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Second-Generation Restaurant and Retail
For Lease
$55 SF/Yr

1520 North Damen Avenue, Chicago, IL 60622

Second-generation restaurant space with black iron infrastructure and 20' ceilings plus an additional in-line retail space and customer parking.

Property Size3,702 SF
Days on Market39

Property Features for 1520 North Damen Avenue

General Information

Standard status Active
Size 3,702 SF
Property subtype Retail - Restaurant
Zoning C1-2

Additional Details

Clear Height 20 ft

Building Details

Year Built 1997
Listing Agency: SVN | Chicago Commercial
Listed By: Adam C. Thomas · License #062060446
Source: Commercialcafe
Added: Jun 25 Changed: Jul 21 Last Checked: Jul 31 at 3:29AM

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.

This offering features a 3,702 SF second-generation restaurant space with existing black iron infrastructure and expansive 20' ceilings. An additional 1,997 SF flexible in-line retail space is available, supporting a range of retail uses under the property’s configuration.

The property is positioned directly across from Wicker Park and steps from the 6-Corners Intersection, with additional transit access near the Damen CTA Station. On-site customer parking is provided, and the property is described as having favorable C1-2 zoning.

The spaces are set up to support both dining and retail uses, with the restaurant area already equipped for operational buildout through its existing black iron infrastructure and ceiling height.

Key Highlights

  • 1997‑built property offering 3,702 SF second‑generation restaurant space with existing black iron infrastructure
  • Restaurant space features expansive 20' ceilings
  • Additional 1,997 SF flexible in‑line retail space for a variety of retail uses

Property Analytics

Current Use

Huemetrics Cosmetic Store The Violet Hour Bar & Pub SUZIE FATOU JACKATEY Physician R RICHARD CORDERO Physician HUDA AMORAH Physician

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Butcher Accounting Firm

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

20 ft
Clear height
NNN (Triple Net)
Lease Type
$8.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,934
Businesses Nearby
269k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Dining 31% Apparel 12% Groceries 12%
Barnes & Noble Shops & Services
48,824 visits/mo 0.1 miles
Aldi Groceries
32,222 visits/mo 0.3 miles
Circle K Shops & Services
17,408 visits/mo 0.4 miles
Jeni's Splendid Ice Creams Dining
11,621 visits/mo 0.2 miles
Shell Shops & Services
11,035 visits/mo 0.5 miles

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$35.06 /SF/Yr
Avg Asking Price
$19.5–$55 /SF/Yr
Price Range
2,881 SF
Avg Space Size

This space is priced 57% above the average of $35.06 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant space with black iron infrastructure and 20' ceilings plus an additional in-line retail space and customer parking.
Where is this conventional restaurant located?
The property is located at 1520 North Damen Avenue Chicago, IL.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: 1997‑built property offering 3,702 SF second‑generation restaurant space with existing black iron infrastructure; Restaurant space features expansive 20' ceilings; Additional 1,997 SF flexible in‑line retail space for a variety of retail uses
More about this property
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