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Restaurant Space with Lower Level
For Lease
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3400 W Evergreen Ave, Chicago, IL 60651

2,000 SF restaurant space with lower level available for lease.

Space Size20 SF
Property Size2,000 SF
Days on Market902

Property Features for 3400 W Evergreen Ave

General Information

Standard status Active
Size 20 SF
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 2,000 SF
Tenancy Single

Spaces For Lease

at 3400 W Evergreen Ave Contact us

Available Space

Size
20 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: 33 Realty LLC
Listed By: Gene Hart · License #IL 475.149185
Source: Crexi
Added: Mar 4, 2024 Changed: Aug 10 Last Checked: Aug 23 at 12:14PM

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 33 Realty LLC

Investment Insights

Based on property information with market context.

Available for lease is a 2,000 SF second-generation restaurant space located at 3400 W Evergreen / 1340 N. Homan. The space includes a 1,000 SF lower level with new concrete flooring, fire code drywall, a walk-in freezer, a walk-in cooler, double pizza oven, prep areas, a triple-bowl sink, and storage. The 1,000 SF first floor features a hood, range, triple-basin sink, and fire-related components. An additional ~1,000 SF second floor office / additional restaurant seating is available.

Key Highlights

  • 2,000 SF second‑generation restaurant space ready for immediate use.
  • Includes a 1,000 SF lower level with walk‑in freezer and cooler.
  • First floor equipped with hood, range, and triple‑basin sink.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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

NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby
36k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
BP Shops & Services
24,035 visits/mo 0.4 miles
AutoZone Shops & Services
8,177 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
3,602 visits/mo 0.3 miles

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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 32% below the average of $28.81 /SF/Yr.

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 - 2,000 SF restaurant space with lower level available for lease.
Where is this conventional restaurant located?
The property is located at 3400 W Evergreen Ave Chicago, IL.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: 2,000 SF second‑generation restaurant space ready for immediate use.; Includes a 1,000 SF lower level with walk‑in freezer and cooler.; First floor equipped with hood, range, and triple‑basin sink.
(219) 465-8584 Call to check price and availability
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