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Second Generation, West Town Restaurant 1421 W Chicago Ave 1,600 SF of Retail Space Available in Chicago, IL 60642

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SUBLEASE HIGHLIGHTS

  • **ASKING $10K FOR EXISTING ASSETS AND FURNITURE -1600 SF second generation restaurant, located on Chicago, just East of Ashland
  • Front space features a recently renovated build out (2021), large front windows, customer seating (7 tables/21 seats), front bar counter and 2 BA
  • Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground, Ste COMM
  • 1,600 SF
  • Dec 2028
  • $40.54 CAD/SF/YR $3.38 CAD/SF/MO $64,860 CAD/YR $5,405 CAD/MO
  • Retail
  • Full Build-Out
  • 2026-01-01

**ASKING $10K FOR EXISTING ASSETS AND FURNITURE. 1600 SF second generation restaurant, located on Chicago, just East of Ashland. Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant. Front space features a recently renovated build out (2021), large front windows, customer seating (7 tables/21 seats), front bar counter and two bathrooms. Existing kitchen includes a 10ft hood with black iron, ansil system, three compartment sink, grease trap, mop sink, and employee bathroom in the rear. Built in audio in the dining area; Access to partial basement; 200 AMP electrical; Exterior Patio has three tables and seats 6, with the ability to reconfigure to add more; 0.4 Miles to the Chicago Ave Blue Line Train Station, plus easy access to the Expressway, Lake Shore Drive, and multiple bus stops. Area tenants include: Noble Thai, Lush Wine & Spirits, Flo, Café Central, Beauty Bar, Standing Passengers, Oggi Trattoria and much more!

  • Sublease space available from current tenant
  • Fully Built-Out as a Restaurant or Café Space
  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
Ground, Ste COMM 1,600 SF Dec 2028 $40.54 CAD/SF/YR $3.38 CAD/SF/MO $64,860 CAD/YR $5,405 CAD/MO Retail Full Build-Out 2026-01-01

Ground, Ste COMM

Size
1,600 SF
Term
Dec 2028
Rental Rate
$40.54 CAD/SF/YR $3.38 CAD/SF/MO $64,860 CAD/YR $5,405 CAD/MO
Space Use
Retail
Condition
Full Build-Out
Available
2026-01-01

Ground, Ste COMM

Size 1,600 SF
Term Dec 2028
Rental Rate $40.54 CAD/SF/YR
Space Use Retail
Condition Full Build-Out
Available 2026-01-01

**ASKING $10K FOR EXISTING ASSETS AND FURNITURE. 1600 SF second generation restaurant, located on Chicago, just East of Ashland. Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant. Front space features a recently renovated build out (2021), large front windows, customer seating (7 tables/21 seats), front bar counter and two bathrooms. Existing kitchen includes a 10ft hood with black iron, ansil system, three compartment sink, grease trap, mop sink, and employee bathroom in the rear. Built in audio in the dining area; Access to partial basement; 200 AMP electrical; Exterior Patio has three tables and seats 6, with the ability to reconfigure to add more; 0.4 Miles to the Chicago Ave Blue Line Train Station, plus easy access to the Expressway, Lake Shore Drive, and multiple bus stops. Area tenants include: Noble Thai, Lush Wine & Spirits, Flo, Café Central, Beauty Bar, Standing Passengers, Oggi Trattoria and much more!

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition

PROPERTY FACTS

Total Space Available 1,600 SF
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 8,680 SF
Year Built 1898

ABOUT THE PROPERTY

**ASKING $10K FOR EXISTING ASSETS AND FURNITURE. 1600 SF second generation restaurant, located on Chicago, just East of Ashland. Surrounded by dense residential buildings, heavy traffic and ideal for a new restaurant tenant. Front space features a recently renovated build out (2021), large front windows, customer seating (7 tables/21 seats), front bar counter and two bathrooms. Existing kitchen includes a 10ft hood with black iron, ansil system, three compartment sink, grease trap and mop sink. Built in audio in the dining area; Access to partial basement; 200 AMP electrical; Exterior Patio has three tables and seats 6, with the ability to reconfigure to add more; 0.4 Miles to the Chicago Ave Blue Line Train Station, plus easy access to the Expressway, Lake Shore Drive, and multiple bus stops. Area tenants include: Noble Thai, Lush Wine & Spirits, Flo, Café Central, Beauty Bar, Standing Passengers, Oggi Trattoria and much more!

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (96)
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

Anytime Fitness
CrossFit
Matchbox
9Round
Starbucks
Intelligentsia Coffee
Byline Bank
U.S. Bank
Orangetheory Fitness
Goldfish Swim School
  • Listing ID: 38657724

  • Date on Market: 2025-12-04

  • Last Updated:

  • Address: 1421 W Chicago Ave, Chicago, IL 60642

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