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Turnkey Second-Generation Restaurant
For Lease
$31 SF/Yr

17949 S Halsted St, Homewood, IL 60430

Fully built-out dining and kitchen space at a signalized intersection within an occupied neighborhood shopping center.

Space Size1,300 SF
Days on Market16

Property Features for 17949 S Halsted St

General Information

Standard status Active
Size 1,300 SF
Net Rentable 1,300 SF
Total Parking Spaces 35
Occupancy 100%

Space & Availability

Available Space 1,300 SF
Contiguous Space 1,300 SF
Space Use Restaurant
Available From Immediate

Site & Location

Traffic Count 66,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Restaurant

Hood Type Type I
Commercial Hood Yes
Grease Trap Yes
Equipment Included Yes

Building Details

Year Built 2009
Tenancy Multi
Listing Agency: MoHall Commercial & Urban Development
Listed By: Moses Hall · License #471019687
Source: Liveliferealty
Added: Aug 15 Changed: Aug 28 Last Checked: Aug 29 at 12:22PM

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 MoHall Commercial & Urban Development

Investment Insights

Based on property information with market context.

This 1,300 square foot second-generation restaurant at 17949 S Halsted Street includes a customer dining room with high ceilings, ordering counter, commercial kitchen, food preparation areas, dry storage, walk-in cooler and freezer, and an ADA-compliant restroom. The premises also feature a Type I exhaust hood with fire suppression, stainless steel prep surfaces, three-compartment and hand sinks, gas service, HVAC, fire alarm infrastructure, grease management systems, and permanent restaurant fixtures. The layout supports dine-in, carryout, delivery, and catering operations.

The restaurant occupies space in a fully occupied neighborhood shopping center at the signalized intersection of Halsted Street and Ridge Road, identified as IL Route 1. Approximately 35 parking spaces serve the center, with exposure to more than 66,000 combined vehicles per day. The property is near established residential neighborhoods, national retailers, local businesses, and Metra commuter rail service. Built in 2009, the property is zoned COMMR and is available immediately subject to landlord approval of the lease assignment.

Key Highlights

  • 1,300 square foot second‑generation restaurant with existing dining and back‑of‑house areas
  • Commercial kitchen includes Type I exhaust hood, fire suppression, walk‑in cooler and freezer, and grease management infrastructure
  • Signalized intersection of Halsted Street and Ridge Road; Halsted Street is identified as IL Route 1

Property Analytics

Current Use

Juanchos - Homewood Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Cafe & Coffee Shop Barber Shop

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

66,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$4.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby
187k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 27% Home Improvements & Furnishings 20% Apparel 12%
The Home Depot Home Improvements & Furnishings
33,757 visits/mo 0.2 miles
Delta Sonic Car Wash Shops & Services
32,282 visits/mo 0.2 miles
Burlington Apparel
21,525 visits/mo 0.3 miles
Culver's Dining
20,179 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
16,768 visits/mo 0.3 miles

Demographics for 60430, IL

20,146
Population
7,662
Households
2.6
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
6.9 sq mi
ZIP Area
2,920
Density / Sq Mi
$91,402
Median Household Income
$48,509
Median Earnings
$1,419
Median Rent
$209,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully built-out dining and kitchen space at a signalized intersection within an occupied neighborhood shopping center.
Where is this conventional restaurant located?
The property is located at 17949 S Halsted St Homewood, IL.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: 1,300 square foot second‑generation restaurant with existing dining and back‑of‑house areas; Commercial kitchen includes Type I exhaust hood, fire suppression, walk‑in cooler and freezer, and grease management infrastructure; Signalized intersection of Halsted Street and Ridge Road; Halsted Street is identified as IL Route 1
More about this property
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