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Equipped Conventional Restaurant
For Sale
$135,000

10606 S Torrence Avenue, Chicago, IL 60617

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market97

Property Features for 10606 S Torrence Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Directions 106th St to Torrance, turn South to property
Subdivision CHI - South Deering
Standard status Active
APN 25132030250000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5590

Utilities

Cooling system Central Air

Building Details

Year built 1888
Floors in Building 1
Listing Agency: eXp Realty
Listed By: Jovanna Quinones · License #475186851
Added: Jun 8 Changed: Aug 19 Last Checked: Sep 12 at 11:06AM
MLS# 12671222

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 conventional restaurant property includes kitchen equipment, allowing a new operator to take over an existing food-service configuration. Central Air provides cooling, and the property was built in 1888.

The site is located at 10606 S Torrence Avenue in Chicago, Illinois 60617. The parcel contains 0.0694 acres. The property was previously known as Gusi's Pizzeria, providing an established restaurant setting for a future culinary concept.

Key Highlights

  • Kitchen equipment included with the restaurant property
  • Central Air cooling
  • 0.0694‑acre parcel

Property Analytics

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Current Use

El Gran Gallo- ... Restaurant Gusis Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Spa & Massage Center Hair Salon

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

172
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 13%
BP Shops & Services
12,952 visits/mo 0.4 miles
Los Tres Amigos Dining
1,300 visits/mo 0.3 miles
SUBWAY Dining
664 visits/mo 0.3 miles

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Restaurant property with central air and an included commercial kitchen setup.
Where is this conventional restaurant located?
The property is located at 10606 S Torrence Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Kitchen equipment included with the restaurant property; Central Air cooling; 0.0694‑acre parcel
More about this property
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