet on the first floor with an additional 780 square feet in the basement for storage. The first-floor ceiling height is 11 feet with a bar-top that is 45 linear feet long. A large keg room is located on the first floor with a glycol refrigeration system that delivers ice-cold beer to 8 tap handles. A 5-year gross lease starting at $5,500 per month with three 5-year options. Proof of funds is required prior to scheduling a showing.