33 83Rd StChicago, IL 60619

For Sale
$1,225,000

Prime Chicago Restaurant, 5,053 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 5,053-square-foot restaurant space, located at 33 E. 83rd St in Chicago, IL, presents a unique owner-user investment opportunity. The property, built in 1980 and renovated in 2020, boasts a Class B designation and sits on a substantial 23,250-square-foot lot. The single-story building features a fully equipped kitchen including a 6-foot hood, four bathrooms, and a spacious dining area designed for versatile seating arrangements. Ample parking is provided with 28 spaces, ensuring convenient access for patrons. The property is zoned B3-1 and benefits from a strong established community demand in the vibrant Chatham neighborhood. Its previous success as a restaurant provides a proven track record. The asking price is $1,225,000. This turnkey operation is ready for a new owner to capitalize on the existing infrastructure and the thriving local market. The property's location within a densely populated residential area and its proximity to other businesses guarantees a steady flow of potential customers. This is an excellent chance to establish or relocate your restaurant in a prime Chicago location with significant upside potential. The property's APN is 20-34-300-007 thru 012.

Highlights

  • Prime location at 33 E. 83rd St, Chicago, IL.
  • Fully equipped kitchen with 6-foot hood and four restrooms.
  • Ample parking with 28 spaces.
  • Strong established community demand in the Chatham neighborhood.
  • Proven track record of prior restaurant success.

Property Details for 33 83Rd St

Property type
Other retail properties, Restaurants
Square Feet
5,053 SF
Class
B
Year Built/Renovated
1980/2020
Stories
1
Units
1

Location Insight

City
Chicago
County
cook
State
Illinois
Latitude
41.7435
Longitude
-87.6231581
33 83Rd St, Chicago, Illinois

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33 83Rd St
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