FOR SALE: Prime Freestanding Restaurant Building - Avalon Park, Chicago Unlock a standout investment opportunity with this highly visible, fully built-out restaurant property in the heart of Avalon Park, just 15 miles south of downtown Chicago. Recently updated and situated on a busy corner, this freestanding building offers exceptional street exposure, strong foot traffic, and excellent accessibility-making it ideal for an owner-operator or investor seeking a high-demand commercial asset. Property Highlights: Turnkey restaurant setup - fully built out and ready for immediate operation Freestanding building - maximum visibility and branding potential Large lot (0.29 acres | approx. 126 x 98) Ample parking - dedicated lot for 20+ vehicles High-traffic corner location with strong neighborhood presence LED exterior pylon signage for enhanced visibility Fully fenced lot with iron fencing and exterior window shutters Spacious basement - ideal for storage or additional prep space Three restrooms Recently remodeled/updated This property offers excellent upside potential in a growing South Side corridor. Whether you're launching a new concept or expanding your portfolio, this location checks all the boxes for visibility, access, and functionality. Schedule your private showing today. ZONING IS B3-1 Community Shopping District: Retail/Stores: Large stores, retail storefronts, and shopping centers. Restaurants & Taverns: General and limited restaurants, including outdoor patios (subject to standards). Services: Personal services (salons, dry cleaning), financial services (banks), and business support. Office & Business: Offices, clinics, and medical centers. Residential: Apartments are permitted, but not on the ground floor.
Details
MLS #
12623311
Listing Type
For Sale
Style
Bus / Bus W/real Est
Sub-Type
Resale
Status
Active
Days On Site
151
Listing Provided By
Blue Door Dave Inc | David Thomas
Features
SQ Feet
2,788
Story(s)
1
Zoning
COMMR
Interior
Cooling
Central Air, Exhaust Fan
Exterior
Roof
Rubber
Construction Materials
Brick, Concrete, Block, Steel Siding
Utilities
Utilities
Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Electric
Separate Meters, Service - 201 to 600 Amps
Taxes
Tax Year
2023
Tax Annual Amount
20899
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60617
Area
CHI Avalon Park
Listing VS Median (in 60617)
Price: $375,000
low | high
Med: $205,000
95.333333333333% of Average
sqft: 2,788
low | high
Med: 1,700
89.024390243902% of Average
$ / sqft: $135
low | high
Med: $121
60.346666666666% of Average
On site: 151
low | high
Med: 111
100% of Average
Sourced by Back At You
Market Activity 60617
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 5
Avg $ Per SqFt: $180.23
Min Sale Price: $45,000
Max Sale Price: $430,000
Med Sale Price: $250,000
Date: Jul 2026
Sales: 18
Avg $ Per SqFt: $169.24
Min Sale Price: $63,555
Max Sale Price: $419,900
Med Sale Price: $226,500
Date: Jun 2026
Sales: 29
Avg $ Per SqFt: $159.82
Min Sale Price: $58,000
Max Sale Price: $430,000
Med Sale Price: $259,900
Date: May 2026
Sales: 30
Avg $ Per SqFt: $138.89
Min Sale Price: $17,500
Max Sale Price: $400,000
Med Sale Price: $220,000
Date: Apr 2026
Sales: 54
Avg $ Per SqFt: $151.55
Min Sale Price: $20,000
Max Sale Price: $545,000
Med Sale Price: $212,500
Date: Mar 2026
Sales: 46
Avg $ Per SqFt: $149.85
Min Sale Price: $90,000
Max Sale Price: $1,800,000
Med Sale Price: $215,000
Date: Feb 2026
Sales: 45
Avg $ Per SqFt: $132.12
Min Sale Price: $25,000
Max Sale Price: $585,000
Med Sale Price: $185,000
Date: Jan 2026
Sales: 44
Avg $ Per SqFt: $143.17
Min Sale Price: $11,500
Max Sale Price: $405,000
Med Sale Price: $179,500
Date: Dec 2025
Sales: 39
Avg $ Per SqFt: $137.89
Min Sale Price: $27,000
Max Sale Price: $485,000
Med Sale Price: $193,000
Date: Nov 2025
Sales: 51
Avg $ Per SqFt: $133.86
Min Sale Price: $25,000
Max Sale Price: $485,000
Med Sale Price: $166,000
Date: Oct 2025
Sales: 57
Avg $ Per SqFt: $142.68
Min Sale Price: $33,500
Max Sale Price: $400,000
Med Sale Price: $202,000
Date: Sep 2025
Sales: 50
Avg $ Per SqFt: $136.13
Min Sale Price: $9,500
Max Sale Price: $539,900
Med Sale Price: $213,500
Sourced by Back At You
Aug 2026
Sales:
5
Avg $ Per SqFt:
$180.23
Min Sale Price:
$45,000
Max Sale Price:
$430,000
Med Sale Price:
$250,000
Jul 2026
Sales:
18
Avg $ Per SqFt:
$169.24
Min Sale Price:
$63,555
Max Sale Price:
$419,900
Med Sale Price:
$226,500
Jun 2026
Sales:
29
Avg $ Per SqFt:
$159.82
Min Sale Price:
$58,000
Max Sale Price:
$430,000
Med Sale Price:
$259,900
May 2026
Sales:
30
Avg $ Per SqFt:
$138.89
Min Sale Price:
$17,500
Max Sale Price:
$400,000
Med Sale Price:
$220,000
Apr 2026
Sales:
54
Avg $ Per SqFt:
$151.55
Min Sale Price:
$20,000
Max Sale Price:
$545,000
Med Sale Price:
$212,500
Mar 2026
Sales:
46
Avg $ Per SqFt:
$149.85
Min Sale Price:
$90,000
Max Sale Price:
$1,800,000
Med Sale Price:
$215,000
Feb 2026
Sales:
45
Avg $ Per SqFt:
$132.12
Min Sale Price:
$25,000
Max Sale Price:
$585,000
Med Sale Price:
$185,000
Jan 2026
Sales:
44
Avg $ Per SqFt:
$143.17
Min Sale Price:
$11,500
Max Sale Price:
$405,000
Med Sale Price:
$179,500
Dec 2025
Sales:
39
Avg $ Per SqFt:
$137.89
Min Sale Price:
$27,000
Max Sale Price:
$485,000
Med Sale Price:
$193,000
Nov 2025
Sales:
51
Avg $ Per SqFt:
$133.86
Min Sale Price:
$25,000
Max Sale Price:
$485,000
Med Sale Price:
$166,000
Oct 2025
Sales:
57
Avg $ Per SqFt:
$142.68
Min Sale Price:
$33,500
Max Sale Price:
$400,000
Med Sale Price:
$202,000
Sep 2025
Sales:
50
Avg $ Per SqFt:
$136.13
Min Sale Price:
$9,500
Max Sale Price:
$539,900
Med Sale Price:
$213,500
MLS Number: 12623311
David Thomas – (773) 301-7966 – david@bluedoordave.com
Blue Door Dave Inc – (312) 344-1487
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12623311
David Thomas – (773) 301-7966 – david@bluedoordave.com
