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Built-Out Restaurant and Office Suites
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5357 N Broadway St, Chicago, IL 60640

Two adjacent lease spaces include a fully equipped second-generation restaurant and an in-line office suite.

Space SizeContact for details
Property Size1,800 SF
Days on Market1007

Property Features for 5357 N Broadway St

General Information

Standard status Active
Size 1,800 SF
Property subtype RETAIL
Listing Agency: CRER
Listed By: Tuyen Nguyen · License #471006001
Source: Moodyscre
Added: Nov 2, 2023 Changed: Jul 28 Last Checked: Aug 3 at 12:43PM

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 CRER

Investment Insights

Based on property information with market context.

This offering includes two separate lease spaces. Suite 5359 is a fully equipped, second-generation restaurant in excellent condition, with a fully built-out kitchen ready for an operator’s concept. Suite E is an office space located in-line with other retailers on Balmoral Ave.

The properties are situated at the Balmoral and Broadway intersection in Chicago’s Edgewater neighborhood, providing convenient access to an active retail corridor.

For inquiries, the seller requests serious interest only. Suitable options include a restaurant operator seeking a turn-ready kitchen space or an office user looking to locate in-line with existing neighborhood retail.

Key Highlights

  • Two adjacent lease spaces at the Balmoral Ave and Broadway intersection in Chicago’s Edgewater neighborhood
  • Suite 5359 is a fully equipped second‑generation restaurant with a fully built‑out kitchen
  • Suite 5359 is offered in excellent condition and ready for your ideas

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Home Appliance Store Catering Service Tattoo & Piercing Shop Nursing Home

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,531
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Chicago, IL

$31.74 /SF/Yr
Avg Asking Price
$18–$55 /SF/Yr
Price Range
5,036 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two adjacent lease spaces include a fully equipped second-generation restaurant and an in-line office suite.
Where is this conventional restaurant located?
The property is located at 5357 N Broadway St Chicago, IL.
What are key features of this property?
This property features: Two adjacent lease spaces at the Balmoral Ave and Broadway intersection in Chicago’s Edgewater neighborhood; Suite 5359 is a fully equipped second‑generation restaurant with a fully built‑out kitchen; Suite 5359 is offered in excellent condition and ready for your ideas
(773) 879-0713 Call to check price and availability
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