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- LoopNet Team
3220 W Grand Ave
Chicago, IL 60651
Humboldt Park Virtual Kitchen Spaces · Property For Lease

HIGHLIGHTS
- Turnkey kitchen solutions for delivery-only business models, dramatically cutting real estate and labor costs with 200 SF kitchens and flexible terms.
- Spaces come equipped with floor drains, sinks, and hood systems, plus streamlined permitting allows businesses to be up and running in only weeks.
- Month to Month available, flexible options available
- Humboldt Park is rich with cultural diversity, most notably for its vibrant Puerto Rican heritage and local, community-driven businesses.
- A 3-mile radius encompasses 393,410 residents, and last year saw annual consumer spending of over $955 million on food and alcohol.
PROPERTY FACTS
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Restaurant | Parking Ratio | 17.5/1,000 SF |
| Gross Leasable Area | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,000 SF |
| Year Built | 1990 |
| Parking Ratio | 17.5/1,000 SF |
ABOUT THE PROPERTY
3220 W Grand Avenue sits on the verge of the neighborhood of Humboldt Park, across from the large park that gave the district its name. Known for cultural diversity, including a vibrant Puerto Rican heritage, many local, community-driven businesses make their home in Humboldt Park. There is a unique opportunity to service the nearby areas of Bucktown and Wicker Park that no longer receive food delivery from River North due to a tightening of delivery zones. 3220 W Grand Avenue offers turnkey kitchens complete with floor drains, sinks, and hood systems, and all that businesses need to bring is their specialized equipment. Kitchen spaces start at 200 square feet, and together with flexible terms, can help companies lower their real estate costs and spend more efficiently on labor. The focus is on providing space for delivery-only business models, catering to all sides of the restaurant industry: national chains, single locations, food entrepreneurs, and food truck owners. Humboldt Park presents an excellent home-base for this model. There are 393,410 residents within a 3-mile radius of 3220 W Grand Avenue, and this area saw over $955 million spent on food and alcohol last year. The annual Puerto Rican Parade draws more than a million people to the neighborhood each June. Demand to live in Humboldt Park continues to grow, driving home values up 16% year over year, and providing an excellent long-term customer base. However, this offering provides much more than just real estate. Leasing this property grants restauranteurs access to a platform that will unlock their grandest visions. Our around the clock account managers will work with you to make sure every part of your operation is running smoothly, from integrating the location onto all the delivery platforms, to helping you tailor your menu to a delivery-only business model, to working with you to capture the growing trends and increase your revenue.
LINKS
Listing ID: 18560329
Date on Market: 2/18/2020
Last Updated:
Address: 3220 W Grand Ave, Chicago, IL 60651
The Humboldt Park Retail Property at 3220 W Grand Ave, Chicago, IL 60651 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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