2500 N Ashland Avenue Chicago, IL 60614

Building Details

Year Built

1909

Listing office COORDINATE PROPERTIES LLC a***@coordinateproperties.com Show Phone

Listing date Dec 12, 2025

Source Corcoran

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Investment Insights

Based on property information with market context.

This restaurant space is situated in the Lincoln Park neighborhood of Chicago, located on the corner of Ashland and Altgeld at 2500 N Ashland Ave. The location offers brand exposure to over 40,000 passing vehicles daily. The Lincoln Park neighborhood is known for having the highest median income in Chicago. The space is turnkey, requiring no significant buildout, and is eligible for a liquor license and sidewalk cafe. It is equipped with a 10-foot black iron hood and an extra-large walk-in cooler in the basement below the bar area, suitable for storing kegs for beer taps. This space is suitable for starting a new restaurant or opening additional locations.

Key Highlights

• Prime corner location in Lincoln Park with high visibility.
• Turnkey restaurant space requiring minimal buildout.
• Eligible for a liquor license and sidewalk cafe permit.

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FAQs

What type of property is this?

Conventional restaurant - Turnkey restaurant space in Lincoln Park with high visibility.

Where is this conventional restaurant located?

The property is located at 2500 N Ashland Avenue Chicago, IL.

What is the lease rate?

The lease rate is $38 SF/Yr.

What are key features of this property?

This property features: Prime corner location in Lincoln Park with high visibility.; Turnkey restaurant space requiring minimal buildout.; Eligible for a liquor license and sidewalk cafe permit.