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Property Description
2nd generation restaurant on prime 6 way Corner location! This strategically located 4,000 sq. ft. property, includes a +/- 2,000 SF operational diner and a former +/- a 2,000 SF bar. This is a turnkey 2nd-generation restaurant space, complete with an open kitchen. All equipment is owned and transfers with the Lease. The restaurant seats 50+, with space for 10 at the counter, and is equipped with a 16-ft hood and an Ansul fire suppression system. The bar section has a classic 34 ft wood bar creating endless possibilities for a refreshed ambiance. The combined space has three (3) washrooms. This location offers so much versatility: reopen the bar, repurpose the space, or expand the restaurant to meet your needs. The parking lot accommodates 14-16 cars and there is a prominent pylon sign on the highly trafficked corner. C1-1 zoning allows for a variety of uses, and a 10-year lease is available for long-term security. IDOT traffic count is 29,300 vehicles that pass this corner every day. Don't miss this unparalleled opportunity to shape the future of this high-traffic location! This is ready to be rebranded to your unique vision. Immediate area business's include Jewel and Chase Bank (across the street), Chick-Fil-A, Home Depot, Floor and Decor, Target, Dunkin Donuts, Portillo's Hot Dog, Joong Boo Market, Honey Butter Fried Chicken and Parachute Restaurant, along with many others!
Full Property Details
Full Property Details for 3523 N Kedzie Ave
General
- Price: $40
- Taxes: $14,025 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12562627
- Updated: 3/8/2026
- Added to Site: 33 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Avondale
- County: Cook
- Driving Directions: Southeast corner of Kedzie, Elston and Addison
- Location Details: Corner, Mixed-Use Area, Public Transport Avail, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Water Available
Structural Information
- Construction: Brick, Wood
- Exterior Const.: Brick, Wood
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1970
Lot Features
- Lot Size (Sq. Ft.): 10,500
- Zoning: COMMR
Financial Considerations
- Lease Price: $40
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1970
- Tax Amount: $14,025
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Scavenger, Sewer, Other, All Utilities, Trash Collection
Disclosures and Reports
- Documents Avail.: Demographics, Tax Bill, Traffic Counts
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 3523 N Kedzie Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Linne Elementary School 3221 North Sacramento Avenue, Chicago, IL 60618 | K-8 | 0.4 mi |
Schurz High School 3601 North Milwaukee Avenue, Chicago, IL 60641 | 9-12 | 1.4 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 3523 N Kedzie Ave
Date
Details
Price
Change
Source
3/02/2026
Listed
$40
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 3523 N Kedzie Ave
3523 N Kedzie Avenue, Chicago, IL 60618 (MLS# 12562627) is a Commercial Lease property. 3523 N Kedzie Avenue is currently listed for $40 and was received on March 02, 2026. Want to learn more about 3523 N Kedzie Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.

