Restaurant with Outdoor
For Lease
Contact for pricing
2803 W Chicago Avenue, Chicago, IL 60622
Restaurant space with indoor seating for roughly fifty guests and an outdoor patio, ready for customized renovation buildout.
Space Size1,233 SF
Days on Market17
Property Features for 2803 W Chicago Avenue
General Information
Standard status
Active
Size
1,233 SF
Property subtype
Restaurant
Restaurant
Seating Capacity
50
Patio
Yes
Additional Details
Space Use
Restaurant
Building Details
Building Size
1,233 SF
Tenancy
Single
Spaces For Lease
at 2803 W Chicago Avenue Contact us- Size
- 1,233 SF
- Type
- Restaurant
- Lease Type
- Gross
- Availability
- Active
#1
Listing Agency:
Kain Real Estate
Listed By:
Allan Perales · License #478.027563
Source:
Crexi
Added: Jul 27
Changed: Aug 8
Last Checked: Aug 9 at 12:33PM
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 Kain Real Estate
Investment Insights
Based on property information with market context.
This offering includes the sale of a restaurant business and its assets only, with the real estate not for sale. The buyer will assume the existing restaurant lease, subject to landlord approval. The approximately 1,200 SF space has been demolished in preparation for renovations, creating flexibility for a customized buildout.
The concept includes indoor seating for approximately 50 guests and an outdoor patio. The property is located in Chicago’s Humboldt Park neighborhood and sits adjacent to the popular Continental Lounge.
With the demolition already completed, the space is positioned for a renovation plan tailored to the next operator’s needs while keeping the existing lease in place subject to landlord approval.
The concept includes indoor seating for approximately 50 guests and an outdoor patio. The property is located in Chicago’s Humboldt Park neighborhood and sits adjacent to the popular Continental Lounge.
With the demolition already completed, the space is positioned for a renovation plan tailored to the next operator’s needs while keeping the existing lease in place subject to landlord approval.
Key Highlights
- Approximately 1,200 SF space already demolished for renovations
- Indoor seating for approximately 50 guests
- Outdoor patio for additional guest seating
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,014
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 29%
Electronics 16%
Apparel 10%
Popeyes Louisiana Kitchen
Dining
15,239 visits/mo
0.5 miles
BP
Shops & Services
7,861 visits/mo
0.4 miles
Dunkin' Donuts
Dining
6,621 visits/mo
0.5 miles
Chase Bank
Shops & Services
6,150 visits/mo
0.5 miles
Cricket Wireless Authorized Retailer
Electronics
5,530 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
Lease Benchmarks for Chicago, IL
$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space with indoor seating for roughly fifty guests and an outdoor patio, ready for customized renovation buildout.
Where is this conventional restaurant located?
The property is located at 2803 W Chicago Avenue Chicago, IL.
What are key features of this property?
This property features: Approximately 1,200 SF space already demolished for renovations; Indoor seating for approximately 50 guests; Outdoor patio for additional guest seating
