Turnkey Restaurant & Prime Chicago Property w/Mixed-Use Add
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Rare opportunity to acquire a fully operational restaurant along with the building at 4201 W Lawrence in the Albany Park neighborhood of Chicago. This 2,700 SF building sits on a 5,670 SF lot with approximately 13 parking spaces and is zoned B3-1, allowing commercial use on the first floor with the potential to add residential units above for rental income or resale.
The restaurant is thoughtfully designed to seat around 80 guests and has been well-maintained with updates including a repaired roof, modern interior remodel, new HVAC system, and recently replaced boiler. The versatile first-floor space is ideal for restaurant, retail, or office use, offering flexibility for a variety of business models.
This property presents a rare combination of an established, turnkey business, prime real estate, and long-term mixed-use development potential – perfect for restaurateurs, investors, or entrepreneurial buyers looking to step into a thriving Chicago operation.
The restaurant is thoughtfully designed to seat around 80 guests and has been well-maintained with updates including a repaired roof, modern interior remodel, new HVAC system, and recently replaced boiler. The versatile first-floor space is ideal for restaurant, retail, or office use, offering flexibility for a variety of business models.
This property presents a rare combination of an established, turnkey business, prime real estate, and long-term mixed-use development potential – perfect for restaurateurs, investors, or entrepreneurial buyers looking to step into a thriving Chicago operation.
About the Business
- Years in Operation
- 22
- Facilities & Assets
- Building Size: Approx. 2,700 SF
Lot Size: Approx. 5,670 SF
Parking: Approx. 13 spaces
Restaurant Seating: Main dining area ~50 seats; smaller area ~30 seats; total capacity ~80
Recent Updates & Improvements:
Roof fully repaired ~5 years ago
Interior remodel completed ~10 years ago
HVAC system replaced ~5 years ago
Boiler replaced ~1 year ago
Tuckpointing completed twice in the last 10 years
Equipment & Fixtures: Turnkey restaurant setup included, fully operational and ready for immediate business - Opportunities for Growth
- Re-tool for your own restaurant vision , or take over the existing Korean restaurant as owner-occupant
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- retiring
- Transition Support
- Owner will train
Listing Info
- ID
- 2457738
- Listing Views
- 13
Business Location
Listing ID: 2457738 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Food & Beverage Businesses for SaleIllinois Restaurants Businesses for Sale
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