Former Starbucks Space at Incredible Lakeview Corner

Chicago's Lakeview neighborhood on the north side is among the city's most vibrant and desirable. It was named No. 3 on Money Magazine's list of the top "Big City" neighborhoods in the U.S. The neighborhood features every imaginable sub-set of retail and entertainment options, from national Big Box to high-end boutiques, from experimental theater to the Chicago Cubs. This property sits on the major signalized intersection of Irving Park Rd., a prominent east-west thoroughfare in the area, and Ashland Ave., across the street from Lake View High School. It has an incredible daily traffic count of ±60,000 vehicles. The property, which also borders the North Center neighborhood, is surrounded by retail and dining, among a variety of other businesses on the same corner.SVN | Chicago Commercial is pleased to present this ±2,300 SF retail space in a beautiful luxury mixed-use building at the high-profile corner of Irving Park and Ashland. This former Starbucks location is ready to go for a new tenant. This restaurant capable space has a substantial amount of existing infrastructure, including 400amp/ 3-phase electric service, upgraded HVAC, two ADA-compliant fully-fixtured bathrooms, lots of in-place lighting, electrical, and plumbing distribution as well as a Type II venting system, although a black iron venting system can be installed . Perfect space for a new cafe or food use, as well as many other potential uses. The property offers up to nine parking spaces on-site at $200/month per parking space. The building features 13 luxury apartment residences as well as two additional commercial tenants. A tenant in this space would benefit from wraparound signage on Irving Park and Ashland, as well as over 50 feet of frontage on both Irving Park Rd and Ashland Ave. The property is easily accessible by the #9 and #80 CTA buses, and the Brown Line L train is only 3 blocks away. Fantastic demographics with over $180k avg HH incomes and home values over $800k in the immediate area. The property also benefits from a daily vehicle count of over 60,000.