CHICAGO, Illinois
| Asking Price |
$7,647 |
Year Established |
|
|
| Annual Revenue |
$0 |
Reason for Selling |
Available. |
|
| Annual P/L |
$0 |
Attention |
Brian OKelly |
|
| Annual Cash Flow |
$0 |
Listing Number |
1020007 |
|
| # of Employees |
|
Business Category |
Commercial Real Estate: For Lease Commercial Properties |
|
Business Overview:
Prime Logan Square Restaurant/Retail Corner Storefront For Lease - Northwest Side of Chicago, IL!
“Rare Armitage Avenue Retail Opportunity With High Visibility, Exceptional Walkability, Strong Demographics & Potential Outdoor Patio”
Bring your vision to life at 3534 W Armitage Ave in Chicago’s vibrant Logan Square neighborhood! This ground-floor corner storefront is ideal for a restaurant, specialty retail shop or service business along the desirable Armitage Avenue commercial corridor.
It sits at Armitage and Drake in a charming late-1890s brick mixed-use building with 5 apartments above. Its prominent corner position, distinctive rounded brick architecture, street-facing windows and direct sidewalk access create an inviting setting with excellent visibility and branding opportunities.
A blank canvas, the premises will be delivered by the landlord in vanilla-shell condition, so you can customize the layout, finishes, fixtures and overall design to fit your business. Ideal uses include a neighborhood café, coffeehouse, bakery, breakfast/lunch concept, fast-casual restaurant, carryout, dessert shop, boutique, specialty food market, salon, wellness studio or professional service business.
The rear lot could also become an outdoor dining or gathering area, perfect for seasonal café seating, an inviting garden patio or an outdoor extension of your concept.
Listed by Brian O’Kelly at EatZ & Associates/EatZ Real Estate Group LLC
Property Features and Assets:
<p>Surrounded by homes, independent restaurants, cafés, grocers and retailers, the property draws an established mix of locals and destination visitors, with Logan Square dining favorites like The Moonlighter, Gretel and Bungalow by Middle Brow nearby. </p><p>Armitage Avenue carries ~13,000 vehicles daily, with a Walk Score of 100, Bike Score of 90 and Transit Score of 70. CTA buses, nearby Blue Line connections and street parking add access, while dense surrounding housing supports repeat visits, carryout and delivery. </p><p>Within 1 mile: ~60,865 residents, 24,115 households, 13,063 daytime employees and $84,127 median household income. Within 3 miles: 424,012 residents and $90,236 median household income.</p><p><br>SqFt: 1,200 vacant ground-floor space<br></p><p>Lease: $2,549/mth ($25.50/SF/yr) modified gross incl. base-year taxes & insurance; tenant pays utilities, scavenger & share of increases; term, deposit & abatement negotiable<br></p><p>Property: 5,500 sqft 3-story masonry building on 0.109 acres, zoned B3-1<br></p>
Market Competition and Expansion:
<p>Armitage Avenue offers compelling, proven retail fundamentals. Per October 2026 CoStar data, the corridor is 98.5% occupied across 156 retail properties, with just 1.5% vacancy versus a 10-year average of 3.66%. Only 5 spaces were available, with no new retail construction underway, and 94.4% of corridor leases renewed over the past 24 months, showing strong tenant retention and demand. </p><p>Neighbors along this stretch of Armitage include Rico Fresh Market, Armitage Produce, Damn Fine Coffee Bar, Jet’s Pizza, Jack’s Hot Dogs, La Estrella, Rosa’s Lounge, Weegee’s Lounge, Shuga Records, Logan Square Pickleball, ArtSpace Chicago and Dollar General. </p><p>Logan Square is one of Chicago’s established Northwest Side neighborhoods, known for its vibrant restaurant scene, independent businesses and lively commercial corridors. Whether launching an exciting new concept, expanding an established brand or relocating an existing business, this distinctive corner storefront lets you create your own destination in one of Chicago’s most recognizable neighborhoods.</p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity