Turnkey Ground-Floor
New
For Sale
Contact for pricing
420 W Belmont Avenue, Chicago, IL 60657
Established dining space with a commercial kitchen, customer seating, and restaurant operating infrastructure in place.
Property Size2,176 SF
Price / SF$0.01
Days on Market4
Property Features for 420 W Belmont Avenue
General Information
Standard status
Active
Size
2,176 SF
Total Parking Spaces
1
Property subtype
Business Opportunity
Site & Location
Traffic Count
25,000 vehicles/day
Highway Access
Yes
Restaurant
Seating Capacity
80
Equipment Included
Yes
Liquor License
Yes
Additional Details
Floor
Ground
Business Included
Yes
Building Details
Building Size
2,176 SF
Year Renovated
2020
Stories
42
Tenancy
Multi
Listing Agency:
Chicago Real Estate Resources
(773) 327-9300
Listed By:
Tuyen Nguyen · License #471006001
(773) 327-9300
Source:
Cavanaghrealty
Added: Aug 7
Last Checked: Aug 9 at 1:38PM
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 Chicago Real Estate Resources
Investment Insights
Based on property information with market context.
This ground-floor restaurant encompasses 2,176 SF with seating for 80 and a commercial kitchen supported by a draft beer line system. A $600,000+ buildout was completed in 2020, and the premises include two ADA-compliant restrooms plus one dedicated garage parking space. The sale also includes branding, recipes, a website, marketing materials, and operating systems, along with a recently renewed liquor license.
The restaurant operates within a 42-story high-rise at 420 W Belmont Avenue in Chicago’s East Lakeview. The location records 18,000-25,000 vehicles per day and sits near Belmont Harbor, the Lakefront Trail, and Wrigleyville, with commuter activity from Lake Shore Drive. The lease is transferable, and the business includes a customer database of 55,000+ email and SMS subscribers and 25,000+ social media followers.
The restaurant operates within a 42-story high-rise at 420 W Belmont Avenue in Chicago’s East Lakeview. The location records 18,000-25,000 vehicles per day and sits near Belmont Harbor, the Lakefront Trail, and Wrigleyville, with commuter activity from Lake Shore Drive. The lease is transferable, and the business includes a customer database of 55,000+ email and SMS subscribers and 25,000+ social media followers.
Key Highlights
- 2,176 SF ground‑floor restaurant with seating for 80
- $600,000+ buildout completed in 2020
- Commercial kitchen with draft beer line system
Property Analytics
Current Use
Lease Details
25,000 VPD
Traffic count
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
5,153
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 23%
Home Improvements & Furnishings 15%
Hotels & Casinos 10%
Jersey Mike's Subs
Dining
6,626 visits/mo
0.3 miles
Circle K
Shops & Services
5,024 visits/mo
0.3 miles
Taco Bell
Dining
4,467 visits/mo
0.4 miles
Best Western Plus Hawthorne Terrace Hotel
Hotels & Casinos
3,462 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
3,394 visits/mo
0.5 miles
Demographics for 60657, IL
72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established dining space with a commercial kitchen, customer seating, and restaurant operating infrastructure in place.
Where is this conventional restaurant located?
The property is located at 420 W Belmont Avenue Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 2,176 SF ground‑floor restaurant with seating for 80; $600,000+ buildout completed in 2020; Commercial kitchen with draft beer line system
