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    1124 W Thorndale Ave Chicago, IL 60660

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    For Lease
    $25 SF/Yr

    Restaurant space in high-traffic area near Loyola University.

    Property Features for 1124 W Thorndale Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1927

    Source: RAYAN REALTY & MANAGEMENT Agent MICHAEL RAYAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Edgewater Glen Restaurant Space Available

    This 1,700-square-foot storefront is available for lease on W Thorndale Avenue in Chicago, IL. The space, formerly a restaurant, includes a 12-foot black iron hood and a 4-foot stainless steel baking hood. Located in the Edgewater Glen/Loyola neighborhood, the property benefits from high foot traffic along the bustling Thorndale corridor, with the Thorndale Red Line entrance located next door. Metered street parking is available, along with a metered parking lot across the street. The space is in a single-story retail center with a new roof that was replaced 2 months ago. The location offers great exposure in a vibrant community, near new residential apartment developments and major retail chains such as Whole Foods, Chase Bank, LA Fitness, Aldi, and Wing Stop. Loyola University's campus is located three blocks away, providing a high concentration of students in the area. The space includes 2 bathrooms and 2 HVAC units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Thorndale West Cafe ... American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Tasting India, BiryaniBreak

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6593459
    Latitude
    41.9904749

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space in high-traffic area near Loyola University.
    Where is this restaurant located?
    The property is located at 1124 W Thorndale Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location next to the Thorndale Red Line entrance and major retailers.; - Equipped with a **12-foot black iron hood and a 4-foot stainless steel baking hood**, ideal for restaurant use.; - **1,700 SqFt storefront** in the desirable Edgewater Glen/Loyola neighborhood.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1124 W Thorndale Ave Chicago, IL 60660
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