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Turnkey Restaurant Business
For Sale
$125,000

3139 N Central Avenue, Chicago, IL 60634

Restaurant business-only sale with the space continuing under lease to the new owner and complete equipment included.

Property Size5,400 SF
Price / SF$23.15
Days on Market153

Property Features for 3139 N Central Avenue

General Information

Standard status Active
Size 5,400 SF
Property subtype COMMERCIAL

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Building Details

Building Size 5,400 SF
Listing Agency: Extreme Realty LLC
Listed By: Monica Morales · License #471016503
Source: Cnetproperties
Added: Mar 6 Changed: Jul 30 Last Checked: Aug 5 at 4:00AM

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 Extreme Realty LLC

Investment Insights

Based on property information with market context.

This is a business-only sale for a conventional restaurant concept, with the building not included. The dining operation is offered ready for the next operator, with furniture, fixtures, and equipment included as part of the sale. The restaurant space will remain leased to the new owner, supporting an ownership change without requiring relocation or a new buildout to begin operating.

The property is located at 3139 N Central Avenue in Chicago, IL 60634, and the listed restaurant premises total 5,400 SF.

For a qualified restaurateur or food operator seeking a start-up that can begin immediately using the included FF&E and equipment, this offering focuses on acquiring the restaurant business and taking over the leased space.

Key Highlights

  • Business for sale only; building not included
  • Furniture, fixtures, and equipment included
  • Restaurant space will remain leased to the new owner

Property Analytics

Current Use

Monarca Mexican Buffet Restaurant

Suggested Use

Top Pick Law Firm Skin Care Clinic Acupuncture Garden Center Nursing Home Tech Support Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,975
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 52% Shops & Services 38% Electronics 7% Dining 3%
Tony's Fresh Market Groceries
43,070 visits/mo 0.1 miles
Dollar Tree Shops & Services
10,358 visits/mo 0.0 miles
Dollar General Shops & Services
7,408 visits/mo 0.1 miles
Citibank Shops & Services
6,736 visits/mo 0.5 miles
U.S. Bank Shops & Services
4,086 visits/mo 0.3 miles

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business-only sale with the space continuing under lease to the new owner and complete equipment included.
Where is this conventional restaurant located?
The property is located at 3139 N Central Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Business for sale only; building not included; Furniture, fixtures, and equipment included; Restaurant space will remain leased to the new owner
More about this property
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