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Executive Summary

The subject property is a 4,300-square-foot single-story retail building situated on a 6,250-square-foot site, currently configured as a fully built-out restaurant in very good condition. Zoned B3-1, the current restaurant space was originally completed in 2010 and subsequently updated in 2015. The space benefits from a modern layout and infrastructure. A final Certificate of Occupancy was issued on May 19, 2017, supporting immediate occupancy for a new operator.
The restaurant is truly turnkey, with a full complement of furniture, fixtures, and equipment (FF&E) in place. The flexible layout accommodates a wide range of food service concepts, including full-service dining, bar-focused operations, private events, banquets, and catering. The front-of-house features a 15-seat bar, multiple dining areas that can be configured for varying group sizes, ADA-compliant men’s and women’s restrooms, and a dedicated employee washroom.
The commercial kitchen is well-equipped to support high-volume operations, featuring a 14-foot black-iron exhaust hood, a gas-fired make-up air system, and a dedicated dishwasher hood. Additional infrastructure includes a 75-gallon gas-fired Rheem water heater, in-floor grease interceptors, and robust 600-amp, 3-phase electrical service. The layout incorporates generous prep space with stainless steel prep tables, multiple prep sinks and hand sinks, a utility closet, two walk-in coolers, and ample dry storage.
The property also includes a large, secure rear parking area providing convenient on-site surface parking, as well as designated space for refuse and recycling. Overall, the asset presents a rare opportunity to acquire a fully improved, ready-to-operate restaurant facility with significant infrastructure already in place.

Attachments

Sale Brochure

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,300 SF
Building Class
B
Year Built
1965
Price
$750,209 CAD
Price Per SF
$174.47 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.14 AC
Zoning
B-3
Parking
8 Spaces (1.86 Spaces per 1,000 SF Leased)
Frontage
56’ on Diversey Ave

Amenities

  • Bus Line
  • Signage
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

Bank of America
PNC Bank
Chase Bank
U.S. Bank
Planet Fitness
Carnicerias Jimenez
Starbucks
Toyota
Old National Bank
Cermak Fresh Market

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 13-28-301-006-0000
  • 13-28-301-007-0000
Land Assessment
$53,770 CAD
Improvements Assessment
$127,588 CAD
Total Assessment
$181,358 CAD
  • Listing ID: 40147946

  • Date on Market: 2026-04-14

  • Last Updated:

  • Address: 5445 W Diversey Pky, Chicago, IL 60639

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