Address
2548 W 59th Street, Chicago, IL
Price
$ 599,999
Property Attributes
  • MLS#12711584
  • TypeCommercial
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Gage Park
  • NeighborhoodGarage Park
  • Zip60629
  • Style
  • Year Built1924
  • Taxes$ 20750
  • Price$ 599,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4900
  • Lot Size0.14348 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Turnkey commercial opportunity! This updated restaurant-ready building offers a spacious dining area with seating for approximately 200 guests, a full bar, and a large commercial kitchen with equipment included. Tables and chairs are also included, making this an excellent opportunity for an owner-user or investor. The property features two large restrooms with three stalls each, plus two ADA-compliant restrooms for added convenience. Recent improvements include updated electrical, plumbing, HVAC, flooring, windows, interior paint, and a speaker system throughout the building. The roof is approximately 10 years old. Well maintained and move-in ready, this versatile property is ideal for a restaurant, banquet hall, catering business, event venue, or other commercial use (subject to local zoning). Don't miss this exceptional investment opportunity-schedule your private showing today!

Price History
7/21/2026 Listed $599,999

General Features

Cooling Central Air
Possession Closing,Immediate
Roof Rubber
Zoning COMMR
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers,Service - 101 to 200 Amps
Stories Count 1
Township South Chicago
Property Subtype Restaurant
Tax Year 2025
Assoc Fee Paid Per Not Applicable
County Cook
Property Type Commercial Sale
Status Active
Directions Go West on 59th street to property,2 blocks west of Western Ave.
City Chicago
Number Of Units Total 1
MLS Area CHI - Gage Park
Lot Size Square Feet 6250
Tax Annual Amount 20750
Additional Parcels Y/N No
Leasable Area 4900
Lease Type N/A
Standard Status Active
Property Type Retail/Stores

Interior Features

Flooring Vinyl

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 4900
Lot Dimensions 50X125
Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60629

Price
AVG $270K
$600K
Taxes
AVG $10,116
$20,750
Year Built
AVG 1941
1924
Visits
AVG 334
119
Data Provided by Inside Real Estate®

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