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Fully Equipped Restaurant Corner
For Sale
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1024 N Western Ave, Chicago, IL 60622

Fully rehabbed restaurant with interior seating for 75 and outdoor seating in two areas, plus multiple operating licenses.

Property SizeContact for details
Days on Market122

Property Features for 1024 N Western Ave

General Information

Standard status Active
Property subtype Retail, Business for Sale

Amenities

outdoor seating

Building Details

Year Renovated 2019
Listing Agency: SVN | Chicago Commercial
Listed By: Marcus Sullivan · License #IL 475139568
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:42AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

1024 N. Western Avenue is a fully equipped and licensed restaurant offering interior seating for 75 guests. The property features two outdoor seating components located along the side and in the rear of the building, along with an outdoor patio license.

This corner location was fully rehabbed in 2019. The facility includes corporately held licenses, including incidental liquor and retail food, supporting operation as a hospitality concept.

While currently configured for restaurant use, the space can be adapted for a variety of hospitality concepts, subject to applicable licensing and approvals.

Key Highlights

  • Fully rehabbed corner restaurant, fully rehabbed in 2019
  • Interior seating for 75
  • Two outdoor seating components along the side and in the rear of the building

Property Analytics

Current Use

PageTraffic SEO Company ... Marketing & Advertising

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Restaurant Accounting Firm

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

3,531
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 56% Dining 44%
Burger King Dining
17,373 visits/mo 0.3 miles
Mobil Shops & Services
10,571 visits/mo 0.5 miles
Family Dollar Shops & Services
7,238 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,148 visits/mo 0.3 miles
Shell Shops & Services
6,179 visits/mo 0.3 miles

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully rehabbed restaurant with interior seating for 75 and outdoor seating in two areas, plus multiple operating licenses.
Where is this conventional restaurant located?
The property is located at 1024 N Western Ave Chicago, IL.
What are key features of this property?
This property features: Fully rehabbed corner restaurant, fully rehabbed in 2019; Interior seating for 75; Two outdoor seating components along the side and in the rear of the building
(312) 756-7357 Call to check price and availability
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