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Restaurant Space with Full Equipment
For Sale
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1706 W Foster Avenue, Chicago, IL 60659

COMMERCIAL - Chicago, IL

Property Size2,500 SF
Price / SF$2.20
Days on Market57

Property Features for 1706 W Foster Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Clark St. to Foster Ave. to address Western Ave. to Foster Ave. to address
Subdivision CHI - Edgewater
Standard status Active

Taxes and HOA fees

Tax Year 2024

Utilities

Cooling system Central Air

Building Details

Floors in Building 1
Building materials Concrete
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Jun 11 Changed: Aug 4 Last Checked: Aug 6 at 7:06AM
MLS# 12673190

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant opportunity is ready to operate and includes full equipment. The offering is an approximately 2,500-square-foot space with established restaurant buildout designed for use as a conventional restaurant, with street presence for front-of-house visibility.

Located at 1706 W Foster Avenue in Chicago, the property is positioned in a North Side business district setting between Andersonville and Ravenswood, one block west of the Clark Street commercial corridor. It benefits from a walkable, pedestrian-oriented environment with year-round street festivals and community events. Access is supported by nearby CTA bus routes and CTA Brown Line stations, along with Metra commuter rail service, with Lake Shore Drive and downtown Chicago within minutes.

With zoning provided as COMMR, this setup can fit operators seeking a turnkey restaurant space that can be put to use without starting from scratch. The combination of a street-facing layout, existing equipment, and convenient public transportation access supports daily foot traffic from both neighborhood residents and visitors to the surrounding retail and dining options.

Key Highlights

  • Approximately 2,500 SF restaurant space with full equipment included
  • Located one block west of the Clark Street commercial corridor in Chicago’s North Side
  • Zoned B2‑2

Property Analytics

Current Use

Fat Chris's Pizza ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Nursing Home Tanning Salon Arcade & Gaming Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

3,025
Businesses Nearby
149k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Groceries 32% Shops & Services 28% Electronics 1%
Jewel-Osco Groceries
47,202 visits/mo 0.4 miles
McDonald's Dining
21,895 visits/mo 0.5 miles
Starbucks Dining
11,272 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
8,803 visits/mo 0.3 miles
U.S. Bank Shops & Services
7,811 visits/mo 0.2 miles

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant setup in an approximately 2,500-sf street-facing space with transit access and strong neighborhood activity.
Where is this conventional restaurant located?
The property is located at 1706 W Foster Avenue Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Approximately 2,500 SF restaurant space with full equipment included; Located one block west of the Clark Street commercial corridor in Chicago’s North Side; Zoned B2‑2
More about this property
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