Equipped Conventional Restaurant
For Lease
$20.15 SF/Yr
2717 W PETERSON Avenue, Chicago, IL 60659
Two dining rooms, dual bathrooms, and a commercial kitchen support continued restaurant use.
Space SizeContact for details
Days on Market32
Property Features for 2717 W PETERSON Avenue
General Information
Standard status
Active
Zoning
RTAIL
Lease Term
24 Months
Additional Details
Space Use
Restaurant
Traffic Count
40,000 vehicles/day
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$13,600
Building Details
Year Built
1930
Stories
1
Units
1
Listing Agency:
Equity Market Realty Inc.
(773) 743-7700
Listed By:
Mohammed Chowdhury · License #471011421
(773) 743-7700
Source:
Cavanaghrealty
Added: Jul 21
Changed: Aug 18
Last Checked: Aug 20 at 1:41PM
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 Equity Market Realty Inc.
Investment Insights
Based on property information with market context.
This 1,925-property-size conventional restaurant space includes two separate dining rooms, two bathrooms, commercial-grade kitchen equipment, and storage areas with a walk-in cooler. The existing layout is configured for restaurant operations and may also accommodate retail or storefront use, subject to applicable requirements.
The property is located at 2717 W Peterson Avenue in Chicago’s northside area, with 40K auto traffic identified in the property information. Built in 1930, the space is positioned along a commercial corridor with visibility from the street. RTAIL zoning is noted for the property.
The property is located at 2717 W Peterson Avenue in Chicago’s northside area, with 40K auto traffic identified in the property information. Built in 1930, the space is positioned along a commercial corridor with visibility from the street. RTAIL zoning is noted for the property.
Key Highlights
- Two dining rooms and two bathrooms
- Commercial‑grade kitchen appliances included
- Walk‑in cooler and additional storage space
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.02 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,926
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 30%
Groceries 22%
Beauty & Spa 1%
Aldi
Groceries
26,510 visits/mo
0.4 miles
Culver's
Dining
23,371 visits/mo
0.5 miles
BP
Shops & Services
17,990 visits/mo
0.1 miles
Bank of America
Shops & Services
14,860 visits/mo
0.5 miles
ARCO
Shops & Services
9,936 visits/mo
0.1 miles
Demographics for 60659, IL
40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$28.81 /SF/Yr
Avg Asking Price
$18–$55 /SF/Yr
Price Range
3,820 SF
Avg Space Size
This space is priced 30% below the average of $28.81 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Hong Kong Buffet — 6249 N McCormick Blvd, Chicago, IL 60659
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two dining rooms, dual bathrooms, and a commercial kitchen support continued restaurant use.
Where is this conventional restaurant located?
The property is located at 2717 W PETERSON Avenue Chicago, IL.
What is the lease rate?
The lease rate is $20.15 SF/Yr.
What are key features of this property?
This property features: Two dining rooms and two bathrooms; Commercial‑grade kitchen appliances included; Walk‑in cooler and additional storage space
