Equipped Conventional Restaurant
For Lease
$36 SF/Yr NNN
1723 South Ashland Avenue, Chicago, IL 60608
B3-2-zoned space includes existing furniture, fixtures, and equipment.
Space Size850 SF
Days on Market1422
Property Features for 1723 South Ashland Avenue
General Information
Standard status
Active
Size
850 SF
Net Rentable
850 SF
Property subtype
SCR
Zoning
B3-2
Lease Type
NNN
Space & Availability
Available Space
850 SF
Contiguous Space
850 SF
Space Use
Restaurant
Furnished
Yes
Additional Details
Traffic Count
35,876 vehicles/day
Equipment Included
Yes
Building Details
Building Size
850 SF
Year Built
1930
Buildings
1
Stories
3
Units
1
Listing Agency:
Keller Williams ONEChicago
(312) 730-2029
Listed By:
Manny Regalado
(312) 730-2029
Source:
Realnex
Added: Oct 11, 2022
Changed: Aug 30
Last Checked: Aug 31 at 12:34PM
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 Keller Williams ONEChicago
Investment Insights
Based on property information with market context.
Available for lease, this 850-square-foot conventional restaurant space includes existing furniture, fixtures, and equipment, providing an established physical setup for restaurant operations. The property was built in 1930 and carries B3-2 zoning.
The space occupies the corner of Ashland Avenue and 18th Street in Chicago’s Pilsen area. It is positioned by the Ashland Avenue and 18th Street bus stops, with the 18th Street Pink Line station nearby. The intersection records an average daily traffic count of 35,876 automobiles. An itemized list of the included furniture, fixtures, and equipment is available upon request.
The space occupies the corner of Ashland Avenue and 18th Street in Chicago’s Pilsen area. It is positioned by the Ashland Avenue and 18th Street bus stops, with the 18th Street Pink Line station nearby. The intersection records an average daily traffic count of 35,876 automobiles. An itemized list of the included furniture, fixtures, and equipment is available upon request.
Key Highlights
- 850 SF restaurant space
- B3‑2 zoning
- Existing furniture, fixtures, and equipment included
Property Analytics
Current Use
Lease Details
35,876 VPD
Traffic count
NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,142
Businesses Nearby
393k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Shops & Services 29%
Dining 15%
Groceries 12%
Costco Wholesale
Superstores
170,820 visits/mo
0.4 miles
Costco Gasoline
Shops & Services
80,339 visits/mo
0.5 miles
Aldi
Groceries
48,342 visits/mo
0.4 miles
McDonald's
Dining
37,693 visits/mo
0.3 miles
BP
Shops & Services
23,707 visits/mo
0.3 miles
Demographics for 60608, IL
75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$29.92 /SF/Yr
Avg Asking Price
$17–$64 /SF/Yr
Price Range
4,100 SF
Avg Space Size
This space is priced 20% above the average of $29.92 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - B3-2-zoned space includes existing furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 1723 South Ashland Avenue Chicago, IL.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: 850 SF restaurant space; B3‑2 zoning; Existing furniture, fixtures, and equipment included
