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1543 N Elston Ave 1,347 SF Retail Building Chicago, IL 60642 $3,000,000 ($2,227.17/SF)

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INVESTMENT HIGHLIGHTS

  • For Sale, Turn Key Newer construction fast food fast food building, Just South of the Hard stoplight corner of North Avenue and Elston Avenue.
  • This fully built out restaurant offers an excellent opportunity for users to take advantage of high traffic counts, immense potential
  • all furniture, fixtures, and equipment, Walk in Cooler, All FF&E Included,
  • Fantastic opportunity to own or lease a freestanding commercial building In the Elston Manufacturing Corridor M2-3 Zoning, Prime location,
  • Fully built-out kitchen Full commercial fast food buildout, all black iron hoods and fire suppression are in place,
  • The Building is completely done. new, facade, Modern Windows upgraded heat and HVAC on roof, tuckpointing, 200 Amp Electric, modern functionality.

EXECUTIVE SUMMARY

For Sale, Turn Key Newer construction fast food fast food building, Just South of the Hard stoplight corner of North Avenue and Elston Avenue. Fantastic opportunity to own or lease a freestanding commercial building In the Elston Manufacturing Corridor M2-3 Zoning, Prime location, immense potential, This fully built out restaurant offers an excellent opportunity for users to take advantage of high traffic counts, Fully built-out kitchen Full commercial fast food buildout, all black iron hoods and fire suppression are in place, all furniture, fixtures, and equipment, Walk in Cooler, All FF&E Included, The Building is completely done. new, facade, Modern Windows upgraded heat and HVAC on roof, tuckpointing, 200 Amp Electric, modern functionality. Great Location, Heavy traffic, High Visibility, 8600 Vehicles pass this location a day 8600 VPD, 15 car parking in rear parking lot Close to Area Highways and Public Transportation, Bus Area retailers include - Art's Drive In, River North Hand Car Wash, Home Depot, Nortown Auto Do not bother the tenant, Call listing broker for all showings. Second Pin Dimensions - 26X166.5X23.9X176.7 Pin Numbers - 17051040120000 - 17051040130000

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $24,643
Annual Per SF $18.29

PROPERTY FACTS

Sale Type
Owner User
Sale Conditions
Lease Option
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,347 SF
Building Class
C
Year Built
1989
Price
$3,000,000
Price Per SF
$2,227.17
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.10 AC
Zoning
M2-3 - M2-3 CHICAGO
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
111’ on Elston Ave

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (80)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Peet's Coffee
Trader Joe's
Roti
Buffalo Wild Wings
Club Pilates
[solidcore]
Starbucks
Jewel-Osco
Philz Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-05-104-012-0000
Land Assessment
$32,655 (2024)
Improvements Assessment
$16,962 (2024)
Total Assessment
$49,617 (2024)
  • Listing ID: 35938496

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 1543 N Elston Ave, Chicago, IL 60642

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