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    2525 W Division St Chicago, IL 60622

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    For Lease
    $40 SF/Yr ($5,666 /Mo)

    Turnkey restaurant and bar in Wicker Park/Humboldt Park area.

    Property size:
    1,700 SF
    Lot size:
    0.07 Acres

    Property Features for 2525 W Division St

    General Information

    Size
    1,700 SF
    Lot size
    0.07 Acres

    Source: Jameson Commercial Agent Barry Kadish

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

    Overview

    Wicker Park Turnkey Restaurant and Bar

    This 1,700-square-foot turnkey restaurant and bar is located in the Wicker Park/Humboldt Park area. The space features a fully equipped kitchen and bar. It includes ADA-compliant washrooms and an 850-square-foot storage basement. The property previously had a Sidewalk Café Permit. The zoning is B1-1. The tenant is responsible for 60% of the water bill. The 2021 real estate taxes were $10,300.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bianca's Burgers Hamburger Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Chartwells, Rogue Philanthropy, Hospitality 201

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6904818
    Latitude
    41.9027284

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant and bar in Wicker Park/Humboldt Park area.
    Where is this restaurant located?
    The property is located at 2525 W Division St Chicago, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Turnkey restaurant and bar ready to go in Wicker Park / Humboldt Park; - Fully equipped 1,700 sq ft kitchen and bar; - Previous Sidewalk Café Permit
    (312) 502-5297
    Request Owner's contact information
    2525 W Division St Chicago, IL 60622
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    Chicago, IL 60622
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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
    2525 W Division St Chicago, IL 60622
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