Restaurants for Lease in Logan Square
Browse current restaurant spaces for lease in Logan Square.
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Listings in Logan Square
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Restaurants for Lease in Logan Square
Restaurant spaces, subleases, and second-generation lease opportunities nearby.
- Turnkey
- 3-Comp Sink
- Bar Area
- Turnkey
- Grease Trap
- 3-Comp Sink
- Hood: Type 2
- Turnkey
- Grease Trap
- 3-Comp Sink
- Hood: Type 1
- Turnkey
- Grease Trap
- 3-Comp Sink
- Hood: Type 1
- Bar Area
- Turnkey
- Grease Trap
- 3-Comp Sink
- Hood: Type 1
Market Context
Understanding the Logan Square Market
Logan Square has emerged over the last 15 years as Chicago's most influential chef driven emerging neighborhood. The combination of historic boulevard system architecture, accessible lease rates relative to West Loop and Wicker Park, and a sophisticated young residential customer base has drawn multiple James Beard nominated concepts and made Logan Square a must visit dining destination on broader Chicago itineraries.
Lease rates remain meaningfully more accessible than West Loop, Lincoln Park, or Wicker Park. Milwaukee Avenue and California Avenue reach $42 to $58 per square foot annually. Most of the rest of the neighborhood sits at $35 to $50. Asset sales start from $60,000 and full business sales from $160,000, accessible relative to the food culture available.
Logan Square restaurant economics reward chef driven concepts with strong design, social media presence, and consistent food media coverage. The customer base is younger and more trend driven than Lincoln Park but more sophisticated and food media engaged than the more residential outer Chicago neighborhoods. Trend cycles move at intermediate speed between Lincoln Park stability and Wicker Park rapid turnover.
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Nearby Markets
Logan Square's restaurant submarkets each carry distinct customer bases, lease economics, and concept fit. Choosing the right one matters as much as the concept itself.
- Milwaukee Avenue and California Avenue: Milwaukee Avenue and California Avenue anchor the Logan Square chef driven independent scene. Lease rates run $42 to $58 per square foot. Strong evening and weekend traffic from the broader Chicago dining audience drawn to the neighborhood's growing food media reputation.
- Logan Boulevard and Kedzie Boulevard: The Logan Boulevard and Kedzie Boulevard stretches anchor the most walkable affluent corridors of the neighborhood. Lease rates run $40 to $54 per square foot. Customer base is heavily local with strong year round repeat demand.
- Avondale and Hermosa: Avondale and Hermosa adjacent to Logan Square offer the most accessible lease rates in the broader area at $35 to $46 per square foot. Strong opportunity for first time operators or value driven concepts.
- California and Western Avenues South: The California and Western Avenue corridors south of the boulevard system support the neighborhood's bar and late night dining economy. Lease rates run $36 to $50 per square foot. Strong evening dayparts.
Types of Restaurant Spaces for Lease in Logan Square
Pepperlot covers every restaurant lease format across Logan Square, from chef driven second generation spaces to ghost kitchen suites and new construction.
- Second Generation Space: Previously operated as a restaurant with hood, grease trap, plumbing, and venting in place. Saves $150,000 to $500,000 in build out costs (more in Chicago) and is the fastest path to opening anywhere in Illinois.
- Turnkey Restaurant: Fully equipped and ready to operate, often with the previous concept's furniture, fixtures, and equipment included in the lease. Ideal for operators wanting to open within 30 to 60 days.
- Ghost Kitchen Suite: Delivery only commercial kitchen suites with shared infrastructure. Lower entry cost than full restaurant leases and ideal for cloud kitchen brands and delivery first concepts.
For Owners & Brokers
Why Use Pepperlot to Find Restaurants for Lease in Logan Square
Built exclusively for restaurant real estate.
Restaurant Only Listings
Every listing on Pepperlot is a restaurant or F&B space. No warehouses, offices, or unrelated commercial properties diluting your Logan Square search.
Restaurant Specific Listing Fields
Hood systems, grease traps, walk-in coolers, liquor licenses, certificates of occupancy, seating capacity, patio availability. The details that drive restaurant decisions are in every listing.
Illinois Market Intelligence
Cuisine gap analysis, demographic data, and competitive landscape information for Logan Square. Make a more informed decision before committing capital or signing a lease.
Confidential Listings
Some of the best Logan Square restaurant opportunities are listed confidentially. Pepperlot gives you access to off market opportunities not available on general platforms.
Platform
How to Lease a Restaurant Space in Logan Square
A step-by-step approach to acquiring your next location.
Browse Active Spaces
Filter Logan Square restaurant spaces by submarket, size, lease rate, and specific features like hood systems, grease traps, outdoor seating, and existing liquor license eligibility. Every listing includes the operational details that matter for restaurant tenants.
Identify Second Generation Opportunities
Second generation restaurant spaces save $150,000 to $500,000 in build out costs. Confirm the existing hood type, grease trap capacity, plumbing condition, and electrical capacity match your concept's requirements before committing.
Contact the Landlord or Broker
Each listing displays the contact details for the landlord or listing broker. Reach out directly. Ask for the lease term, base rent, CAM charges, NNN structure, tenant improvement allowance, and any operational restrictions. Logan Square landlords vary significantly in flexibility.
Negotiate Lease Terms
Logan Square restaurant lease rates range from $35 to $58 per square foot annually. Negotiate beyond just the base rent. Personal guarantee structure, free rent periods, tenant improvement allowance, and renewal options often have more economic impact than base rent reductions.
About Pepperlot
Our Vision
Pepperlot exists to modernize how restaurants are bought and sold. By focusing exclusively on restaurants for sale, the platform eliminates noise from unrelated business listings and creates a marketplace built around real operational needs.
The goal is simple: better data, better matches, and better outcomes for restaurant buyers and sellers.
Our Team
Who We Are
Pepperlot is a restaurant-only real estate and transaction platform built for operators, brokers, and landlords. The team combines marketplace technology with deep category focus to support acquisitions ranging from small restaurants for sale to multi-location portfolios.
Every feature, listing, and filter is designed to serve one purpose: making restaurant transactions clearer, faster, and more informed.
Frequently Asked Questions
What are restaurant lease rates in Logan Square?
Logan Square restaurant lease rates run roughly $35 to $58 per square foot annually, depending on submarket. Prime locations command the higher end of the range. NNN structures with CAM charges typically add $8 to $18 per square foot annually.
What submarkets in Logan Square have the most restaurant spaces for lease?
On Pepperlot, the most active Logan Square submarkets for lease listings are Milwaukee Avenue and California Avenue, Logan Boulevard and Kedzie Boulevard, Avondale and Hermosa. Each carries different lease rates, customer bases, and concept fit. Choose the submarket where your concept aligns with the existing or growing customer mix.
What is a second generation restaurant space in Logan Square?
A second generation space in Logan Square is one that previously operated as a restaurant and retains the hood system, grease trap, plumbing, and venting infrastructure. These spaces save tenants $150,000 to $500,000 in build out costs and are the fastest path to opening, particularly in Logan Square's established submarkets.
Are CAM and triple net charges common in Logan Square restaurant leases?
Yes. Most Logan Square restaurant leases are NNN, meaning the tenant pays property taxes, insurance, and CAM on top of base rent. CAM charges in Logan Square shopping centers and mixed use developments typically add $8 to $18 per square foot annually. Always request the most recent CAM reconciliation.
Do I need a liquor license to lease a restaurant space in Logan Square?
If your concept will serve alcohol, yes. Illinois requires both a state license from the Illinois Liquor Control Commission and a municipal license from the city or village. Some Logan Square leases include the existing license in the assignment. Others require the tenant to apply separately, which can take 30 to 120 days depending on jurisdiction. Confirm with the landlord and licensing authority before signing.
Can I list a Logan Square restaurant space for lease on Pepperlot?
Yes. Listing on Pepperlot is free. Create a Logan Square-specific listing with the hood system type, grease trap status, square footage, lease rate, and CAM charges. Confidential options are available for landlords replacing struggling tenants without alerting current staff.