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Rebuilt Corner Restaurant Building
For Sale
$449,000

2640 E 75th Street, Chicago, IL 60649

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.11 Acres
Days on Market534

Property Features for 2640 E 75th Street

General Information

Property type Commercial Sale
Property subtype Retail
Directions Exchange Ave-75th St. at the corner 76th St. -Exchange Ave.-75th St. corner
Subdivision CHI - South Shore
Standard status Active
APN 21301210070000
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5559

Utilities

Cooling system Central Air

Building Details

Year built 1910
Floors in Building 1
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Mar 11, 2025 Changed: Aug 20 Last Checked: Aug 26 at 6:06AM
MLS# 12309423

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.

Investment Insights

Based on property information with market context.

This single-story, freestanding restaurant building occupies a corner position at Exchange Avenue and 75th Street. The property was fully rebuilt in 2021/2022 and includes central air conditioning. Originally constructed in 1910, the building sits on approximately 0.1148 acres.

The property is leased and located within the South Shore neighborhood, with access to the Metra South Shore train stop just blocks away. The surrounding area includes Rainbow Beach, Tobey Prinz Beach, Hartigan Beach Park, South Shore Beach and Golf Course, and Jackson Park Golf Course. Its corner placement and location near established recreational and transit destinations provide clear physical and access characteristics for a restaurant-oriented property.

Key Highlights

  • Fully rebuilt in 2021/2022
  • Single‑story freestanding corner building
  • Approximately 0.1148 acres

Property Analytics

Current Use

Shark's Fish & Chicken Restaurant

Suggested Use

Top Pick Law Firm Building Supply (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

969
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Citgo Shops & Services
3,220 visits/mo 0.3 miles
Citgo Shops & Services
2,307 visits/mo 0.3 miles

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-story freestanding property with central air at Exchange Avenue and 75th Street.
Where is this conventional restaurant located?
The property is located at 2640 E 75th Street Chicago, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Fully rebuilt in 2021/2022; Single‑story freestanding corner building; Approximately 0.1148 acres
More about this property
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