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Corner Restaurant Near Little Village
For Lease
$20 SF/Yr Net

2300 Kedzie Ave # Unit Store Front Unit Store Front, Chicago, IL 60623

A Corner Restaurant, Just North side of Little Village

Space Size2,200 SF - 2,400 SF
Days on Market390

Property Features for 2300 Kedzie Ave # Unit Store Front Unit Store Front

General Information

Standard status Active
Property type Restaurants, Retail properties & Spaces
Size 2,200 SF - 2,400 SF
Elevators N/A
Lease Type Net
Lease Term Flexible
Rate Type Yearly

Building Details

Year Built 1950
Year Renovated 2017
Stories 2
Listed By: Ali I Manesh
Added: Sep 11, 2025 Changed: Apr 8

Investment Insights

Based on property information with market context.

This commercial space, located on the north side of Little Village at the corner of Kedzie Avenue and 23rd Street, is positioned across from a public library and school. The 2,400-square-foot property benefits from high foot traffic and proximity to a bus stop, as well as numerous small businesses. Currently operating as a vegetarian restaurant, the layout includes a large guest room at the front and a spacious preparation area and kitchen in the back. Street parking is readily available in the area.

Property Analytics

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Current Use

Majestic Wellness (Bike/Boat/Book/etc) Store The Black Vegan Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Hotel & Motel HVAC Service

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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,967
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 36% Electronics 1%
McDonald's Dining
36,596 visits/mo 0.4 miles
Taqueria Los Comales Dining
16,744 visits/mo 0.4 miles
BP Shops & Services
16,196 visits/mo 0.2 miles
Shell Shops & Services
15,532 visits/mo 0.4 miles
Church's Chicken Dining
13,470 visits/mo 0.5 miles

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
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Market

Lease Benchmarks for Chicago, IL

$33.67 /SF/Yr
Avg Asking Price
$16–$88 /SF/Yr
Price Range
14,214 SF
Avg Space Size

This space is priced 41% below the average of $33.67 /SF/Yr.

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

  • Zeitlin's Kitchen (only for pick-up and delivery) — 3331 W 26th St, Chicago, IL 60623
  • Banquetes Mi Cuernavaca — 2230 S Spaulding Ave, Chicago, IL 60623
  • Dragon Bites — 2104 S California Ave, Chicago, IL 60608
  • Just Like U Just Like It — 1652 S Homan Ave, Chicago, IL 60623

Frequently Asked Questions

What type of property is this?
Restaurant - A Corner Restaurant, Just North side of Little Village
Where is this restaurant located?
The property is located at 2300 Kedzie Ave # Unit Store Front Unit Store Front Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
More about this property
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