Turnkey Second-Gen Restaurant
For Lease
Contact for pricing
1021 W Armitage Ave, Chicago, IL 60614
Turnkey restaurant with existing hood system, walk-in refrigerator, outdoor dining, and one parking space.
Space Size1,806 SF
Days on Market66
Property Features for 1021 W Armitage Ave
General Information
Standard status
Active
Size
1,806 SF
Total Parking Spaces
1
Property subtype
RETAIL
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Additional Details
Business Included
Yes
Spaces For Lease
at 1021 W Armitage Ave Contact us- Floor
- 1
- Size
- 1,806 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
1021 W Armitage Ave
- Phenomenal opportunity to join one of Chicago's most iconic retail corridors
-...
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Contact us
Listing Agency:
Frontline Real Estate Partners, LLC
(847) 542-9058
Listed By:
Matthew Tarshis · License #475156642
(847) 542-9058
Source:
Moodyscre
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 11 at 7:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
This turnkey second-generation restaurant space is set up for immediate foodservice operations, with an existing hood system, grease trap, and walk-in refrigerator already in place. The layout also includes a basement prep and storage area, supporting back-of-house functionality and additional capacity for day-to-day needs. An on-site outdoor dining area is available to complement indoor service.
Located at 1021 W Armitage Ave in Chicago, the space benefits from its street-level presence along W Armitage Ave. One on-site parking space is included, which can be a practical consideration for staff and deliveries.
For the right operator, the included kitchen infrastructure can help streamline the buildout timeline and reduce upfront equipment and systems planning. The combination of a functioning hood and grease trap, plus dedicated walk-in refrigeration, supports a wide range of restaurant concepts that require day-to-day hot and cold storage. With an outdoor dining area on-site, the space can also support seasonal and weather-appropriate service. The offering is best suited for a restaurant user ready to operate with the existing foodservice setup and make use of the basement prep/storage area for efficient workflow.
Located at 1021 W Armitage Ave in Chicago, the space benefits from its street-level presence along W Armitage Ave. One on-site parking space is included, which can be a practical consideration for staff and deliveries.
For the right operator, the included kitchen infrastructure can help streamline the buildout timeline and reduce upfront equipment and systems planning. The combination of a functioning hood and grease trap, plus dedicated walk-in refrigeration, supports a wide range of restaurant concepts that require day-to-day hot and cold storage. With an outdoor dining area on-site, the space can also support seasonal and weather-appropriate service. The offering is best suited for a restaurant user ready to operate with the existing foodservice setup and make use of the basement prep/storage area for efficient workflow.
Key Highlights
- Turnkey second‑gen restaurant space with existing hood system and grease trap
- Includes a walk‑in refrigerator plus a basement prep/storage area
- Outdoor dining area on‑site
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,414
Businesses Nearby
492k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 28%
Dining 23%
Shops & Services 12%
Apparel 12%
The Home Depot
Home Improvements & Furnishings
47,033 visits/mo
0.5 miles
Apple Store
Electronics
31,272 visits/mo
0.5 miles
Starbucks
Dining
29,699 visits/mo
0.5 miles
Nordstrom Rack
Apparel
29,650 visits/mo
0.5 miles
World Market
Home Improvements & Furnishings
25,113 visits/mo
0.4 miles
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant with existing hood system, walk-in refrigerator, outdoor dining, and one parking space.
Where is this conventional restaurant located?
The property is located at 1021 W Armitage Ave Chicago, IL.
What are key features of this property?
This property features: Turnkey second‑gen restaurant space with existing hood system and grease trap; Includes a walk‑in refrigerator plus a basement prep/storage area; Outdoor dining area on‑site
