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1543 N Elston Ave Chicago, IL 60642

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For Sale
$3,000,000

Freestanding, fully equipped restaurant in high-traffic location.

Type:Retail
Property size:
1,300 SF
Added:
May 21, 2025
Days on Market:
316
Last Refresh:
Mar 17 at 1:18 pm

Property Features for 1543 N Elston Ave

General Information

Standard status
Active
Size
1,300 SF
Property subtype
Retail

Building Details

Year Built
1989

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Listing Contact
Mike Levin

Listing agent Mike Levin License #IL

Listing office @properties Commercial

Listing date May 21, 2025

Source Crexi

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 @properties Commercial


Overview

Turnkey Restaurant Building For Sale

This turnkey, newer construction fast food building is available for sale. Situated just south of the hard stoplight corner of North Avenue and Elston Avenue, the property offers an excellent opportunity to own a freestanding commercial building in the Elston Manufacturing Corridor with M2-3 zoning. The fully built-out restaurant benefits from high traffic counts and includes a full commercial fast food buildout with black iron hoods and fire suppression, furniture, fixtures, and equipment, and a walk-in cooler. The building features a modern facade, windows, upgraded heat and HVAC on the roof, tuckpointing, 200 Amp electric, and modern functionality. The property includes a 15-car parking lot in the rear. Located in a high-visibility area with heavy traffic, the location sees 8600 vehicles per day. Area retailers include Art's Drive In, River North Hand Car Wash, and Home Depot. The property is close to area highways and public transportation. The second pin dimensions are 26X166.5X23.9X176.7. Pin numbers are 17051040120000 and 17051040130000. The property size is 1300 square feet.
Location Intelligence

Current Use by Public Records

Stanley's Grill Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6613818
Latitude
41.9102345

FAQs

What type of property is this?
Drive through restaurant - Freestanding, fully equipped restaurant in high-traffic location.
Where is this drive through restaurant located?
The property is located at 1543 N Elston Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Turn‑key, fully built‑out fast food restaurant with all FF&E included.; Prime location in the Elston Manufacturing Corridor (M2‑3 Zoning) with high traffic counts (8600 VPD).; Fully equipped commercial kitchen with black iron hoods and fire suppression system.
More about this property
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