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Equipped Restaurant Space

3437 1/2 West 26th Street, Chicago, IL 60623

For Lease
Contact for pricing

Existing food-service infrastructure is in place for a restaurant operator.

Space Size2,850 SF
Days on Market35

Property Features for 3437 1/2 West 26th Street

General Information

Standard status Active
Size 2,850 SF
Net Rentable 2,850 SF
Property subtype Restaurant

Space & Availability

Available Space 2,850 SF
Contiguous Space 2,850 SF
Space Use Restaurant

Site & Location

Neighborhood South Lawndale

Restaurant

Equipment Included Yes
Second-Generation Restaurant Yes

Spaces For Lease

at 3437 1/2 West 26th Street
Space 1 Active
Size 2,850 SF
Contact us
Listing Agency: CR Realty, LLC
Listed By: J.D. Cortes · License IL 471.004989
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 10 at 8:15AM

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 CR Realty, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,850-square-foot restaurant space in Chicago’s Little Village includes kitchen infrastructure and operational equipment. Its previous use was as a restaurant franchise location, and the existing improvements are suited to food-service occupancy.

The property is on West 26th Street, across from a Bank of America branch. It is situated within the Little Village community.

Key Highlights

  • 2,850 square feet of restaurant space
  • Kitchen infrastructure and operational equipment remain in place
  • Located on West 26th Street in Chicago’s Little Village

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Hotel & Motel HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,949
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Shops & Services 35%
McDonald's Dining
36,596 visits/mo 0.4 miles
Taqueria Los Comales Dining
16,744 visits/mo 0.4 miles
Shell Shops & Services
15,532 visits/mo 0.3 miles
AutoZone Shops & Services
7,962 visits/mo 0.3 miles
Chase Bank Shops & Services
5,740 visits/mo 0.4 miles

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$35.88 /SF/Yr
Avg Asking Price
$18–$87.5 /SF/Yr
Price Range
4,547 SF
Avg Space Size

Average Price Trend$/SF/Yr for Conventional restaurants in Chicago, IL

$31.74 Jul
$30.01 Aug
$39.1 Sep
$36.07 Oct

Properties on Market for Conventional restaurants in Chicago

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing food-service infrastructure is in place for a restaurant operator.
Where is this conventional restaurant located?
The property is located at 3437 1/2 West 26th Street Chicago, IL.
What are key features of this property?
This property features: 2,850 square feet of restaurant space; Kitchen infrastructure and operational equipment remain in place; Located on West 26th Street in Chicago’s Little Village
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