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Second-Generation Restaurant Space
New
For Lease
$3,000/Mo

3453 South Prairie Avenue, Chicago, IL 60616

Restaurant space with commercial kitchen infrastructure, B1-3 zoning, and immediate availability.

Space Size1,300 SF
Days on Market6

Property Features for 3453 South Prairie Avenue

General Information

Standard status Active
Size 1,300 SF
Net Rentable 1,300 SF
Property subtype Retail
Zoning B1-3
Lease Type Modified Gross
Lease Term MG

Space & Availability

Available Space 1,300 SF
Contiguous Space 1,300 SF
Space Use Restaurant
Available From Immediate

Lease Terms

Lease Rate $3,000 /USD/MO
Monthly Rent $3,000
Rent per SF/Year $27.69

Restaurant

Commercial Hood Yes
Equipment Included Yes

Building Details

Building Size 1,300 SF

Spaces For Lease

at 3453 South Prairie Avenue Contact us

3453 S Prairie - +/-1300 SF 2ND GEN. RESTAURANT FOR LEASE $3,000/Mo

Size
1,300 SF
Type
Restaurant
Term
Negotiable
Contact us
Listing Agency: 33 Realty
Listed By: Gene Hart · License #IL #475.149185
Source: 33realty
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 20 at 5:03AM

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

Investment Insights

Based on property information with market context.

Approximately 1,300 SF of restaurant space is available at 3453 South Prairie Avenue. The layout includes existing food-service improvements such as a commercial hood with black iron exhaust ventilation, 220v outlets, a triple-basin sink, mop sink, hand sink, and related safety features. The space was previously used as a bakery, providing an existing restaurant-oriented configuration for a new operator.

The property is in Chicago’s Bronzeville neighborhood near 35th and Prairie and is zoned B1-3. Off-street parking is available for an additional fee, while non-metered, non-zoned street parking is available along Prairie. The premises are available immediately.

Key Highlights

  • Approximately 1,300 SF restaurant space
  • Commercial hood with black iron ventilation and exhaust system
  • Triple‑basin sink, mop sink, and hand sink in place

Property Analytics

Current Use

Ray-Zors Edge Salon Barber Shop

Suggested Use

Top Pick Dental Office HVAC Service Law Firm (Bike/Boat/Book/etc) Store Bakery Building Supply

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$4.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,412
Businesses Nearby
247k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Groceries 40% Shops & Services 12% Apparel 3%
Mariano's Groceries
57,390 visits/mo 0.5 miles
Jewel-Osco Groceries
42,423 visits/mo 0.3 miles
McDonald's Dining
26,583 visits/mo 0.1 miles
Culver's Dining
22,662 visits/mo 0.3 miles
White Castle Dining
19,452 visits/mo 0.2 miles

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
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 4% 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with commercial kitchen infrastructure, B1-3 zoning, and immediate availability.
Where is this conventional restaurant located?
The property is located at 3453 South Prairie Avenue Chicago, IL.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Approximately 1,300 SF restaurant space; Commercial hood with black iron ventilation and exhaust system; Triple‑basin sink, mop sink, and hand sink in place
More about this property
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