Lincoln Park Second Generation Restaurant For Lease
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Triple net: on top of base rent, the tenant pays property taxes, building insurance, and common area maintenance. The all-in estimate includes these at the broker’s estimate.
- Full Liquor License
Listing Agent

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About this Property
Property Description
Fully improved restaurant opportunity available at 1450 West Webster Avenue in the heart of Chicago’s thriving Lincoln Park trade area. The turnkey ground-floor space features an existing restaurant buildout including a small bar, full commercial kitchen, and a fully improved basement equipped for storage, refrigeration, prep, and dishwashing operations. The property offers ±39' of prime frontage along West Webster Avenue with the ability to incorporate a substantial outdoor dining component, creating exceptional street presence and customer visibility. The location benefits from strong surrounding demand drivers including Webster Place, the new Advocate Outpatient Center, and nearby DePaul University, while offering convenient access from across the city via nearby major thoroughfares and public transportation.
Location Description
Located in the heart of Lincoln Park, West Webster Avenue offers a premier restaurant opportunity surrounded by affluent demographics, dense residential population, and strong consumer demand. Positioned just west of the Webster & Clybourn intersection, the corridor benefits from a vibrant mix of national retailers, boutique fitness concepts, entertainment venues, and popular local dining destinations that drive consistent daytime and evening traffic.
Highlights
- Fully improved restaurant opportunity at 1450 W Webster Avenue in Chicago’s premier Lincoln Park trade area
- Existing buildout includes a small bar, full commercial kitchen, and turnkey restaurant infrastructure
- Fully improved basement with dedicated storage, refrigeration, prep, and dishwashing areas
- ±39' of frontage along West Webster Avenue providing excellent visibility and branding opportunity
- Ability to add a significant outdoor dining component
- Strong surrounding demand drivers including Webster Place and the new Advocate Outpatient Center
- Proximity to DePaul University and dense surrounding residential neighborhoods
- Easily accessible from across the city via major thoroughfares and public transportation
- Located within an established retail and dining corridor with strong daytime and evening traffic
- Ideal opportunity for restaurant, café, or hospitality concepts seeking a turnkey urban location
Licenses & Permits
- Full Liquor License
Buildout & Condition
- Condition: Second Generation (Good Condition)
Documents
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