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Iconic Restaurant Building and Business
For Sale
$515,000

4156 N Kedzie Avenue, Chicago, IL 60618

Award-winning restaurant and building for sale, a rare opportunity.

Days on Market424

Property Features for 4156 N Kedzie Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $19,519
Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: URAI CHIYA · License #471013266
Source: Corcoran
Added: Jun 3, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

Investment Insights

Based on property information with market context.

The iconic Arun's Restaurant, including both the business and building, is available for sale. This legendary Thai fine-dining establishment has received numerous accolades, including the James Beard Award and recognition by Time Magazine's best-selling "1,000 Places To See Before You Die" as a must-visit destination. The property features a full-service bar and is designed for elegant fine dining, with a main-floor dining area seating 65 guests, including a split layout with an elevated section for more intimate gatherings. The second floor offers additional seating for 20, along with a bathroom and office space, making it ideal for private dining or events and easy to convert for any type of restaurant user. Stunning exterior windows showcase traditional Thai artwork, enhancing the building's unique charm. This turnkey property is perfect for restaurateurs or investors seeking to own a historic, award-winning establishment while also securing the building. The property is located at 4156 N Kedzie Ave.

Key Highlights

  • Includes Arun's Restaurant business and the building, eliminating lease concerns.
  • Legendary Thai fine‑dining establishment with accolades including a James Beard Award.
  • Turnkey property with a long‑standing reputation for elegant ambiance and exceptional service.

Property Analytics

Current Use

Arun's Thai Restaurant Restaurant

Suggested Use

Top Pick Nursing Home Home Appliance Store (Bike/Boat/Book/etc) Store Butcher Bed & Breakfast Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,997
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 84% Shops & Services 13% Home Improvements & Furnishings 4%
McDonald's Dining
28,743 visits/mo 0.4 miles
7-Eleven Shops & Services
4,380 visits/mo 0.4 miles
Jays True Value Home Improvements & Furnishings
1,216 visits/mo 0.5 miles

Demographics for 60618, IL

90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
Median Home Value

Market

Properties on Market for Restaurants in Chicago

Jan
Feb
Mar
Apr
May
Jun

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
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Similar Off Market Nearby

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  • Shmeal — 3823 N Monticello Ave, Chicago, IL 60618
  • Chef Didier Durand — 3818 N Richmond St, Chicago, IL 60618
  • Bellonas Pizza — 3447 W Montrose Ave, Chicago, IL 60618

Frequently Asked Questions

What type of property is this?
Restaurant - Award-winning restaurant and building for sale, a rare opportunity.
Where is this restaurant located?
The property is located at 4156 N Kedzie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Includes Arun's Restaurant business and the building, eliminating lease concerns.; Legendary Thai fine‑dining establishment with accolades including a James Beard Award.; Turnkey property with a long‑standing reputation for elegant ambiance and exceptional service.
More about this property
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