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1329 Chicago Ave Chicago, IL 60642

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For Sale
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Profitable West Town Restaurant, 2779 SF

Property size:
2,779 SF

Property Features for 1329 Chicago Ave

General Information

Property type
Restaurants
Square Feet
2,779 SF

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Listing Contact
Joey Carr
Joey Carr

Listing Agency: Carr Realty Advisors Listing Agent: Joey Carr

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Prime West Town location on Chicago Avenue presents a lucrative investment opportunity. This 2,779-square-foot, two-story restaurant space boasts a prominent corner location and is currently 100% occupied by the acclaimed Jook Sing restaurant, ensuring a steady income stream. The property features a main floor with a bar, dining room, and a full kitchen equipped with black iron accents. A full prep kitchen is conveniently located on the lower level. The building's history includes successful restaurants such as West Town Tavern, Charlatan, and Vajar, demonstrating the location's strong track record. The property is zoned B-1-2, offering flexibility for future uses. With a remaining lease term of four years and a 9% cap rate, this is a sound investment with a significant return potential. The property is a commercial parcel, not a condo. This is a rare opportunity to acquire a thriving restaurant business in a highly desirable Chicago neighborhood. The property's strong occupancy rate and established history make it an attractive investment for both seasoned and new investors seeking a stable and profitable venture.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Jook Sing Restaurant

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6605598
Latitude
41.8959572

FAQs

What type of property is this?
Restaurant - Profitable West Town Restaurant, 2779 SF
Where is this restaurant located?
The property is located at 1329 Chicago Ave Chicago, IL.
(312) 528-7780 Call to check price and availability
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