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    10606 S Torrence Ave Chicago, IL 60617

    For Sale
    $145,000

    Commercial Sale - Chicago, IL

    Property size:
    700 SF
    Days on Market:
    17
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 10606 S Torrence Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OTHER
    APN
    25132030250000
    Size
    700 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1888
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Jovanna Quinones (888) 574-9405 License #475186851

    Listing date Nov 20, 2025

    MLS# 12521563 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant Opportunity, Chicago

    This 700-square-foot commercial property, previously Gusi's Pizzeria, is located in Chicago, IL. The property is suitable for restaurants and retail. This turn-key restaurant opportunity is situated in a rising community. The space is ideal for fast food favorites such as tacos, burgers, or pizza. All kitchen equipment is included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Gran Gallo- ... Restaurant Gusis Restaurant Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5599684
    Latitude
    41.7024722

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    FAQs

    What type of property is this?
    Turn key restaurant - Fully equipped restaurant for sale in a rising Chicago community.
    Where is this turn key restaurant located?
    The property is located at 10606 S Torrence Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Fully outfitted restaurant: A true turn-key opportunity.; - All kitchen equipment included: Eliminates significant startup costs.; - Ideal for fast food: Suitable for tacos, burgers, and pizza.
    (888) 574-9405
    Request Owner's contact information
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    Chicago, IL 60617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10606 S Torrence Ave Chicago, IL 60617
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