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    1631 W Howard St Chicago, IL 60626

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    For Lease
    $38 SF/Yr

    Partially built-out restaurant space near Howard Red Line stop.

    Property Features for 1631 W Howard St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1928

    Source: BECOVIC MANAGEMENT GROUP INC Agent SHKELZEN MUJA

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

    Overview

    Partially Built Restaurant Space Available

    This is a partially built-out and equipped restaurant space located next to the Howard Red Line train stop. The rentable area is 2,748 square feet, and the space is divisible to 1,900 square feet. It features a large commissary kitchen with a newer hood. There is potential for an outdoor back patio. The space is located in the historic Howard Theater building, surrounded by thriving local businesses and across the street from Willye White Park. The location experiences substantial foot traffic, which increases during the Howard St. Chalk event every August. On-site reserved parking is negotiable. This location provides an excellent opportunity to tap into the Rogers Park/Evanston corridor.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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

    Green Spoon Kitchen, Overcomer african cuisine, Twilight Kitchen, Sweet & Bubbly

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6723802
    Latitude
    42.0191804

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    FAQs

    What type of property is this?
    Restaurant - Partially built-out restaurant space near Howard Red Line stop.
    Where is this restaurant located?
    The property is located at 1631 W Howard St Chicago, IL.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: - Partially built-out and equipped restaurant space.; - Located next to the Howard Red Line train stop.; - Large commissary kitchen with newer hood.
    (773) 271-6143
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    1631 W Howard St Chicago, IL 60626
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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
    1631 W Howard St Chicago, IL 60626
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