Ad #7756637
MLS #12654486
***TURNKEY RESTAURANT OPPORTUNITY | EAST LAKEVIEW | BELOW-MARKET
Chicago, IL 60657
$649,000
--Beds
--Baths
--Sqft
0.42Acres
About this property
***TURNKEY RESTAURANT OPPORTUNITY | EAST LAKEVIEW | BELOW-MARKET LEASE 2,176 SF | 80 Seats | Ground Floor | 42-Story High-Rise | Belmont Ave ** Rare opportunity to assume a below-market lease in one of Chicago's strongest dining corridors, with current total rent of approximately $5,600/month against a submarket average of $7,400+/month NNN for comparable spaces. With 18,000-25,000 vehicles per day, dense residential population, commuter traffic off Lake Shore Drive, and direct proximity to Belmont Harbor, the Lakefront Trail, and Wrigleyville. The space is fully turnkey following a $600,000+ buildout completed in 2020, encompassing the commercial kitchen, draft beer line system, decor, branding, and operational infrastructure. The lease includes two ADA-compliant restrooms, one dedicated garage parking space, and a recently renewed liquor license. The sale includes significant business assets: a transferable customer database of 55,000+ email and SMS subscribers, 25,000+ social media followers, along with established branding, recipes, a website, marketing assets, and operational systems. Value-add opportunities exist through expanded operating hours, catering, private events, alcohol sales, delivery, and retail products. This is an ideal acquisition for an owner-operator, restaurant group, cafe concept, cocktail lounge, or hospitality operator seeking a proven, high-visibility location in East Lakeview. Please do not contact on-site staff directly. Click on *Additional Information* to download the brochure.
Property Features
0 Beds
0 Baths
0 Sqft
0.42 Acres
Cook County
Additional Photos
Contact Information
Tuyen Nguyen
Chicago Real Estate Resources
773-327-9300
Location
Listing Agent: Tuyen Nguyen 773-327-9300
Broker: Chicago Real Estate Resources 773-327-9300 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Chicago Real Estate Resources 773-327-9300 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Oct 23, 2026
Photo Gallery
$649,000
--
Beds
--
Baths
--
Sqft
Chicago, IL 60657
By contacting this agent you agree to these Terms and Conditions.
MLS# 12654486
$649,000
Chicago, IL 60657
--
Beds
--
Baths
--
Sqft
0.42
Acres
-- Beds
-- Baths
-- Sqft
0.42 Acres
***TURNKEY RESTAURANT OPPORTUNITY | EAST LAKEVIEW | BELOW-MARKET
***TURNKEY RESTAURANT OPPORTUNITY | EAST LAKEVIEW | BELOW-MARKET LEASE 2,176 SF | 80 Seats | Ground Floor | 42-Story High-Rise | Belmont Ave ** Rare opportunity to assume a below-market lease in one of Chicago's strongest dining corridors, with current total rent of approximately $5,600/month against a submarket average of $7,400+/month NNN for comparable spaces. With 18,000-25,000 vehicles per day, dense residential population, commuter traffic off Lake Shore Drive, and direct proximity to Belmont Harbor, the Lakefront Trail, and Wrigleyville. The space is fully turnkey following a $600,000+ buildout completed in 2020, encompassing the commercial kitchen, draft beer line system, decor, branding, and operational infrastructure. The lease includes two ADA-compliant restrooms, one dedicated garage parking space, and a recently renewed liquor license. The sale includes significant business assets: a transferable customer database of 55,000+ email and SMS subscribers, 25,000+ social media followers, along with established branding, recipes, a website, marketing assets, and operational systems. Value-add opportunities exist through expanded operating hours, catering, private events, alcohol sales, delivery, and retail products. This is an ideal acquisition for an owner-operator, restaurant group, cafe concept, cocktail lounge, or hospitality operator seeking a proven, high-visibility location in East Lakeview. Please do not contact on-site staff directly. Click on *Additional Information* to download the brochure.
155 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.42 Acres
FINANCIAL & COMMUNITY
Cook County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7756637
Viewed
119 times
Listing Status
Active
Added
May 20, 2026
Last Refreshed
Oct 22, 2026 05:59:50 PM
Listing Information
Data Source
Midwest Real Estate Data, LLC
Source Property ID
12654486
Listing Agent: Tuyen Nguyen 773-327-9300
Broker: Chicago Real Estate Resources 773-327-9300 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Chicago Real Estate Resources 773-327-9300 Listing Site
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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