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Property Description
Turnkey Restaurant Opportunity in high traffic retail district in Chicago's historic Old Town Located in the heart of Chicago's vibrant Old Town neighborhood, steps from Piper's Alley. This 3,500 sq. ft. space offers exceptional visibility and heavy foot traffic daily. The space features expansive patio seating, perfect for outdoor dining, and unique architectural details including a classic tin ceiling, hardwood floors, and stunning skylights that flood the interior with natural light. The property includes a full kitchen and is ready for immediate operation-ideal for restaurateurs seeking a turnkey opportunity in one of Chicago's most bustling commercial districts. With its prime location off St., generous layout, and distinctive character, this venue is perfectly suited for a thriving dining concept.
Full Property Details
Full Property Details for 215 W North Ave
General
- Price: $38
- Taxes: $43,128 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12520653
- Updated: 12/22/2025
- Added to Site: 32 day(s) ago
Interior
- Flooring: Varies, Wood
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Near North Side
- County: Cook
- Township: North Chicago
- Driving Directions: 1600 North and 200 West
- Location Details: Public Transport Avail, Freestanding/Urban, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Trash: 4800
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Wood, Other, Split-Face Block, Vinyl Siding
- Exterior Const.: Wood, Other, Split-face Block, Vinyl Siding
- Roof: Membrane, Reflective Coating
- Ceiling Height: 12
- Sub-Flooring: Varies, Wood
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1928
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 3,500
- Lot Dimensions: 70 x 50
- Frontage: City Street
- Drainage: Floor Drains
- Zoning: RTAIL
Financial Considerations
- Lease Price: $38
- For Sale/Rent/Lease: For Rent Only
- Insurance Fee: $8,500
- Operating Expenses: $80,164
- Security Deposit: Other
- Assessment Year: 1928
- Tax Amount: $43,128.27
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Repairs, Roof, Scavenger, Structure, Tax Stops, Sewer, All Utilities, Trash Collection
- Pays Electric: 12000
- Pays Trash: 4800
Listed by Westward Properties LLc
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Schools
Schools serving 215 W North Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Manierre Elementary School 1420 North Hudson Avenue, Chicago, IL 60610 | PK-8 | 0.3 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 0.8 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 215 W North Ave
Date
Details
Price
Change
Source
12/16/2025
Listed
$38
—
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 215 W North Ave
215 W North Avenue, Chicago, IL 60610 (MLS# 12520653) is a Commercial Lease property. 215 W North Avenue is currently listed for $38 and was received on December 16, 2025. Want to learn more about 215 W North Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Near North Side? You can browse all Near North Side real estate or contact a Coldwell Banker agent to request more information.

