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Corner Restaurant Space in Ukrainian Village
For Lease
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1057-59 N Wolcott, Chicago, IL 60622

Landmark building with full-service restaurant buildout underway.

Property Size3,200 SF
Days on Market158

Property Features for 1057-59 N Wolcott

General Information

Standard status Active
Size 3,200 SF
Property subtype Retail
Listing Agency: SVN | Chicago - Corporate
Listed By: Jim Martin · License #475139568
Source: Svnchicago
Added: Feb 25 Changed: Jul 10 Last Checked: Jul 10 at 1:15PM

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 - Corporate

Investment Insights

Based on property information with market context.

This landmark corner restaurant space is available for lease in Chicago's Ukrainian Village neighborhood. The architecturally significant building is undergoing restoration to its original facade and structure. Construction is underway for a full-service restaurant buildout. The space includes a spacious, walled private patio. The property has C1-2 zoning and is located in a neighborhood with strong demographics. The property size is 3200 square feet.

Key Highlights

  • Landmark corner location in Chicago's Ukrainian Village.
  • Gut rehabbed space with approved plans and construction underway for a full‑service restaurant.
  • Spacious, walled private patio space.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Tanning Salon Butcher

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,074
Businesses Nearby
175k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Groceries 25% Shops & Services 8%
Mariano's Groceries
43,456 visits/mo 0.4 miles
McDonald's Dining
38,181 visits/mo 0.3 miles
Wendy's Dining
29,664 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,777 visits/mo 0.5 miles
Cinnaholic Dining
6,483 visits/mo 0.5 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

Lease Benchmarks for Chicago, IL

$35.06 /SF/Yr
Avg Asking Price
$19.5–$55 /SF/Yr
Price Range
2,881 SF
Avg Space Size

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 - Landmark building with full-service restaurant buildout underway.
Where is this conventional restaurant located?
The property is located at 1057-59 N Wolcott Chicago, IL.
What are key features of this property?
This property features: Landmark corner location in Chicago's Ukrainian Village.; Gut rehabbed space with approved plans and construction underway for a full‑service restaurant.; Spacious, walled private patio space.
More about this property
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