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Property Description
A 40-year in-business established restaurant located in one of the most desirable northside areas with 40K auto traffic and very foot traffic surrounded by affluent residents. Currently, this property was established as a fully operational turnkey restaurant, offering a great opportunity to open a new restaurant with organic ideas. This property is a candidate for an easy transformation to a food/restaurant establishment without spending a lot of money. Bring your innovative ideas to making this place with a Frugal budget. layout makes it easily convertible for nearly any retail or storefront business. The space boasts two spacious dining rooms, ideal for creating inviting atmospheres for patrons. Additionally, there are two bathrooms, ensuring convenience for guests and staff alike. The kitchen is fully equipped with commercial-grade appliances, allowing for immediate use or reconfiguration to suit different culinary needs. Ample storage space, including a walk-in cooler. This location offers excellent visibility and accessibility. This prime exposure not only attracts diners but can also draw in a diverse range of customers, making it a fantastic opportunity for any retail or storefront business looking to thrive in a bustling environment.
Full Property Details
Full Property Details for 2717 W Peterson Ave
General
- Price: $21
- Taxes: $13,600 (2025)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12711299
- Updated: 7/27/2026
- Added to Site: 47 day(s) ago
Rental Information
- Lease/Rent Term: 24 Months
Interior
- Interior Features: Public Restroom(s), Storage Inside, Basement
- Flooring: Carpet, Tile
Location
- Area: CHI - West Ridge
- County: Cook
- Township: Jefferson
- Driving Directions: Western Ave to Peterson, West to 2717, or California Ave to Peterson, East to 2717
- Location Details: Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 10
- Sub-Flooring: Carpet, Tile
- Stories/Levels: 1
- Year Built: 1930
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Frontage: City Street, Public Road, Paved
- Drainage: Floor Drains
- Zoning: RTAIL
Financial Considerations
- Lease Price: $20
- For Sale/Rent/Lease: For Rent Only
- Assoc Fee Freq.: Annually
- Assessment Year: 1930
- Tax Amount: $13,600
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Repairs, Scavenger, Sewer, Trash Collection
Listed by Equity Market Realty Inc.
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Schools
Schools serving 2717 W Peterson Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jamieson Elementary School 5650 North Mozart Street, Chicago, IL 60659 | K-8 | 0.5 mi |
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659 | 9-12 | 0.2 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 2717 W Peterson Ave
Date
Details
Price
Change
Source
7/21/2026
Listed
$21
—
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 2717 W Peterson Ave
2717 W Peterson Avenue, Chicago, IL 60659 (MLS# 12711299) is a Commercial Lease property. 2717 W Peterson Avenue is currently listed for $21 and was received on July 21, 2026. Want to learn more about 2717 W Peterson Avenue? Do you have questions about finding other Commercial Lease 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.

