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    2234 N Western Ave Chicago, IL 60647

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    For Lease
    $55 SF/Yr

    Former restaurant space with kitchen infrastructure and large patio.

    Property Features for 2234 N Western Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2016

    Source: @PROPERTIES COMMERCIAL Agent IAN FEINERMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space with Patio

    The property is a former restaurant space, previously occupied by Taqueria Chingon, available for lease. It features existing kitchen infrastructure. While the interior seating area is minimal, there is a large patio that could be enclosed to accommodate four-season dining. The space is suitable for a fast-casual pick-up and delivery operation. It is located on high-traffic Western Avenue, situated between the Bucktown and Logan Square neighborhoods. The property includes a 12-foot hood, black iron, plumbing, and electrical setup for a prep and receiving counter, as well as a large cooler in the back. Central heating and air conditioning are installed. The space is fully built and ready for a new restaurant concept. The property offers convenient access to the Kennedy Expressway, major bus lines, and is less than half a mile from the Western Blue Line 'L' stop. Area tenants include Alize Cafe, Chef's Special, Logan Hardware, Agora Market, Dunkin Donuts, Target, and Regal Cinema.
    Location Intelligence

    Current Use by Public Records

    Taqueria Chingon Taco Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Logan Oyster Socials, Artisan Catering Inc, Third Coast Chef, Rosie's Sidekick Sandwich Shop, Daria's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6878151
    Latitude
    41.9226859

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant space with kitchen infrastructure and large patio.
    Where is this restaurant located?
    The property is located at 2234 N Western Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $55 SF/Yr.
    What are key features of this property?
    This property features: - Fully built-out restaurant space with existing kitchen infrastructure (12-foot hood, black iron, plumbing, electric, large cooler) ready for a new concept.; - Prime location on high-traffic Western Ave. between Bucktown and Logan Square.; - Ideal for fast-casual, pick-up, and delivery operations.
    (312) 506-0200
    Request Owner's contact information
    2234 N Western Ave Chicago, IL 60647
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    Chicago, IL 60647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2234 N Western Ave Chicago, IL 60647
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