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Restaurant/Bar Opportunity on Western Avenue
For Sale
$650,000

10350 S Western Avenue, Chicago, IL 60643

Highly visible retail property in Chicago's Beverly neighborhood.

Property Size3,996 SF
Price / SF$162.66
Days on Market596

Property Features for 10350 S Western Avenue

General Information

Standard status Active
Size 3,996 SF
Property subtype Commercial/Industrial

Building Details

Year Built 1950
Listing Agency: Brookline Real Estate LLC
Listed By: William Lundy · License #475174897
Source: Exitrealty
Added: Dec 18, 2024 Changed: Jul 6 Last Checked: Aug 6 at 5:04AM

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 Brookline Real Estate LLC

Investment Insights

Based on property information with market context.

This retail property is located in the Beverly neighborhood of Chicago, positioned on Western Avenue near the intersection at 103rd Street. The 3,996 square-foot building is currently built out as a bar and is suitable for restaurant use. The property benefits from its location directly on Western Avenue near the intersection at 103rd Street, and is surrounded by Walgreens, Dunkin', bp, 7-Eleven, and KFC, as well as dense residential neighborhoods. The site is located along an active trade corridor near Ridge Country Club Golf Course in West Beverly. The building is located directly at a PACE Bus stop and blocks from I-57 and a Metra Train Station. Other retailers on this corridor include Walmart, Whole Foods, Meijer, Sam's Club, Menards, Ulta, Mariano's, Aldi, Macy's, Dollar Tree, Evergreen Kia, The Original Rainbow Cone, McDonald's, Five Guys, Chipotle, Planet Fitness, Starbucks, T-Mobile, Anytime Fitness, Raising Cane's, and Shell. The property includes a 3,000 square-foot basement suitable for storage or offices. It features a walk-in cooler and fully operational beer lines, as well as a grandfathered 4AM liquor license with transfer of LLC. The location benefits from traffic counts of 25,800.

Key Highlights

  • Grandfathered 4AM liquor license with transfer of LLC.
  • High‑visibility location on Western Avenue near 103rd Street in Beverly.
  • Strong transit‑oriented location: directly at a PACE Bus stop, blocks from I‑57 and a Metra Train Station.

Property Analytics

Current Use

ATM Atm Brewbakers Bar & Pub

Suggested Use

Top Pick HVAC Service Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Grocery & Convenience 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

973
Businesses Nearby
90k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Buona Dining
13,078 visits/mo 0.4 miles
Sparkle Express Car Wash Shops & Services
11,912 visits/mo 0.3 miles
BP Shops & Services
10,957 visits/mo 0.1 miles
Shell Shops & Services
9,896 visits/mo 0.5 miles
The Original Pancake House Dining
9,817 visits/mo 0.1 miles

Demographics for 60643, IL

47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
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
Rey
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Similar Off Market Nearby

  • Ridge Country Club 10522 s california ave, chicago, il 60655
  • Kelly's Tap 10910 s western ave, chicago, il 60643
  • Barney Callaghan's Pub 10618 S Western Ave, Chicago, IL 60643
  • Cork & Kerry 10614 S Western Ave, Chicago, IL 60643
  • Dingers Sports Bar 10638 S Western Ave, Chicago, IL 60643

Frequently Asked Questions

What type of property is this?
Bar & Pub - Highly visible retail property in Chicago's Beverly neighborhood.
Where is this bar & pub located?
The property is located at 10350 S Western Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Grandfathered 4AM liquor license with transfer of LLC.; High‑visibility location on Western Avenue near 103rd Street in Beverly.; Strong transit‑oriented location: directly at a PACE Bus stop, blocks from I‑57 and a Metra Train Station.
More about this property
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