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Property Description
Longstanding restaurant and bar available for the first time in 40 years. Large, updated kitchen with black iron in place. 2018 install of retractable glass roof on rear deck and 7-year-old roof on building. multiple rooms, DJ booth, 6 bathrooms, 2 bars with one in separate back room perfect for party rooms. Ability to execute multiple concepts and/or pick up window along main street. Dense popular area steps to Depaul campus and 1/4 mile to brown line L train. Endless possibilities at this location with a neighborhood starving for great restaurant and bar concepts. Situated on a block with Core power yoga, Kelly's pub, Foxtrot, Alice and Wonder and home slice Restaurant.
Full Property Details
Full Property Details for 948 W Webster Ave
General
- Price: $50
- Taxes: $36,500 (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12520209
- Updated: 11/24/2025
- Added to Site: 63 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Lincoln Park
- County: Cook
- Driving Directions: On Webster just East of Sheffield
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Year Built: 1950
Financial Considerations
- Lease Price: $50
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1950
- Tax Amount: $36,500
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer, Other
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Schools
Schools serving 948 W Webster Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mayer Elementary School 2250 North Clifton Avenue, Chicago, IL 60614 | PK-8 | 0.2 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 0.4 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 948 W Webster Ave
Date
Details
Price
Change
Source
11/17/2025
Listed
$50
—
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 948 W Webster Ave
948 W Webster Avenue, Chicago, IL 60614 (MLS# 12520209) is a Commercial Lease property. 948 W Webster Avenue is currently listed for $50 and was received on November 17, 2025. Want to learn more about 948 W Webster Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.

