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Below-Grade Bar & Restaurant
For Sale
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1909 N Lincoln Avenue, Chicago, IL 60614

Intimate below-grade bar with six tap lines and seating for 10, positioned in Chicago’s Old Town.

Property SizeContact for details
Days on Market126

Property Features for 1909 N Lincoln Avenue

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes
Listing Agency: SVN | Chicago Commercial
Listed By: Tim Rasmussen · License #IL 471001877
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 12:20AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This successful bar/restaurant is a 20-year-old operating concept offering an intimate, below-grade setting. The space includes a dedicated bar with six tap lines and seating for 10. Per the current remarks, the configuration lends itself to a speakeasy-style re-concept or another bar/restaurant use.

Located in Chicago’s Old Town neighborhood, the property is described as within a few blocks of the lake. The area is characterized by retail and shopping options, along with well-known entertainment venues including Second City Improv Theatre and Zanies Comedy Club.

The offering is presented as a long-standing, well-known local spot within Old Town.

Key Highlights

  • 20‑year‑old bar/restaurant business located in Chicago’s Old Town
  • Below‑grade interior space suited for a speakeasy or bar/restaurant re‑concept
  • Bar features 6 tap lines

Property Analytics

Current Use

Hideaway Chicago Bar & Pub Royals Pizza Restaurant Speakeasy Pizza Restaurant Hemingway Cleaners (Bike/Boat/Book/etc) Store Royal's Speakeasy Pizza ... Restaurant

Suggested Use

Top Pick Auto Parts Store Accounting Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Food Market Auto Repair 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5,587
Businesses Nearby
195k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 21% Superstores 17% Home Improvements & Furnishings 16%
Target Superstores
33,595 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
30,960 visits/mo 0.5 miles
McDonald's Dining
29,548 visits/mo 0.5 miles
Blue Sushi Sake Grill Dining
10,380 visits/mo 0.1 miles
Chase Bank Shops & Services
10,060 visits/mo 0.1 miles

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
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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Similar Off Market Nearby

  • Earls Kitchen + Bar 1538 N Clybourn Ave a108, Chicago, IL 60610
  • Old Town Pub 1339 N Wells St, Chicago, IL 60610
  • Old Town Pour House (Old Town - Chicago) 1419 N Wells St, Chicago, IL 60610
  • Weeds Tavern 1555 N Dayton St, Chicago, IL 60642
  • Old Town Ale House 219 W North Ave, Chicago, IL 60610

Frequently Asked Questions

What type of property is this?
Bar & Pub - Intimate below-grade bar with six tap lines and seating for 10, positioned in Chicago’s Old Town.
Where is this bar & pub located?
The property is located at 1909 N Lincoln Avenue Chicago, IL.
What are key features of this property?
This property features: 20‑year‑old bar/restaurant business located in Chicago’s Old Town; Below‑grade interior space suited for a speakeasy or bar/restaurant re‑concept; Bar features 6 tap lines
More about this property
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