Turnkey Banquet Hall Restaurant

5319 W Belmont Avenue Chicago, IL 60641

Claim this Listing
For Sale
$999,000

COMMERCIAL - Chicago, IL

Type:Retail
Property size:
5,300 SF
Lot size:
0.14 Acres
Price / SF:
$188/SF
Added:
Jun 29, 2026
Days on Market:
14
Last Refresh:
Jul 12 at 4:06 am

Property Features for 5319 W Belmont Avenue

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Standard status
Active
APN
13281040120000
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
17962

Utilities

Cooling system
Central Air

Building Details

Year built
1925
Floors in Building
1
Building materials
Brick

Listing agent Jessica Mueller

Listing office Chicagoland Brokers Inc. 5151 N. Harlem S-201, Chicago, IL

Listing date Jun 29, 2026

MLS# 12691669

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This turnkey banquet hall or restaurant offers a fully renovated interior with extensive work completed down to the studs. The property is equipped with all-new HVAC units, a brand-new flat roof, and upgraded electrical and plumbing systems. The venue includes dedicated employee facilities plus public restrooms: a dedicated employee bathroom, a four-stall women’s restroom, and a two-stall men’s restroom with newly installed fixtures. Event-ready amenities include five flat-screen televisions, 25 tables, and approximately 130 chairs.

The commercial kitchen is set up for high-volume food service and includes a walk-in cooler, walk-in freezer, commercial stove, grill, deep fryer, and an exhaust fan. Additional kitchen equipment includes a heating table and dishwasher, and the sale inventory is described to include china, tableware, and server ware. The building provides five private parking spaces at the rear, with additional public parking available directly in front.

Designed for private parties and community events, the space is also configured to support restaurant-style operations with its high-capacity kitchen. With modernized infrastructure and move-in readiness, the property can be a practical fit for operators seeking an event venue with on-site food service capabilities.

Key Highlights

  • Brick building originally built in 1925 with 5,300 SF of event/restaurant space
  • Extensive renovation down to the studs with all‑new HVAC units, upgraded electrical and plumbing, and a new flat roof
  • Central air cooling throughout

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Radio Adams Radio Station

Suggested Use

Law Firm Acupuncture Garden Center Skin Care Clinic Catering Service Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cosmetic Store Tech Support Center

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

FAQs

What type of property is this?
Conventional restaurant - Renovated banquet hall/restaurant with updated systems, commercial kitchen, and on-site parking for private events.
Where is this conventional restaurant located?
The property is located at 5319 W Belmont Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Brick building originally built in 1925 with 5,300 SF of event/restaurant space; Extensive renovation down to the studs with all‑new HVAC units, upgraded electrical and plumbing, and a new flat roof; Central air cooling throughout
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