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Property Description
Fully improved restaurant opportunity available at 1450 West Webster Avenue in the heart of Chicago's thriving Lincoln Park trade area. The turnkey ground-floor space features an existing restaurant buildout including a small bar, full commercial kitchen, and a fully improved basement equipped for storage, refrigeration, prep, and dishwashing operations. The property offers approximately 39 feet of prime frontage along West Webster Avenue with the ability to incorporate a substantial outdoor dining component, creating exceptional street presence and customer visibility. The location benefits from strong surrounding demand drivers including Webster Place, the new Advocate Outpatient Center, and nearby DePaul University, while offering convenient access from across the city via nearby major thoroughfares and public transportation.
Full Property Details
Full Property Details for 1450 W Webster Ave
General
- Price: $39
- Taxes: $21,000 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12667477
- Updated: 6/9/2026
- Added to Site: 42 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Public Restroom(s), Storage Inside, Basement
Additional Information
- Security/Safety: Ansul System, Fire Extinguisher(s)
Location
- Area: CHI - Lincoln Park
- County: Cook
- Driving Directions: The subject property is located on the Webster between Clybourn and Ashland.
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1900
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Frontage: City Street
- Drainage: Floor Drains
- Zoning: COMMR
Financial Considerations
- Lease Price: $39
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Ansul System, Fire Extinguisher/s
- Assessment Year: 1900
- Tax Amount: $21,000
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, All Utilities
Listed by Sperry Van Ness
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Schools
Schools serving 1450 W Webster Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mayer Elementary School 2250 North Clifton Avenue, Chicago, IL 60614 | PK-8 | 0.4 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1450 W Webster Ave
Date
Details
Price
Change
Source
6/03/2026
Listed
$39
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1450 W Webster Ave
1450 W Webster Avenue, Chicago, IL 60614 (MLS# 12667477) is a Commercial Lease property. 1450 W Webster Avenue is currently listed for $39 and was received on June 03, 2026. Want to learn more about 1450 W Webster Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.

