Office Address:
1620 S. Michigan Ave
Chicago, IL. 60616

Phone: (312) 515.2121
Fax: 866.202.4847

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redpepperinvestments.com
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CHICAGO INVESTMENT PROPERTY
AREA
LOCATION
SIZE
PRICE
DESCRIPTION
Lakeview
Confidential
6,250 S.F.
Building
6,125 S.F. Lot
Business w/ Real Estate Sale:
$2,700,000
Business Only Sale:
$695,000$179,900
Lease $5,000 / month NET
Two-story restaurant available in busy River North location. Recently
renovated with hardwood floors and exposed brick walls. Full basement.
Carry out and dine in business. Second floor can be used for overflow dining
or private events. Retail food and sidewalk café licenses. Lots of potential.
Lakeview
Confidential
3,300 S.F.
Sale: $699,000
Lease: $5,370 Gross
Wrigley area corner bar and grill with patio, full kitchen and basement.
Tobacco, retail food, incidental liquor, patio, catering and PPA licenses.
High gross sales and clean liquor license. Undervalued lease terms for seven
years.  Large bar and restaurant with outdoor seating. Has tavern, PPA,
tobacco,retail food and sidewalk licenses. Occupancy of 184 inside and 60
outside. Zoning: C1-2.
Lincoln Park
Confidential
1,600 SQ FT
Sale: $299,000
Lease: $4,250/mo.
Modified Gross
Recently remodeled bar and grill located in the heart of Chicago’s beautiful
and bustling Lincoln Park neighborhood. Take advantage of this great
location and benefit from heavy pedestrian and vehicle traffic. Incidental
liquor and retail food licenses. Turnkey operation. Perfect for the first time
operator.Established full service bakery with plentiful café seating. Large
sidewalk patio. Lots of foot traffic. Good mix of retail, wholesale and wedding
business. Gross sales have doubled each of the past three years. Below
market rent. Full basement.
Loop
Dagwood’s
Sandwich Factory
162 N. Franklin
2,300 SQ FT
Sale: $199,000
Lease: $3,833.50/mo. Net
Closed restaurant, fully equipped sandwich and catering facility located in
Chicago’s busy downtown Loop area. Strong lunch location and possibility to
expand catering sales. Restaurant seats about 80. Sale includes FF&E.
Business has food license. Zoned DC-16. Below market lease.
North Side
Confidential
9,300 SQ FT
Sale: $899,000
Lease: $12,400/mo.
Beautiful theatre and performing arts venue on the north side of Chicago.
Corporately held tavern and PPA licenses provide tremendous potential for
nightclub, private and corporate events or performances. Also has retail food
and tobacco licenses.
Northwest Side
Confidential
5,900 S.F. +
1,300 S.F.
Storage
Sale: $805,000
Lease: $9,906.13 Net
Established full service restaurant located in a strong growth area on the
northwest side of Chicago. Plenty of seating and lots of storage. Free parking
in lot. Business only.
River North
Confidential
3,000 SQ FT
Sale: $179,900
Lease: $5,000/mo. Net
Two-story restaurant available in busy River North location. Recently
renovated with hardwood floors and exposed brick walls. Full basement.
Carry out and dine in business. Second floor can be used for overflow dining
or private events. Retail food and sidewalk café licenses. Lots of potential.
River West
Confidential
6,600 SQ FT
Sale: $575,000
Lease: $12,000
Large bar and restaurant with outdoor seating. Has tavern, PPA, tobacco,
retail food and sidewalk licenses. Occupancy of 184 inside and 60 outside.
Zoning: C1-2.
Wicker Park
Confidential
2,800 SQ FT
Sale: $250,000
Lease: $3,000/mo. Gross
Established full service bakery with plentiful café seating. Large sidewalk
patio. Lots of foot traffic. Good mix of retail, wholesale and wedding business.
Gross sales have doubled each of the past three years. Below market rent.
Full basement.
Wrigleyville
Confidential
3,438 SQ FT
Sale: $450,000
Lease: $4,710/mo. Net
Full service bar and grill located in Wrigleyville. Take advantage of this great
opportunity to join other successful Wrigley area businesses. Brand new
build-out. Spacious bar and lounge. Corporation has incidental liquor and
retail food licenses. Expand the current operation or bring your own concept.
South Loop
1454 Michigan
Ave
900 - 2600 SQ FT
$249K -$299K 2nd Floor
$386 / SQ FT 1st Floor
This new construction high rise will be 31 stories high with floor to ceiling
glass windows. Homes will feature gourmet kitchens, hardwood floors and
more. The building amenities will include Fitness center with yoga and
Pilates classes, sundeck and a gorgeous media room that can seat 25 for
movies.
Chicago Retail / Office / Restaurant Space for Lease
AREA
LOCATION
SIZE
PRICE
DESCRIPTION
Avondale
3420 N. Elston
Ave.
2,548 SQ FT
Lease: $23 P.S.F. Net
Or
Sale: $548,000
New construction retail space. Located on the ground floor of a 4-story, 18-
unit condominium building. Dramatic street visibility and frontage. Heavy
traffic and plenty of street parking. Near the intersection of Roscoe and
Elston. Zoning: B3-3. Nearby businesses: La Finca Mexican Restaurant,
Jewel Osco, Blockbuster Video, Chase Bank and White Castle.
Logan Square
2531-2539 N.
Milwaukee Ave.
1,200-4,900 S.F.
Lease: $21 P.S.F. Net
Retail/Restaurant space available for lease in the developing Logan Square
community. Located on Milwaukee Avenue between Fullerton and Logan
Boulevard. Recently renovated by previous tenant, China Buffet. Large
kitchen and new utilities. Can be used for office, banquet space, catering
company or restaurant. Size of 2531 N. Milwaukee: 3,700 square feet. Size
of 2539 N. Milwaukee: 1,200 square feet. Spaces may be combined. Nearby:
Dunlay’s, Logan Square Auditorium and Mega Mall.
Uptown
1063 W. Lawrence
30,000 S.F.
Divisible
On Multiple
Levels
Lease: $20-$30 P.S.F. NNN
New construction, retail space in the heart of Chicago’s Uptown. Structure will
include parking for 300-500 to be built. Site is close to many new residential
developments and the New Theatre District. Located at the cross streets of
Lawrence and Winthrop. Nearby: Borders, Aragon Ballroom, Green Mill,
Chase Bank, Starbucks, Riviera Theatre and Kaleidoscope Lounge. Close to
CTA stop and Lake Shore Drive. Possible uses: boutique grocer, restaurant
or retail store.
West Loop
769 W. Jackson
Blvd.
3,000-6,000 S.F.
Lease: $35 P.S.F. Net
Ground floor commercial retail space available in fully restored vintage
condominium building. Located in the heart of Greek Town. Features
exposed brick, 16-foot ceilings, original timber, private bathrooms and
hardwood floors. Dramatic street visibility with heavy vehicle and pedestrian
traffic. Outdoor space and black iron available for restaurant. Adjacent to the
New Hellenic Museum and close to the University of Illinois at Chicago (UIC)
campus. Nearby businesses: Crowne Plaza Hotel, Parthenon, Nine Muses
and Spectrum Bar and Grill. Nearest cross streets are Jackson and Halsted.
Zoning: DX-8. January 2007 occupancy.
West Loop
1111 W. Lake St.
6,000 S.F.
Building
5,000 S.F. Lot
Lease: $19 P.S.F. Net
Ideal space for gallery, photo studio, office, retail, restaurant, private club or
banquet space. Formerly operated as Estate Nightclub. Eligible for liquor
license application in September 2006.
West Town
1756-1758 W.
Grand Ave.
3,954 S.F.
**NEW**
Lease: $20 P.S.F. NNN
Restaurant for lease at the corner of Grand Avenue and Wood Street. Seats
150. Small parking lot in rear. Zoning: M1-2. Nearby businesses include:
Player’s Bar and The United Center.
Wicker Park
1345 N. Ashland
Ave.
1,005 S.F.
Lease: $1,700/mo. Gross
Two-story restaurant available in busy River North location. Recently
renovated with hardwood floors and exposed brick walls. Full basement.
Carry out and dine in business. Second floor can be used for overflow dining
or private events. Retail food and sidewalk café licenses. Lots of potential.
River West
Confidential
6,600 SQ FT
Sale: $575,000
Lease: $12,000
New construction retail space. Located on the ground floor of a new three
story condominium building. Great traffic. Close to the intersection of
Ashland and Milwaukee Ave. Zoning: B3-3.
 
 
 
 
 
Suburban Investment Property
AREA
LOCATION
SIZE
PRICE
DESCRIPTION
Far West Suburb
Confidential
30,704 S.F. on
three floors
15,222 S.F. Lot
Sale: $2,950,000
Historic three-story hotel on charming small town corner. Has 39 rooms,
banquet and restaurant facilities. Banquet and restaurant seats 500. Banquet
and restaurant business may be purchased separately. Near major university.
Property is located in rapidly growing western corridor.
Far West Suburbs
Confidential
20,000 S.F.
Business Sale: $100,000
Real Estate Sale:
$1,600,000
Hotel business with real estate. Historic three-story inn on charming town
corner. Has 39 rooms. Located near a large state university, major industry
and in one of the fastest growing counties in the state. Sale does not include
the restaurant/banquet hall business and real estate that is located on the
premises. Banquet and restaurant business is being sold separately.
Highwood
555 Bank Ln.
Approx. 2,000
S.F. Building
13,000 S.F. Lot
Sale: $875,000
Downtown Highwood site available for redevelopment. Large prime lot in
excellent developing area. Near the Metra station. Build new retail, mixeduse
or commercial building with a drive thru. Nearby retailers: Gabriels,
Victoria Banquets, Froggy’s, Bacio and Miramar.
Highwood
Confidential
Approximately
21,222 S.F. Lot
Lease: $35 P.S.F. Net
Great redevelopment site available. Located in the center of busy downtown
Highwood. Currently fully leased. All short term leases. Zoned 321
commercial.
Western Suburbs
Confidential
Approximately
20,000 S.F.
Building
Approximately
83,515 S.F. Lot
Sale: $3,800,000
Fully leased mixed-use commercial investment property. Strip mall with retail
stores and residential units. Located on a heavily trafficked street in the west
suburbs. Restaurant business also available for sale at this site.
Highwood
Confidential
2,400 S.F.
Sale: $100,000
Casual dining restaurant located in downtown Highwood. All FF&E included.
Built-out basement. Excellent lease terms available. Has restaurant and
liquor licenses. Wonderful opportunity to operate this business or re-concept.
Lots of nightlife on busy strip.
Naperville
1345 N. Ashland
Ave.
2,764 S.F.
Sale: $175,000
Lease: $5,164/mo. Net
Naperville restaurant with bar. Located in great income area. Very good
lunch business. New A/C and heat. Full liquor license. Includes FF&E.
North Shore
Confidential
1,700 SQ FT
Sale: $239,000
Lease: $3,999/mo. Net
Café style restaurant available in north suburb. Space could be used for
expanding catering business, carry-out style restaurant or restaurant serving
breakfast, lunch and dinner. Partial basement.
South Suburbs
Confidential
2,990 S.F.
Building
24,850 S.F. Lot
Sale: $1,200,000
Pizza dine in and carry out business with real estate. Established 30 years.
Very consistent sales! Single-story brick and frame building with 140 seats
and parking for 75. Full liquor license. Located on the corner of a busy
intersection in one of Chicago’s southern suburbs. Taxes: $25,242/yr.
Gelnview
1807 Glenview Rd.
Suite #100
5,000 S.F.
Divisible
Lease: $24 P.S.F. Gross
First floor office/retail space available in two-story brick building on busy
street. Lots of parking on surface lot. Gas forced air and 200 amp electric.
Lots of visibility with large storefront windows. Nearby: Metra train station,
Glenview House and Bess Hardware.
Western Suburbs
Confidential
Approx. 10,000
S.F.
Sale: $375,000
Lease: $8,000/mo. NNN
Full service restaurant with bar and private party room. Specializes in pizza.
Located in a rapidly growing suburb. Retail food and liquor licenses. Includes
inventory. Real estate available.
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