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    2610 W Peterson Ave Chicago, IL 60659

    For Sale
    $1,300,000

    Business Opportunity - Chicago, IL

    Property size:
    3,700 SF
    Days on Market:
    47
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 2610 W Peterson Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    13012270170000
    Size
    3,700 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Koral Realty, Inc (773) 907-8300 [email protected]

    Listing agent Sonia Habibovic (773) 907-8300 License #471001945

    Listing date Oct 28, 2025

    MLS# 12147882 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

    Updated Commercial Property with Kitchen

    This updated 3,700 square foot freestanding brick building is located in Chicago, IL. Currently built out as a modern lounge, it features a full commercial kitchen, bar area, stage and sound equipment, and a VIP area. The kitchen is equipped with a black iron cook area with an ANSUL system, walk-in freezer, pizza oven, hand sink, and prep area. All furniture, fixtures, and trade equipment are included. The property has B3-2 Zoning and sits on a 4,550 square foot lot. Located near the corner of Peterson & Talman, the site benefits from high visibility and strong demographics, with 34,400 vehicles per day. The building has been completely rehabbed and is well-maintained, featuring updated electrical with 200 amp electrical service, a new 3-zone HVAC system, and updated plumbing. The surrounding business district includes restaurants, bars, medical businesses, various retailers, and medical facilities. The property has transferable licenses and permits including PPA, Liquor, Food and Front Patio Permit. The property is suitable for bars, restaurants, retail properties, and commercial kitchens.
    Location Intelligence

    Current Use by Public Records

    Imperia Lounge Night Club Piccolo Lounge and Pool ... Bar Chicago Game Day ... Sports Bar

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

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

    Similar Places Nearby

    Rosewood Tavern, Savanna Restaurant, My Hookah Cafe, D 4 Cafe on Western(Bosnian Food), Lincoln Karaoke

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6950838
    Latitude
    41.9906954

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    FAQs

    What type of property is this?
    Bar - Freestanding brick building with commercial kitchen and modern lounge.
    Where is this bar located?
    The property is located at 2610 W Peterson Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Fully equipped, modern lounge featuring a commercial kitchen with black iron cook area, walk-in freezer, pizza oven, bar, stage, sound equipment, and VIP area. All furniture, fixtures, and trade equipment are included.; - Transferable licenses and permits, including PPA, Liquor, Food, and Front Patio Permit, are available.; - High-traffic location (34,400 VPD) at the corner of Peterson & Talman offers great visibility and strong demographics.
    (773) 907-8300
    Request Owner's contact information
    2610 W Peterson Ave Chicago, IL 60659
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    Chicago, IL 60659
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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
    2610 W Peterson Ave Chicago, IL 60659
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