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Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Rent
MLS Listing ID 12704173
Year Built 1965
Annual Tax Amount $25,766
Tax Year 2024
Property Sub-Type Retail/Stores
Property Description
Exceptional opportunity to lease a former restaurant space along highly traveled Diversey Avenue in Chicago's Belmont Cragin neighborhood. This move-in-ready commercial space is ideally suited for restaurant operators, carry-out concepts, catering businesses, commissary kitchens, food-preparation operations, and other food-service users seeking to minimize startup costs and accelerate opening timelines. The premises feature existing restaurant infrastructure, including commercial kitchen improvements and essential food-service fixtures already in place. Select restaurant equipment, furnishings, and operational assets may be negotiated as part of the lease or purchased separately, providing added value and flexibility for incoming tenants. Lease includes real estate taxes and water. Tenant is responsible for utilities, insurance, and maintenance. The property is zoned B3-1 Community Shopping District, allowing for a broad range of commercial uses. Strategically positioned on a busy commercial corridor with excellent storefront visibility and exposure, the property benefits from strong neighborhood activity generated by surrounding retailers, service businesses, and densely populated residential communities. Convenient access to Cicero Avenue, Central Avenue, CTA bus routes, I-90/94 (Kennedy Expressway), and I-290 provides easy accessibility for customers, employees, and delivery services. Located in a well-established Northwest Side business district, this is a rare opportunity to secure a turn-key restaurant location with much of the essential infrastructure already in place.
Location
State IL
County Cook
Area Chi - Belmont Cragin
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Bianca Lebron of Hometown Real Estate