Mixed-Use Property with
For Sale
Contact for pricing
Pending
950 W Webster, Chicago, IL 60614
Established tavern and grille operation combined with retail and multifamily components.
Property SizeContact for details
Days on Market144
Property Features for 950 W Webster
General Information
Standard status
Pending
Property subtype
Retail, Mixed Use, Business for Sale
Financials
Asking Price
$4,500,000
Business Included
Yes
Additional Details
Multifamily Units
8
Listing Agency:
SVN | Chicago Commercial
(312) 756-7357
Listed By:
Jim Martin · License #IL 471013242
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 3:47PM
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.
This mixed-use property combines an established tavern and grille operation with eight apartments, retail space, and an ATM machine. The restaurant has operated for over thirty years, creating a longstanding commercial presence within the property. Additional signage income has been identified as a potential component due to the elevated train tracks nearby.
Located at 950 W Webster in Chicago’s Lincoln Park neighborhood, the property is steps from DePaul University and serves a setting associated with college sports fans, DePaul students, and north side residents. The combination of restaurant, retail, and residential elements creates a varied property profile within a single address.
Located at 950 W Webster in Chicago’s Lincoln Park neighborhood, the property is steps from DePaul University and serves a setting associated with college sports fans, DePaul students, and north side residents. The combination of restaurant, retail, and residential elements creates a varied property profile within a single address.
Key Highlights
- Mixed‑use property with restaurant, retail, and residential components
- Eight apartments included
- Tavern and grille operation established for over thirty years
Property Analytics
Current Use
Lease Details
8
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
Explore this area
Business Placement
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Established tavern and grille operation combined with retail and multifamily components.
Where is this mixed-use property located?
The property is located at 950 W Webster Chicago, IL.
What are key features of this property?
This property features: Mixed‑use property with restaurant, retail, and residential components; Eight apartments included; Tavern and grille operation established for over thirty years
