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Corner Development Site with Restaurant
For Sale
$949,000

7455 W Irving Park Road Chicago, Chicago, IL 60634

Signalized corner site with a renovated freestanding restaurant and side parking, offering flexible neighborhood commercial use.

Property Size6,250 SF
Lot Size0.16 Acres
Price / SF$151.84
Days on Market51

Property Features for 7455 W Irving Park Road Chicago

General Information

Standard status Active
Size 6,250 SF
Total Parking Spaces 15
Lot size 0.16 Acres
Property subtype Land
Zoning COMMR

Site & Location

Traffic Count 18,000 vehicles/day
Highway Access Yes

Additional Details

Business Included Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $16,801

Amenities

Municipal Water
Public Road,Signal Intersection,State Road,Alley Access,Paved
50' x 125'
No
50
Asphalt

Building Details

Year Renovated 2024
Listing Agency:
Listed By: Jaycee Ochoa · License #475185100
Source: Remaxadream
Added: Jun 30 Changed: Aug 14 Last Checked: Aug 19 at 5:06AM

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 Jaycee Ochoa

Investment Insights

Based on property information with market context.

This 0.16-acre corner development site includes a fully renovated (2024) 4,055 SF freestanding structure plus an apartment unit above. The property is configured as a turnkey restaurant at street level, with dedicated on-site parking via a rare 15-car side parking lot. With 50 feet of frontage on Irving Park Road, the site is built to support immediate operations or redevelopment once final plans are secured.

The parcel is situated on a high-visibility signalized-adjacent corner in the Belmont Heights/Dunning corridor. It is zoned C1-2 (Neighborhood Commercial), providing flexibility for retail, professional office, or medical use. The location is in Chicago School District 299 and within Jefferson Township (Area 8017), with proximity to the Harlem-Irving Plaza (HIP) and commuter-oriented access to the I-90/294 O’Hare corridor.

For tenants or operators, the current improvements support restaurant use with turnkey functionality and dedicated parking. For buyers and developers, the zoning and configuration allow consideration of multi-story mixed-use development featuring ground-floor commercial with residential units above, while maintaining the option to leverage the existing freestanding building and parking during planning.

Key Highlights

  • 6,250 SF (50' x 125') corner development site on Irving Park Road with 50' of frontage
  • 0.16‑acre lot with frontage at a signalized intersection; road surface is asphalt and includes alley access
  • Zoned C1‑2 (Neighborhood Commercial)

Property Analytics

Current Use

Bije's Pizza Restaurant Pro Shop Pizza ... Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Garden Center Acupuncture Auto Parts Store (Bike/Boat/Book/etc) Store

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

1
Residential units
18,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby
165k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Groceries 31% Apparel 27% Shops & Services 6%
Jewel-Osco Groceries
50,945 visits/mo 0.1 miles
T.J. Maxx Apparel
40,713 visits/mo 0.1 miles
McDonald's Dining
29,175 visits/mo 0.5 miles
Burger King Dining
15,386 visits/mo 0.1 miles
Dunkin' Donuts Dining
9,094 visits/mo 0.1 miles

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value

Market

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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Similar Off Market Nearby

  • Super China Buffet 4125 Harlem Ave, Norridge, IL 60706

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Signalized corner site with a renovated freestanding restaurant and side parking, offering flexible neighborhood commercial use.
Where is this conventional restaurant located?
The property is located at 7455 W Irving Park Road Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 6,250 SF (50' x 125') corner development site on Irving Park Road with 50' of frontage; 0.16‑acre lot with frontage at a signalized intersection; road surface is asphalt and includes alley access; Zoned C1‑2 (Neighborhood Commercial)
More about this property
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