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$125,000
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Property Description
Second-Generation Restaurant & Bar Opportunity - West Town Rare opportunity to acquire a fully built-out, second- generation restaurant and bar space in the heart of Chicago's vibrant West Town neighborhood. The property features an active license set, including a Tavern License, Retail Food License, and Outdoor Patio License, allowing for immediate operation. The space offers occupancy across two floors, with a large ground-floor bar, an additional second-floor bar, and flexible layouts ideal for private parties, pop-ups, or small events. An outdoor patio provides added seating and strong seasonal revenue potential. With its versatile configuration, strong infrastructure, and long-term, reasonably priced lease, this turnkey opportunity is well-suited for a variety of concepts including full-service dining, cocktail bar, event-driven venue, or hybrid hospitality use.
Full Property Details
Full Property Details for 2109 W Chicago Ave
General
- Price: $125,000
- Taxes: $30,446 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12547438
- Updated: 1/20/2026
- Added to Site: 36 day(s) ago
Business
- Name: Dicey's
- Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant
- Years in Business: 4 to 6 Yea
- Seating Capacity: 100 or More, Outdoor
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Heavy Floor Load, Public Restroom(s), Storage Inside
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: The subject business is located on the South side of Chicago Avenue between Damen and Leavitt.
- 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
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 4,300
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50*125
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $999
- Tax Amount: $30,446
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger
Disclosures and Reports
- Ownership: Corporation
- Property ID: 17071020180000
Listed by Sperry Van Ness
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Schools
Schools serving 2109 W Chicago Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mitchell Elementary School, Chicago, IL 2233 West Ohio Street, Chicago, IL 60612 | PK-8 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2109 W Chicago Ave
Date
Details
Price
Change
Source
1/14/2026
Listed
$125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2109 W Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$45,535
-9%
$206,599
-11%
2022
$49,818
2%
$232,621
—
2021
$48,692
38%
$232,621
54%
2020
$35,379
11%
$151,450
—
2019
$31,899
2%
$151,450
—
2018
$31,415
5%
$151,450
14%
2017
$30,021
7%
$132,338
—
2016
$27,949
9%
$132,338
—
2015
$25,758
-1%
$132,338
1%
2014
$25,998
6%
$131,559
4%
2013
$24,589
3%
$126,498
—
2012
$23,892
—
$126,498
—
Disclaimer: Historical tax 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 2109 W Chicago Ave
2109 W Chicago Avenue, Chicago, IL 60622 (MLS# 12547438) is a Business property. 2109 W Chicago Avenue is currently listed for $125,000 and was received on January 14, 2026. Want to learn more about 2109 W Chicago Avenue? Do you have questions about finding other Business real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

