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3938 N Central Ave Chicago, IL 60634

For Sale
$689,900

Fully renovated restaurant with apartment in prime location.

Property Features for 3938 N Central Ave

General Information

Standard status
Active

Building Details

Year built
1950

Source: ROTHMAN REAL ESTATE Agent SARAH ROBINS

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Restaurant with Remodeled Apartment

This is a fully renovated restaurant with a remodeled 2-bed apartment above. The 1,700 sq. ft. restaurant space features estimated seating for 75 indoors and 40 on a custom patio. The patio includes a luxury pergola, fire table and newer flooring. The fully equipped kitchen includes a new fryer, Matok double oven, refrigeration, and full bar with draft system and POS setup. The entire property has been gutted to the studs and renovated. Recent upgrades include new HVAC (2022 - 2024), hot water heater (2025), new electrical, plumbing, and flooring throughout. The 1,200 sq. ft. apartment offers a brand-new kitchen, bath, in-unit laundry, and rooftop access, making it ideal for owner-occupancy or rental. A liquor license was previously in place but expired June 2024. All equipment is included and sold as-is. This property presents an opportunity to acquire a fully renovated, ready-to-go space.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bluebird American Restaurant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

D'Absolute Events & Catering

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7673375
Latitude
41.9524929

FAQs

What type of property is this?
Restaurant - Fully renovated restaurant with apartment in prime location.
Where is this restaurant located?
The property is located at 3938 N Central Ave Chicago, IL.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: - Turnkey, fully renovated restaurant and apartment in a prime location.; - Restaurant features seating for 75 indoors and 40 on a custom patio with pergola and fire table.; - Fully equipped restaurant kitchen with new appliances and full bar with draft system.
More about this property
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