Search
Turnkey Restaurant Building For Sale
For Sale
Contact for pricing

1543 N Elston Ave, Chicago, IL 60642

Freestanding, fully equipped restaurant in high-traffic location.

Property Size1,300 SF
Price / SF$2,146
Days on Market457

Property Features for 1543 N Elston Ave

General Information

Standard status Active
Size 1,300 SF
Property subtype Retail
Zoning M2-3

Building Details

Year Built 1989
Year Renovated 1989
Buildings 1
Stories 1
Units 1
Listing Agency: @properties Commercial
Listed By: Mike Levin · License #IL
Source: Crexi
Added: May 21, 2025 Changed: Aug 17 Last Checked: Aug 19 at 7:50AM

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

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Stanley's Grill Restaurant

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,981
Businesses Nearby
359k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 32% Home Improvements & Furnishings 27% Shops & Services 15% Dining 11%
Jewel-Osco Groceries
65,395 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
47,033 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.4 miles
Binny's Beverage Depot Groceries
23,400 visits/mo 0.4 miles
Best Buy Electronics
22,061 visits/mo 0.4 miles

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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 $2,790,000.
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.
(847) 977-5389 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message