Mixed-Use Restaurant with Rooftop
For Sale
Contact for pricing
5352 N Broadway, Chicago, IL 60640
Fully leased two-story building with a branded restaurant, basement prep space, and a second-floor residential unit.
Property Size4,445 SF
Lot Size0.07 Acres
Days on Market122
Property Features for 5352 N Broadway
General Information
Standard status
Active
Size
4,445 SF
Lot size
0.07 Acres
Property subtype
Retail, Business for Sale
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Multifamily Units
1
Building Details
Stories
2
Listing Agency:
SVN | Chicago Commercial
(312) 756-7357
Listed By:
Tim Rasmussen · License #IL 471001877
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 7:47PM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
Offered for sale is a fully leased, urban mixed-use property featuring a restaurant on the first floor with basement space for prep and operations, plus residential use on the second floor. The restaurant includes an 81-seat dining room and a prep-compliant 1,056 square foot basement. A rooftop patio on the second floor includes a full-service bar and seating for 36 guests.
The second-floor residential unit consists of two bedrooms and two bathrooms, with a separate HVAC system and in-unit laundry. The property is presented with related licenses, furniture, fixtures, and equipment tied to Pearl’s Restaurant, which has operated at this location for approximately seven years following near-ground-up construction in 2014/2015. Current licenses include an Outdoor Patio, Incidental Liquor, and Retail Food.
The offering also notes extra-wide sidewalks along Broadway and a building positioned along Chicago’s Broadway corridor. The property includes both the restaurant and residential portions within a two-story structure.
The second-floor residential unit consists of two bedrooms and two bathrooms, with a separate HVAC system and in-unit laundry. The property is presented with related licenses, furniture, fixtures, and equipment tied to Pearl’s Restaurant, which has operated at this location for approximately seven years following near-ground-up construction in 2014/2015. Current licenses include an Outdoor Patio, Incidental Liquor, and Retail Food.
The offering also notes extra-wide sidewalks along Broadway and a building positioned along Chicago’s Broadway corridor. The property includes both the restaurant and residential portions within a two-story structure.
Key Highlights
- 4,445 SF, two‑story mixed‑use building on a 3,125 SF site with a fully leased restaurant and residential unit
- Restaurant on first floor plus basement prep space: 81‑seat dining room and 1,056 SF prep‑compliant basement
- Second‑floor rooftop patio with full‑service bar and seating for 36 guests; current outdoor patio and liquor licenses included
Property Analytics
Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
3,982
Businesses Nearby
167k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 24%
Groceries 23%
Home Improvements & Furnishings 5%
Mariano's
Groceries
38,415 visits/mo
0.3 miles
McDonald's
Dining
27,614 visits/mo
0.3 miles
Shell
Shops & Services
22,949 visits/mo
0.4 miles
BP
Shops & Services
17,307 visits/mo
0.2 miles
Chase Bank
Shops & Services
9,088 visits/mo
0.4 miles
Demographics for 60640, IL
65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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 - Fully leased two-story building with a branded restaurant, basement prep space, and a second-floor residential unit.
Where is this conventional restaurant located?
The property is located at 5352 N Broadway Chicago, IL.
What are key features of this property?
This property features: 4,445 SF, two‑story mixed‑use building on a 3,125 SF site with a fully leased restaurant and residential unit; Restaurant on first floor plus basement prep space: 81‑seat dining room and 1,056 SF prep‑compliant basement; Second‑floor rooftop patio with full‑service bar and seating for 36 guests; current outdoor patio and liquor licenses included
