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2528 S Kedzie Ave Chicago, IL 60623

Sponsored
For Sale
$6,499,000

COMMERCIAL - Chicago, IL

Lot size:
1.07 Acres
Days on Market:
120
Last Refresh:
Feb 3 at 5:06 pm

Property Features for 2528 S Kedzie Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
COMMR
APN
16262310330000
Lot size
1.07 Acres

Utilities

Cooling system
Central Air

Building Details

Floors in Building
2

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Listing Contact
Yiselle Bryce
Yiselle Bryce

RE/MAX 1st Service (708) 675-1600

Listing agent Yiselle Bryce (708) 675-1600

Listing date Oct 7, 2025

MLS# 12451856

Copyright © 2026 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.

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Property Insight Report

Overview

Mixed-Use Restaurant and Entertainment Venue

This 22,017 square foot mixed-use commercial restaurant and entertainment venue is a premier investment opportunity. The property, comprising 13 PINs, is the largest Mexican restaurant in Illinois, a cultural landmark in Chicago's Little Village neighborhood, serving the community for over 30 years. Extensive renovations were completed from 2020-2025. The venue features a full-service authentic Mexican restaurant, a banquet hall with a capacity for large events, and a full-service bar and lounge area. The property includes the largest patio in the Little Village neighborhood, offering 500 seats (150 restaurant, 50 bar, 75 extra restaurant room, and 300 banquet hall). It is wheelchair accessible throughout. The commercial kitchen is equipped with walk-in coolers, blast freezers, complete restaurant FF&E, and professional-grade commercial kitchen equipment. There is a freight elevator for operational efficiency. Two apartments on the second floor provide an additional income stream. Ten new HVAC units ensure climate control throughout the building. The property has 94 parking spaces across two parking lots (48 spaces and 46 spaces), a significant competitive advantage for events and daily operations in the Little Village area. The venue is suitable for private parties, community gatherings, weddings, quinceaneras, baptisms, religious celebrations, Chamber of Commerce meetings, and corporate events. It offers authentic Mexican mariachi entertainment, live music, an extensive beverage menu, and traditional Mexican cuisine with Chicago culinary influences, and has an established customer base spanning multiple generations. The property is located in Chicago, IL.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mi Tierra En ... Restaurant Ahuevo Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.705423
Latitude
41.8454544

FAQs

What type of property is this?
Conventional restaurant - 22,017 sq ft mixed-use commercial restaurant and entertainment venue.
Where is this conventional restaurant located?
The property is located at 2528 S Kedzie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $6,499,000.
What are key features of this property?
This property features: - Largest Mexican restaurant in Illinois, a cultural landmark in Chicago's Little Village with a 30+ year history and established reputation.; - Substantial 22,017 sq ft mixed-use commercial property with extensive renovations from 2020-2025.; - Exceptional parking availability with **94 spaces**, a rare and valuable asset in Little Village.
More about this property
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