Second-Generation Restaurant
For Lease
Contact for pricing
1062 W Chicago Ave, Chicago, IL 60642
Restaurant space with a 14-foot hood, large walk-in cooler, and 8 employee parking spaces.
Space Size2,338 SF
Days on Market134
Property Features for 1062 W Chicago Ave
General Information
Standard status
Active
Size
2,338 SF
Total Parking Spaces
8
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Traffic Count
18,700 vehicles/day
Spaces For Lease
at 1062 W Chicago Ave Contact us- Size
- 2,338 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1062 W Chicago Ave $40/SF/Yr
- Rare opportunity to lease 2nd generation restaurant space in Chicago's booming...
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Contact us
Listing Agency:
Baum Realty
(312) 666-3000
Listed By:
Sarah Aiyash · License #481010804
(630) 270-2339
Source:
Moodyscre
Added: May 8
Changed: Sep 10
Last Checked: Sep 16 at 8:17PM
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 Baum Realty
Investment Insights
Based on property information with market context.
This second-generation restaurant space is set up for full-service food operations, featuring a 14-foot hood and a large walk-in cooler. The offering also includes 8 parking spaces for employees, with delivery support via third-party delivery.
The location is at the Chicago/Ogden/Milwaukee intersection, with immediate adjacency to the Chicago CTA Blue Line “L” station. It is also steps from CTA bus routes #66 and #56, which supports strong day-to-day foot traffic. Chicago Avenue visibility is supported by reported 18,700 VPD. Surrounding retail includes Big Shoulders Coffee, CVS, Gangnam Market, Jersey Mike’s, Dos Bros, and Dunkin’, among other established businesses.
The location is at the Chicago/Ogden/Milwaukee intersection, with immediate adjacency to the Chicago CTA Blue Line “L” station. It is also steps from CTA bus routes #66 and #56, which supports strong day-to-day foot traffic. Chicago Avenue visibility is supported by reported 18,700 VPD. Surrounding retail includes Big Shoulders Coffee, CVS, Gangnam Market, Jersey Mike’s, Dos Bros, and Dunkin’, among other established businesses.
Key Highlights
- 2nd generation restaurant space in West Town with a 14‑foot hood and large walk‑in cooler
- No key money; equipment can be included
- 8 on‑site employee parking spaces and support for third‑party delivery
Property Analytics
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Current Use
Lease Details
18,700 VPD
Traffic count
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,963
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 32%
Dunkin' Donuts
Dining
12,619 visits/mo
0.1 miles
Starbucks
Dining
9,334 visits/mo
0.3 miles
U.S. Bank
Shops & Services
4,983 visits/mo
0.1 miles
The UPS Store
Shops & Services
3,649 visits/mo
0.3 miles
Wingstop
Dining
1,929 visits/mo
0.1 miles
Demographics for 60642, IL
21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
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Market
Lease Benchmarks for Chicago, IL
$36.16 /SF/Yr
Avg Asking Price
$18–$65 /SF/Yr
Price Range
4,245 SF
Avg Space Size
This space is priced 11% above the average of $36.16 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space with a 14-foot hood, large walk-in cooler, and 8 employee parking spaces.
Where is this conventional restaurant located?
The property is located at 1062 W Chicago Ave Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: 2nd generation restaurant space in West Town with a 14‑foot hood and large walk‑in cooler; No key money; equipment can be included; 8 on‑site employee parking spaces and support for third‑party delivery
