Corner Restaurant with Outdoor
For Sale
Contact for pricing
4620 N Kedzie Avenue Unit COMMERCIAL, Chicago, IL 60625
Corner restaurant with a bar setup, outdoor patio, full basement, and two ADA-accessible bathrooms on two lots.
Property Size2,325 SF
Price / SF$0.01
Days on Market100
Property Features for 4620 N Kedzie Avenue Unit COMMERCIAL
General Information
Standard status
Active
Size
2,325 SF
Property subtype
COMMERCIAL
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$7,956
Listing Agency:
Dumas & Associates, Inc.
Listed By:
Nikki Dumas-Acerra
(773) 592-3015
Source:
Harkinsandassociates
Added: Jul 16
Changed: Oct 19
Last Checked: Oct 21 at 3:22AM
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 Dumas & Associates, Inc.
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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.
Corner restaurant space currently operating as Golden Crust Pizza, featuring a well-laid-out interior with a bar and outdoor garden/patio area. The offering includes 2,325 asf on the first floor, an additional 900 asf patio area, and a full basement. The property is situated on two lots.
The business is described as being near the L Brown Line stop and among many stores and restaurants, supporting both dine-in and delivery traffic. 2 ADA bathrooms are included.
Inventory is offered with the sale, including mechanical equipment, tables, chairs, appliances, and fixtures, which may support continued operation or reconcepting. Call or text the agent for confidentiality agreement and additional information.
The business is described as being near the L Brown Line stop and among many stores and restaurants, supporting both dine-in and delivery traffic. 2 ADA bathrooms are included.
Inventory is offered with the sale, including mechanical equipment, tables, chairs, appliances, and fixtures, which may support continued operation or reconcepting. Call or text the agent for confidentiality agreement and additional information.
Key Highlights
- Corner restaurant space currently operating as Golden Crust Pizza, with bar setup and well‑laid‑out dining areas
- 2325 SF 1st floor plus 900 SF patio and a full basement
- Outdoor garden/patio area with outdoor seating (900 SF patio) for dine‑in or reconcepting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,273
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,460
$865.5K
Cap Rate 7%
$618,186
$618.2K
Cap Rate 9%
$480,811
$480.8K
Market Conditions
NOI Build-Up for 2,325 SF
Gross rent
$61.4K $26.40/SF
− Vacancy
−$3.7K −$1.58/SF
EGI
$57.7K $24.82/SF
− OpEx
−$14.4K −$6.20/SF
NOI
$43.3K $18.61/SF
Area
Chicago, IL
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$865,460
Cap Rate 7%
$618,186
Cap Rate 9%
$480,811
Alternative Uses
Best Use
Specialty Retail
$618.2K
$540.9K – $721.2K
NOI $43,273 @ 7.0% cap · market cap 139,590.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$959.2K – $1.28M
NOI $76,736 @ 7.0% cap · market cap 247,535.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,034
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
15,151 visits/mo
0.4 miles
Chase Bank
Shops & Services
8,792 visits/mo
0.4 miles
Demographics for 60625, IL
76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner restaurant with a bar setup, outdoor patio, full basement, and two ADA-accessible bathrooms on two lots.
Where is this conventional restaurant located?
The property is located at 4620 N Kedzie Avenue Unit COMMERCIAL Chicago, IL.
What are key features of this property?
This property features: Corner restaurant space currently operating as Golden Crust Pizza, with bar setup and well‑laid‑out dining areas; 2325 SF 1st floor plus 900 SF patio and a full basement; Outdoor garden/patio area with outdoor seating (900 SF patio) for dine‑in or reconcepting
