2343 Chicago AveChicago, IL 60622

For Sale
$695,000

Turnkey Restaurant, 2500 SF, $695K

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 2,500 square foot retail property, located at 2343 W. Chicago Avenue in Chicago, IL 60622, presents a unique investment opportunity. Built in 1923, this single-story masonry building is zoned C1-3 and offers a turnkey restaurant setup, complete with substantial furniture, fixtures, and equipment (FF&E), ready for immediate occupancy. The property boasts a prominent location on Chicago Avenue, benefiting from high visibility and traffic, with over 15,300 vehicles passing daily. A private rear parking lot provides ample space and potential for outdoor dining expansion. The existing blade sign offers strong signage potential. Situated in Chicago's vibrant Ukrainian Village neighborhood within West Town, this property is ideally positioned within a one-mile radius of approximately 50,000 residents. The asking price is $695,000, translating to $278 per square foot. The property's APN is 17-07-100-034-0000. This is an owner-user ideal property with significant upside potential.

Highlights

  • 2,500 SF retail property ideal for owner-users.
  • Existing blade sign offers strong signage potential.
  • Private rear parking lot with outdoor dining potential.
  • High-traffic location on Chicago Avenue (15,300+ VPD).

Property Details for 2343 Chicago Ave

Property type
Other retail properties, Retail properties
Square Feet
2,500 SF
Year Built
1923

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8955424
Longitude
-87.6860643
2343 Chicago Ave, Chicago, Illinois

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2343 Chicago Ave
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