Edgewater Glen Restaurant Space
For Lease
$25 SF/Yr
1124 W Thorndale Avenue, Chicago, IL 60660
Restaurant space in high-traffic area near Loyola University.
Space SizeContact for details
Days on Market397
Property Features for 1124 W Thorndale Avenue
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$16,890
Building Details
Year Built
1927
Listing Agency:
RAYAN REALTY & MANAGEMENT
(773) 406-6550
Listed By:
MICHAEL RAYAN
Source:
Corcoran
Added: Jul 15, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 RAYAN REALTY & MANAGEMENT
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,289
Businesses Nearby
145k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 34%
Groceries 27%
Electronics 2%
Whole Foods Market
Groceries
38,840 visits/mo
0.2 miles
McDonald's
Dining
28,639 visits/mo
0.5 miles
Shell
Shops & Services
22,949 visits/mo
0.3 miles
White Castle
Dining
10,202 visits/mo
0.4 miles
Chase Bank
Shops & Services
9,088 visits/mo
0.3 miles
Demographics for 60660, IL
42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$28.5 /SF/Yr
Avg Asking Price
$12–$58 /SF/Yr
Price Range
14,144 SF
Avg Space Size
This space is priced 12% below the average of $28.5 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
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 Avenue 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.
