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Restaurant Space with Kitchen Buildout
New
For Lease
$30 SF/Yr

1146 W Pratt Boulevard, Chicago, IL 60626

The layout includes two commercial kitchens, a bar area, private dining room, and operational windows in the main dining room.

Space SizeContact for details
Days on Market7

Property Features for 1146 W Pratt Boulevard

General Information

Standard status Active
Property subtype COMMERCIAL

Site & Location

Traffic Count 26,900 vehicles/day
Road Access Yes

Additional Details

Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $352,282

Building Details

Year Built 1921
Listing Agency: Baird & Warner
Listed By: Michael Elam · License #471022377
Source: Dawnmckennagroup
Added: Sep 29 Changed: Oct 5 Last Checked: Oct 4 at 2:46PM

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 Baird & Warner

Investment Insights

Based on property information with market context.

Configured for restaurant use, the space has two kitchens with hoods, a bar, a separate dish area, a walk-in cooler, an office, and two ADA restrooms. Kitchen equipment is also present. Operational windows along one wall of the main dining room provide natural light and ventilation, and the space includes access to an existing blade sign.

The property, known as The Vivian, contains 160 residences—104 studios and 56 one-bedroom units—and more than 9,900 square feet of commercial retail space. It fronts Sheridan Road, where traffic is reported at 26,900 vehicles per day, near the signalized intersection with Pratt Boulevard. Loyola University is a few blocks south; the surrounding area is served by CTA Red Line trains and CTA and Pace bus routes.

Key Highlights

  • Two kitchens with hoods, plus a separate dish area and walk‑in cooler
  • Bar area, private dining room, office, and two ADA restrooms
  • Operational windows along one wall of the main dining room

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Auto Parts Store Kitchen & Bath Showroom HVAC Service Big Box & Wholesale Store Catering Service

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

26,900 VPD
Traffic count
Yes
Paved road access
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,735
Businesses Nearby
59k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 48% Apparel 1%
Shell Shops & Services
11,940 visits/mo 0.5 miles
Dunkin' Donuts Dining
7,708 visits/mo 0.4 miles
Blaze Pizza Dining
6,200 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
5,835 visits/mo 0.3 miles
Shell Shops & Services
5,738 visits/mo 0.5 miles

Demographics for 60626, IL

50,548
Population
26,812
Households
1.9
Avg Household Size
36
Median Age
53%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
29,734
Density / Sq Mi
$57,452
Median Household Income
$39,527
Median Earnings
$1,265
Median Rent
$269,000
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$39.1 /SF/Yr
Avg Asking Price
$18–$88 /SF/Yr
Price Range
4,283 SF
Avg Space Size

This space is priced 23% below the average of $39.1 /SF/Yr.

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 - The layout includes two commercial kitchens, a bar area, private dining room, and operational windows in the main dining room.
Where is this conventional restaurant located?
The property is located at 1146 W Pratt Boulevard Chicago, IL.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Two kitchens with hoods, plus a separate dish area and walk‑in cooler; Bar area, private dining room, office, and two ADA restrooms; Operational windows along one wall of the main dining room
More about this property
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