Ad #7756637
MLS #12654486
***TURNKEY RESTAURANT OPPORTUNITY | EAST LAKEVIEW | BELOW-MARKET
Chicago, Illinois, 60657
$649,000
--Beds
--Baths
--Sqft
0.417Acres
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
0.417 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 Jul 27, 2026
Photo Gallery
$649,000
--
Beds
--
Baths
--
Sqft
Chicago, Illinois, 60657
By contacting this agent you agree to these Terms and Conditions.
MLS# 12654486
***TURNKEY RESTAURANT OPPORTUNITY | EAST LAKEVIEW | BELOW-MARKET
$649,000
Chicago, Illinois, 60657
--
Beds
--
Baths
--
Sqft
0.417
Acres
$649,000
Chicago, Illinois, 60657
-- Beds
-- Baths
-- Sqft
0.417 Acres
***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.
68 days
on BarrierFreeHome.com
46
views
0
saves
Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.417 Acres
FINANCIAL & COMMUNITY
Cook County
Location
Mortgage Calculator
Ad Statistics
Ad Number
7756637
Viewed
46 times
Listing Status
Active
Added
May 20, 2026
Last Refresh
Jul 27, 2026 05:50:10 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.
Request Information
Start advertising today
Explore options for real estate agents and homeowners advertising on BarrierFreeHome.com
Sell Your Home
Explore Similar Properties
