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Fully Equipped Conventional Restaurant
For Sale
Contact for pricing
Pending

2011 N Damen Avenue, Chicago, IL 60647

Restaurant space includes newer equipment, updated mechanical systems, and a remodeled basement with office space.

Property SizeContact for details
Days on Market145

Property Features for 2011 N Damen Avenue

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 30,000 vehicles/day
Equipment Included Yes
Listing Agency: Caton Commercial Real Estate Group
Listed By: Mikus Kins · License #IL 475.161490
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 7:54AM

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 Caton Commercial Real Estate Group

Investment Insights

Based on property information with market context.

This conventional restaurant property includes the equipment and fixtures needed for a new restaurant concept. The equipment is less than three years old, and recent improvements include a new bathroom, HVAC system, exhaust system, and roof. The basement has been remodeled to provide office space, while grandfathered hanging street signage remains in place.

The property is located at 2011 N Damen Avenue in Chicago’s Bucktown area, just north of the Armitage and Damen intersection. The intersection records more than 30,000 vehicles per day and is near Luella’s Gospel Bird, AMK Kitchen, Izakaya Mita, and Le Bouchon. The existing lease requires assumption through March 30, 2021. The business name and current restaurant concept are excluded from the sale.

Key Highlights

  • Equipment and fixtures included for a new restaurant concept
  • Equipment is less than three years old
  • New bathroom, HVAC, exhaust system, and roof

Property Analytics

Current Use

Gold Ladle Thai ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Clothing & Fashion Store Fish Market Coworking & Hybrid Office

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

30,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

4,366
Businesses Nearby
320k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 28% Apparel 23% Dining 19% Electronics 13%
Kohl's Apparel
73,373 visits/mo 0.4 miles
Barnes & Noble Shops & Services
48,824 visits/mo 0.4 miles
McDonald's Dining
43,397 visits/mo 0.4 miles
Best Buy Electronics
35,454 visits/mo 0.5 miles
Aldi Groceries
32,222 visits/mo 0.3 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space includes newer equipment, updated mechanical systems, and a remodeled basement with office space.
Where is this conventional restaurant located?
The property is located at 2011 N Damen Avenue Chicago, IL.
What are key features of this property?
This property features: Equipment and fixtures included for a new restaurant concept; Equipment is less than three years old; New bathroom, HVAC, exhaust system, and roof
(312) 925-8013 Call to check price and availability
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