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Carmine’s Restaurant Building in Chicago’s Gold Coast Is Selling for $24 Million

Buyer L3 Capital Could Redevelop Site in Nightlife and Shopping District That Has Weathered COVID-19

The building at 1043 N. Rush St. in Chicago has been home to Carmine’s Bar & Lounge for 28 years. (CoStar)
The building at 1043 N. Rush St. in Chicago has been home to Carmine’s Bar & Lounge for 28 years. (CoStar)

The longtime home of Carmine’s Bar & Lounge in Chicago’s Gold Coast is set to sell for about $24 million, ending a decadelong effort to sell the building and likely paving the way for the prime site to be redeveloped.

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