Restaurant Bar with Leased
For Sale
Contact for pricing
2507 West North Avenue, Chicago, IL 60622
Newly built, fully equipped restaurant/bar with high ceilings, hardwood floors, exposed brick, plus a leased 3-bedroom apartment.
Property SizeContact for details
Days on Market123
Property Features for 2507 West North Avenue
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Business Included
Yes
Liquor License
Yes
Multifamily Units
1
Listing Agency:
SVN | Chicago Commercial
(312) 756-7357
Listed By:
Jim Martin · License #IL 471013242
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 4:44AM
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 mixed-use property offers a recently built, fully equipped restaurant/bar space and a leased second-floor apartment. The restaurant/bar is described with high ceilings, hardwood floors, and exposed brick, and includes additional space in the rear that could potentially be utilized for a private beer garden. The owner represents that the space will be delivered with incidental liquor and retail food licenses.
A three-bedroom, one-bath apartment is located on the second floor and is leased on a month-to-month basis for $1,200 per month. The current rent is stated as below market due to a relationship with the tenant, with market rent estimated at $1,600 per month.
The owner also notes the property can be assembled with adjacent property and business at 2509 W. North Ave. The listing is offered for sale.
A three-bedroom, one-bath apartment is located on the second floor and is leased on a month-to-month basis for $1,200 per month. The current rent is stated as below market due to a relationship with the tenant, with market rent estimated at $1,600 per month.
The owner also notes the property can be assembled with adjacent property and business at 2509 W. North Ave. The listing is offered for sale.
Key Highlights
- Mixed‑use property in West Bucktown with a restaurant/bar space and a leased 3‑bedroom, 1‑bath apartment
- Second‑floor apartment is leased month‑to‑month for $1,200/month; estimated market rent is $1,600/month
- Restaurant/bar described as recently built and fully equipped and includes high ceilings, hardwood floors, and exposed brick
Property Analytics
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
3,628
Businesses Nearby
83k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 43%
Electronics 2%
Home Improvements & Furnishings 2%
Burger King
Dining
20,940 visits/mo
0.4 miles
Circle K
Shops & Services
17,408 visits/mo
0.2 miles
Shell
Shops & Services
11,035 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
8,995 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,238 visits/mo
0.5 miles
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly built, fully equipped restaurant/bar with high ceilings, hardwood floors, exposed brick, plus a leased 3-bedroom apartment.
Where is this mixed-use property located?
The property is located at 2507 West North Avenue Chicago, IL.
What are key features of this property?
This property features: Mixed‑use property in West Bucktown with a restaurant/bar space and a leased 3‑bedroom, 1‑bath apartment; Second‑floor apartment is leased month‑to‑month for $1,200/month; estimated market rent is $1,600/month; Restaurant/bar described as recently built and fully equipped and includes high ceilings, hardwood floors, and exposed brick
