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El Nuevo Mexicano

$749,000

2914 North Clark Street, Chicago, IL 60657

Active
Last Updated: 10/02/2025

10,100 sqft

Building Size

3

Floors

Details:
Building Size:    10,100 sqft
Floors:    3
Highlights:
  • El Nuevo Mexicano is an impeccably appointed restaurant that has been family owned and operated in the heart of Lakeview at the same location since 1983.
  • High grossing revenue with positive cash-flow.
  • The first dining area with its vintage 12-foot tin ceiling & exposed brick walls flows into a second dining area with sky lights and an array of tasteful artwork followed by an enclosed, temperature-controlled patio for year-round use.
  • With options, 13 years remain on a gross lease having a well below market rental rate.
  • Corporately held, transferable Incidental Liquor, Outdoor Patio, & Retail Food licenses.
  • Approximately, 2,400 square feet on the first floor with a full basement.
  • Proof of funds is required prior to scheduling a showing.
  • https://elnuevomexicano.net
  • Do not disturb the business and its employees.
  • Co-Op commission: 3%.
Description:

El Nuevo Mexicano is an impeccably appointed restaurant that has been family owned and operated in the heart of Lakeview at the same location since 1983. High grossing revenue with positive cash-flow. The first dining area with its vintage 12-foot tin ceiling & exposed brick walls flows into a second dining area with sky lights and an array of tasteful artwork followed by an enclosed, temperature-controlled patio for year-round use. With options, 13 years remain on a gross lease having a well below market rental rate. Corporately held, transferable Incidental Liquor, Outdoor Patio, & Retail Food licenses. Approximately, 2,400 square feet on the first floor with a full basement. Proof of funds is required prior to scheduling a showing. https://elnuevomexicano.net Do not disturb the business and its employees.

Discover the best of city living in Lakeview, one of Chicago’s most dynamic and desirable neighborhoods. This vibrant community offers endless dining, shopping, and entertainment options, all within walking distance. From the iconic Wrigley Field and the bustling Belmont Theater District to the lively North Halsted nightlife and relaxing lakefront trails, Lakeview truly has something for everyone. With excellent transit access, charming tree-lined streets, and a perfect blend of historic character and modern amenities, it’s easy to see why Lakeview is one of Chicago’s most sought-after destinations.

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2914_N._Clark_St_Full_MP_Co-Op.pdf
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