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31461455
31461456

4601 N Lincoln Ave, Chicago, IL 60625 For Sale

MS
IL 475139568
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial
$125,000
108 days on market
Updated 24 days ago

Lincoln Square Corner Restaurant For Sale

Details
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant
Square Footage 1,600
Units 1
Tenancy Single
Price per SqFt $78
Broker Co-Op Yes
Year Renovated 2020
Buildings 1
Stories 3
Zoning 1.5
Investment Type Owner/User

Corner Lincoln Square Restaurant For Sale | 1,600 SF

Marketing description

Property Description

Positioned on a prominent corner in the heart of Lincoln Square, this 1,600 SF restaurant presents a rare opportunity to acquire a long-standing, fully built-out space in one of Chicago’s most vibrant dining corridors. The location benefits from exceptional visibility and steady foot traffic, with a concept that has successfully operated here for over two decades—underscoring the strength and consistency of the site. The space features a full commercial kitchen and includes all in-place licenses, including a retail food incidental liquor license and a sidewalk café permit. With seating for 50 guests inside and a substantial outdoor dining component, this turnkey offering is ideally suited for an operator looking to step into an established, high-demand neighborhood with immediate upside potential.

Location Description

Nestled on the North Side of Chicago, Lincoln Square offers a vibrant, walkable community known for its charming blend of historic character and modern energy, making it an ideal setting for a thriving restaurant concept. The neighborhood draws a loyal, diverse clientele with its tree-lined streets, strong local identity, and year-round foot traffic driven by boutique shopping, cultural venues, and popular festivals. Anchored by a dynamic mix of established dining spots and emerging culinary talent, Lincoln Square provides a built-in audience that values quality, authenticity, and neighborhood charm, creating a prime opportunity for a restaurant to become a beloved local destination.

Investment highlights

  • Prime corner location in Lincoln Square with outstanding visibility, strong foot traffic, and a proven presence in one of Chicago’s most desirable dining districts
  • 1,600 SF fully built-out restaurant featuring a full commercial kitchen and efficient layout, ideal for a wide range of concepts
  • All licenses in place, including Retail Food Incidental Liquor License and sidewalk café permit, allowing for seamless transition to new ownership
  • Seating for 50 guests indoors plus a large outdoor dining component; location has successfully operated for over 20 years, demonstrating long-term viability

Listing Contacts

MS
IL 475139568
SVN | Chicago Commercial
Listed by SVN | Chicago Commercial

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