Jameson Commercial Closes on 4 Bar/Restaurant Sales in Just Two Months and Finds a Permanent Home for a Chicago Music Icon
The Spread, Ropa, Twelve West and The Underground Wonderbar.
Chicago, IL, November 17, 2011 --(PR.com)-- Jameson Commercial is pleased to announce four business brokerage deals at local bars in just two months - all brokered by Mike Costanzo working closely with Brian Troglia, a dram (liquor specific) attorney. The liquor licenses for all 4 deals were grandfathered due to Costanzo’s expertise in facilitating the buyers purchase of the corporate entity whether C corporation, S corporation or limited liability company.
1) The Spread, a 4,000 sq. ft. sports bar in the epicenter of Lincoln Park located at 2476 N. Lincoln Avenue, the center of “The Taste of Lincoln Ave” Summer Festival, sold for $200,000.
2) Ropa, a 4,000 sq. ft. restaurant at 1146 W. Pratt Boulevard one block from Columbia Beach considered the “Gem of Rogers Park” sold for $150,000.
3) Twelve West, a 2,200 sq. ft. sophisticated piano bar at 12 W. Elm Street in the heart of the Gold Coast / Rush Street night life sold for $200,000. This location was formerly the nightclub Elm Street Liquors and previously the legendary Spike’s Rat Bar.
4) Underground Wonder Bar, a 4,000 sq. ft., 2 floor venue at 710 N. Clark Street is now the new and permanent home of the Chicago music icon Lonie Walker. Lonie’s new location in River North features live music seven days a week with a tavern, P.P.A and late night license. Lonie’s World Famous Underground Wonder Bar was located on Walton Street, between Rush and State, for 21 years prior to the building be sold and having to vacate in just 30 days. After she operated without a permanent location for the last 10 months, Costanzo was able to broker a deal for her at a larger venue ensuring this music icon continues to perform for years and years to come.
About Mike Costanzo
Costanzo has been in the industry for over 3 decades and has made a name for himself successfully brokering some of the most well-known bars, nightclubs and restaurants in Chicago. Operating as Moonshine Enterprises, his record of sales and consistently solid advice have placed him in the top 1% of brokers in his marketplace. Costanzo had been a successful bar, nightclub, and restaurant owner /operator but for the past 10 years has been focused on exclusively brokering business deals. His 25 + years, industry contacts, connections and knowledge elevate him to a level of expertise above all those in his field.
About Jameson Commercial
Jameson Commercial is a full service commercial real estate company with 30 years of experience in founders Harry and Charles Huzenis and over $1 billion in sales. Our services include; Investment Sales, Retail Sales & Leasing, Industrial Sales & Leasing, Multi-Family & Mixed-Use Sales, Tenant Representation, Office Leasing & Sales, Ground Up Development, Business Brokerage, Consultation Services and Disposition Services. The office is located at 425 W. North Avenue on the near north side of Chicago or jamesoncommerical.com.
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1) The Spread, a 4,000 sq. ft. sports bar in the epicenter of Lincoln Park located at 2476 N. Lincoln Avenue, the center of “The Taste of Lincoln Ave” Summer Festival, sold for $200,000.
2) Ropa, a 4,000 sq. ft. restaurant at 1146 W. Pratt Boulevard one block from Columbia Beach considered the “Gem of Rogers Park” sold for $150,000.
3) Twelve West, a 2,200 sq. ft. sophisticated piano bar at 12 W. Elm Street in the heart of the Gold Coast / Rush Street night life sold for $200,000. This location was formerly the nightclub Elm Street Liquors and previously the legendary Spike’s Rat Bar.
4) Underground Wonder Bar, a 4,000 sq. ft., 2 floor venue at 710 N. Clark Street is now the new and permanent home of the Chicago music icon Lonie Walker. Lonie’s new location in River North features live music seven days a week with a tavern, P.P.A and late night license. Lonie’s World Famous Underground Wonder Bar was located on Walton Street, between Rush and State, for 21 years prior to the building be sold and having to vacate in just 30 days. After she operated without a permanent location for the last 10 months, Costanzo was able to broker a deal for her at a larger venue ensuring this music icon continues to perform for years and years to come.
About Mike Costanzo
Costanzo has been in the industry for over 3 decades and has made a name for himself successfully brokering some of the most well-known bars, nightclubs and restaurants in Chicago. Operating as Moonshine Enterprises, his record of sales and consistently solid advice have placed him in the top 1% of brokers in his marketplace. Costanzo had been a successful bar, nightclub, and restaurant owner /operator but for the past 10 years has been focused on exclusively brokering business deals. His 25 + years, industry contacts, connections and knowledge elevate him to a level of expertise above all those in his field.
About Jameson Commercial
Jameson Commercial is a full service commercial real estate company with 30 years of experience in founders Harry and Charles Huzenis and over $1 billion in sales. Our services include; Investment Sales, Retail Sales & Leasing, Industrial Sales & Leasing, Multi-Family & Mixed-Use Sales, Tenant Representation, Office Leasing & Sales, Ground Up Development, Business Brokerage, Consultation Services and Disposition Services. The office is located at 425 W. North Avenue on the near north side of Chicago or jamesoncommerical.com.
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Contact
Jameson Real Estate
Elana Spector
312 867 2277
jamesoncommercial.com
Elana Spector
312 867 2277
jamesoncommercial.com
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