Commercial: MLS #12687199 Chicago, IL ^$ 295,000

Commercial: MLS #12687199

^$ 295,000

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Commercial: MLS #12687199

Name: address
Address: IL, 60640

Chicago, IL, 60640

^$ 295,000

Bedrooms-- Baths-- Sq 3,200

Monthly Estimate*

^$ 1,863

Commercial Property for sale in Chicago, IL

for $295,000. This 3,200 square foot building was built on a lot size of 0.14348.

The subject location is a fully improved 3,204 square foot restaurant space located in the center of a well know Chicago neighborhood. Interior occupancy of over 100 people plus a significant private outdoor patio space with all required licenses in place. The location also benefits from a 1200 square foot lower level for storage and refrigeration. The offering includes and assignment of the lease, a transfer of the entity that holds the licenses and a transfer of the in place FF&E. Great location which can easily be modified to accommodate numerous different restaurant concepts concepts.

Commercial Active

Price

^$ 295,000

Property Type

Commercial

Taxes

^$ 28,560

Style

Food & Beverage,Restaurant

Lot Size

0.14348

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12687199

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Electric Service - 201 to 600 Amps

Tenant Pays Air Conditioning Electricity Heat Janitorial Service Taxes Insurance

Stories Count 1

Tax Year 2025

Current Use Commercial

Business Type Food & Beverage Restaurant

County Cook

Operating Expense 999

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Liquor License

Status New

Directions Please contact listing broker for exact address. An NDA will be required.

City Chicago

MLS Area CHI - Edgewater

Lot Size Square Feet 6250

Tax Annual Amount 28560

Additional Parcels Y/N N

Lease Type Net

Standard Status Active

Ownership Type Corporation

Exterior

Building Area Total 3200

Lot Dimensions 50*125

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Sperry Van Ness

Broker

msullivan@svn.com

Affordability Calculator

$4,243

Per Month

Monthly Principal & Interest: $1,863
Monthly Property Taxes: $2,380
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$943,678

Percent of Sale Price 220%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/24/2026	$295,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/25/2026.

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Commercial: MLS #12687199

Commercial Property for sale in Chicago, IL

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