[Address not provided], Chicago, IL 60608 - Photo 1

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$75,000

For Sale
Active
Business
5,000 Sq. Ft.
Updated 4 days ago

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Property Description

This is an operating location, please do not approach staff or customers regarding this opportunity. Located on a high-visibility corner, the space comprises approximately 2,000 square feet plus a basement equipped with a walk-in cooler and ample storage. The premises are fully built out for a quick-service concept and feature a complete commercial kitchen, food prep areas, and storage facilities-ideal for turnkey operation or easy conversion to a wide range of food service concepts. This is a rare opportunity to take over a well-outfitted food service location in a prime area with favorable lease terms.

Full Property Details

Full Property Details for MLS# 12492275

General

Price: $75,000
Taxes: $999 (2023)
Status: Active
Type: Business
Source: MRED
MLS ID: 12492275
Updated: 1/11/2026
Added to Site: 99 day(s) ago

Business

Business Type: Food & Beverage, Restaurant
Years in Business: 7 to 10 Ye
Seating Capacity: 31 to 40

Location

Area: CHI - Lower West Side
County: Cook
Driving Directions: The subject property is located at the Southeast corner of 21st Street and Paulina in Chicago's Pilsen neighborhood.

Heating & Cooling

Cooling Type: Central Air Conditioning, Exhaust Fan
Heating Type: Electric

Utilities

Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available

Structural Information

Construction: Brick
Exterior Const.: Brick
Stories/Levels: 3
Square Feet: 5,000
Current Bldg. Use: Commercial

Lot Features

Lot Size (Sq. Ft.): 3,125
Lot Dimensions: 25 x 125
Frontage: City Street
Zoning: COMMR

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Operating Expenses: $999
Tax Amount: $999
Tax Year: 2023
Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Insurance, Scavenger, Sewer

Disclosures and Reports

Ownership: Corporation
Property ID: 99999999900000

Listed by Sperry Van Ness

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— MLS# 12492275 —

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Schools

Schools serving MLS# 12492275

School District:Chicago Public School District 299

Name	Grades	Distance
Cooper Elementary Dual Language Academy 1624 West 19th Street, Chicago, IL 60608	PK-5	0.2 mi
Orozco Elementary Fine Arts & Sciences 1940 West 18th Street, Chicago, IL 60608	6-8	0.5 mi
Juarez Community Academy High School 1450 West Cermak Road, Chicago, IL 60608	9-12	0.2 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 MLS# 12492275 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/05/2026

Price Reduced

$75,000

-21.05%

MLS

10/09/2025

Listed

$95,000

—

MLS

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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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MLS# 12492275, Chicago, IL 60608 (MLS# 12492275) is a Business property. MLS# 12492275 is currently listed for $75,000 and was received on October 09, 2025. Want to learn more about MLS# 12492275? Do you have questions about finding other Business real estate for sale in Lower West Side? You can browse all Lower West Side real estate or contact a Coldwell Banker agent to request more information.

MLS# 12492275 Chicago, IL 60608