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1401 W Devon Avenue, Chicago, IL, 60660
Single-Story Restaurant with Basement

1401 W Devon Avenue Chicago, IL 60660

For Sale
Contact for pricing

Renovated single-story restaurant includes three interconnected dining rooms, a functional basement, and on-site parking for 16.

Days on Market105

Property Features for 1401 W Devon Avenue

General Information

Standard status
Active
Property subtype
Retail, Land
Listing Agency: SVN | Chicago Commercial
Listed By: Tim Rasmussen · License #IL 471001877
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 23 at 1:59PM

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 SVN | Chicago Commercial


Investment Insights

Based on property information with market context.

The offering includes a renovated, single-story restaurant building with a fully functional basement and rooftop garden. The interior is organized into three separate but interconnected rooms: a lounge/barroom area with seating for 30, a dining room with seating for 52, and a live music room with seating for 72. The music room includes sound systems and sound attenuation panels, and it can be closed off from the dining room or opened for larger group events. The property also features five separate men’s and women’s washrooms, including a handicap-compliant washroom located adjacent to the host station/waiting area.

The kitchen is built for high-volume service and includes a 24’ stainless steel hood with a fire suppression system and conditioned make-up air. Cooking equipment includes items such as a free-standing convection oven, double deck pizza oven, 10-burner stove with double oven and broiler, flat top grill, fryer, and grills, along with multiple refrigeration and prep stations. The basement was fully excavated during renovation and is configured with health department certified prep areas, walk-in coolers, dry storage, offices, and a “green room,” with washable FRP walls, seamless epoxy floors, and washable lay-in tile ceilings.

The site is zoned B3-2 and includes the restaurant building plus additional surrounding land. A 33’ x 125’ vacant lot/surface parking lot fronts Glenwood Avenue. The license set includes Consumption on Premises – Incidental liquor, Public Place of Amusement, Retail Food, and Outdoor Patio. The property is located in Chicago’s Edgewater neighborhood along the revitalized Devon Avenue business district, adjacent to Loyola University and within walking distance of the CTA Loyola Red Line Station.

Key Highlights

  • 3,950 SF single‑story restaurant with a fully functional basement and rooftop garden on a 12,425 SF site
  • Completely renovated in 2008 and zoned B3‑2; includes active licenses for Consumption on Premises, Public Place of Amusement, Retail Food, and Outdoor Patio
  • Three interconnected dining rooms: lounge/bar (30 seats), dining room (52 seats), and live music room (72 seats) with flexible fixed banquette + table layouts

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Law Firm HVAC Service Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Building Supply Home Appliance Store Clothing & Fashion Store Fish Market

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

FAQs

What type of property is this?
Conventional restaurant - Renovated single-story restaurant includes three interconnected dining rooms, a functional basement, and on-site parking for 16.
Where is this conventional restaurant located?
The property is located at 1401 W Devon Avenue Chicago, IL.
What are key features of this property?
This property features: 3,950 SF single‑story restaurant with a fully functional basement and rooftop garden on a 12,425 SF site; Completely renovated in 2008 and zoned B3‑2; includes active licenses for Consumption on Premises, Public Place of Amusement, Retail Food, and Outdoor Patio; Three interconnected dining rooms: lounge/bar (30 seats), dining room (52 seats), and live music room (72 seats) with flexible fixed banquette + table layouts
(312) 756-7357 Call to check price and availability
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