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Listing provided courtesy of Sperry Van NessMREDas Distributed by MLSGrid- MLS# 12687199MLS Provider

Chicago, IL 60640

Commercial · 3,200 Sq. ft.
$295,000 Active

Overview

Time on Site:
6 days
Visits:
0

The subject location is a fully improved 3,204 square foot restaurant space located in the center of a well know Chicago neighborhood. Interior occupancy of over 100 people plus a significant private outdoor patio space with all required licenses in place. The location also benefits from a 1200 square foot lower level for storage and refrigeration. The offering includes and assignment of the lease, a transfer of the entity that holds the licenses and a transfer of the in place FF&E. Great location which can easily be modified to accommodate numerous different restaurant concepts concepts.

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Facts & Features

  • Type Commercial
  • Sq. ft. 3,200
  • Price/Sq.ft. $92

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Operating Expense: 999

Business Information

  • Business Type: Food & Beverage,Restaurant
  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Edgewater

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance

Tax Information

  • Tax Annual Amount: $28,560.00
  • Tax Year: 2025

General Information

  • Parcel Number: 99999999900000
  • Possible Use: Liquor License
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 3200

General Information

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Stories: 1

Unit Information

  • Unit SqFt.: 3204

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 50*125
  • Lot Size Square Feet: 6250

Waterfront/View

  • Waterfront: No

Neighborhood

Community

60640 (Chicago) Demographics

37
Median Age
26,211
Population Density (per sq. mile)
64%
College Educated
$59,516
Estimated Median Income
11,366
Estimated Total Home Owners
24,645
Estimated Total Renters
32% / 68%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$470,748
Average List Price
$453
Average Price per Square Foot
71
Properties Sold
42
Average Days on Market
136
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026