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$525,000

  • For Sale
  • Active
  • Business
  • 2,250 Sq. Ft.
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Freestanding, one-story storefront on high-traffic Peterson Ave in West Ridge. Fully built-out restaurant with full kitchen. Includes real estate and restaurant equipment. Former business is not operational. Equipment includes: 12' hood, walk-in cooler & freezer, multiple refrigerators/freezers, dishwasher, refrigerated prep station, 4 new double-deck convection ovens w/ steam injection, 3 new double basket floor fryers, 2 new 40qt floor mixers, 8-burner range w/ oven, new 75-gal hot water tank (2022), water filtration system, and new security shutters. Tables, chairs & misc. equipment included. Prime location in busy commercial corridor-perfect opportunity for restaurateurs or investors.

Full Property Details for 2649 W Peterson Ave

General

  • Price: $525,000
  • Taxes: $9,594 (2023)
  • Status: Active
  • Type: Business
  • Source: MRED
  • MLS ID: 12332856
  • Updated: 9/24/2025
  • Added to Site: 277 day(s) ago

Business

  • Business Type: Bar/Tavern/Lounge, Food & Beverage, Restaurant, Retai

Location

  • Area: CHI - West Ridge
  • County: Cook
  • Driving Directions: Peterson West or East to property at 2651 W. Peterson

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Roof: Membrane
  • Stories/Levels: 1
  • Square Feet: 2,250
  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Sq. Ft.): 3,125
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125
  • Frontage: City Street

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $9,594.34
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 13014020030000

Listed by @properties Christie's International Real Estate

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— 2649 W Peterson Ave —

  • @properties Christie's International Real Estate

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2649 W Peterson Ave

School District:Chicago Public School District 299
NameGradesDistance
Jamieson Elementary School
5650 North Mozart Street, Chicago, IL 60659
K-80.5 mi
Mather High School
5835 North Lincoln Avenue, Chicago, IL 60659
9-120.3 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 2649 W Peterson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/16/2025
Listed
$525,000
72.13%
MLS
3/01/2022
Sold
$305,000
—
Public Record
Get Price Alerts and Save Property
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 for 2649 W Peterson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,594
3%
$45,473
—
2022
$9,353
2%
$45,473
—
2021
$9,144
-25%
$45,473
-17%
2020
$12,183
11%
$54,689
—
2019
$10,988
2%
$54,689
—
2018
$10,803
14%
$54,689
24%
2017
$9,478
7%
$44,029
—
2016
$8,818
-11%
$44,029
-18%
2015
$9,881
-1%
$53,921
—
2014
$10,004
2%
$53,921
—
2013
$9,807
1%
$53,921
—
2012
$9,676
—
$53,921
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by @properties Christie's International Real Estate

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2649 W Peterson Avenue, Chicago, IL 60659 (MLS# 12332856) is a Business property. 2649 W Peterson Avenue is currently listed for $525,000 and was received on April 16, 2025. Want to learn more about 2649 W Peterson Avenue? Do you have questions about finding other Business real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.

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