Prime Logan Square Restaurant/Retail Corner Storefront, Northwest Side Chicago For Sale

Property Information

Real Estate:

Lease

Lease Terms:

Lease Information: Lease for $2,549/mth ($25.50/SF annually) on a modified gross basis, including base-year real estate taxes and building insurance. Tenant pays utilities, scavenger and its proportionate share of increases in taxes and insurance above the base year. Lease term, security deposit and potential rent abatement are negotiable. Zoned B3-1 Community Shopping District, accommodating a variety of potential commercial uses.

Location:

Location, Visibility & Accessibility

Surrounded by residential neighborhoods, independent restaurants, cafés, grocery markets and neighborhood retailers, the property benefits from an established mix of local customers and destination visitors. Nearby businesses include Rico Fresh Market, Armitage Produce, Damn Fine Coffee and The Moonlighter, while Logan Square's broader dining scene features popular destinations such as Gretel and Bungalow by Middle Brow.

Armitage Avenue carries ~13,000 vehicles daily near Central Park and Kimball. The location also boasts an outstanding Walk Score of 100, Bike Score of 90 and Transit Score of 70. CTA bus service along Armitage, nearby Blue Line connections and street parking provide additional accessibility. The surrounding residential density supports neighborhood-oriented businesses, repeat visits, convenient carryout and delivery.

Impressive Customer Demographics

Within just 1 mile are ~60,865 residents, 24,115 households and 13,063 daytime employees, with median household income of $84,127. Expand to 3 miles and the population reaches 424,012, with median household income of $90,236. This substantial residential and daytime customer base creates opportunities for breakfast, lunch, afternoon, evening and everyday neighborhood retail demand.

Premises Details:

Property Information: 5,500 sqft 3-story mixed-use masonry building. Built in 1896. On 0.109 acres or 4,748 sqft. 1,200 sqft ground floor vacant storefront available with 5 apartments above. Street parking. PIN 13-35-231-014-0000. 2025 building real estate taxes $14,168.

Size in square feet:

1,200 (Vacant Space)

Business Operation

Expansion Potential:

Create Your Own Destination In Logan Square

One of Chicago's established Northwest Side neighborhoods, known for its vibrant restaurant scene, independent businesses, historic architecture and walkable commercial corridors.

Whether launching an exciting new concept, expanding an established brand or relocating an existing business, this distinctive corner storefront offers an opportunity to establish a presence in one of Chicago's most recognizable neighborhoods!

Competition / Market:

Exceptionally Strong Retail Corridor

Armitage Avenue offers compelling retail fundamentals. According to Oct 2026 CoStar data, the corridor boasts 98.5% occupancy across 156 retail properties, with just 1.5% vacancy compared to its 10-year average of 3.66%. Only 5 spaces were reported available, with no new retail construction underway. An impressive 94.4% of corridor leases were renewed over the preceding 24 months, highlighting tenant retention and the desirability of this established commercial destination.

Reasons for selling:

Available.

Other Information

Financing available:

No.

Related Documents:

•   Business Information