Lincoln Park Second Gen Restaurant For Lease

1450 West Webster Avenue, Chicago, IL 60614

Property Information

  • For Lease $39.00/SF/YR
  • Property Type Retail - Restaurant
  • Property Size 4,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2005
  • Year Renovated 2023
  • Date Updated Jun 17, 2026

Description

Located in the heart of Lincoln Park, West Webster Avenue offers a premier restaurant opportunity surrounded by affluent demographics, dense residential population, and strong consumer demand. Positioned just west of the Webster & Clybourn intersection, the corridor benefits from a vibrant mix of national retailers, boutique fitness concepts, entertainment venues, and popular local dining destinations that drive consistent daytime and evening traffic. The area is further energized by major developments such as Lincoln Yards and the thriving retail corridor along North Clybourn Avenue, attracting new residents, businesses, and visitors. Surrounded by Lincoln Park, Bucktown, and Lakeview, the location draws a highly desirable customer base of young professionals, families, and high-income households with strong dining and entertainment spending habits. Excellent walkability, bike accessibility, and convenient access to major thoroughfares make the property a natural destination for neighborhood residents and visitors alike. Combined with its strong visibility, established restaurant ecosystem, and proximity to DePaul University and major employment centers, Webster Avenue presents an exceptional opportunity for restaurant, café, and hospitality operators seeking a high-profile presence in one of Chicago's most dynamic neighborhoods.Fully improved restaurant opportunity available at 1450 West Webster Avenue in the heart of Chicago’s thriving Lincoln Park trade area. The turnkey ground-floor space features an existing restaurant buildout including a small bar, full commercial kitchen, and a fully improved basement equipped for storage, refrigeration, prep, and dishwashing operations. The property offers ±39' of prime frontage along West Webster Avenue with the ability to incorporate a substantial outdoor dining component, creating exceptional street presence and customer visibility. The location benefits from strong surrounding demand drivers including Webster Place, the new Advocate Outpatient Center, and nearby DePaul University, while offering convenient access from across the city via nearby major thoroughfares and public transportation.

Highlights

  • ±39' of frontage along West Webster Avenue providing excellent visibility and branding opportunity
  • Ability to add a significant outdoor dining component
  • Easily accessible from across the city via major thoroughfares and public transportation
  • Existing buildout includes a small bar, full commercial kitchen, and turnkey restaurant infrastructure
  • Fully improved basement with dedicated storage, refrigeration, prep, and dishwashing areas
  • Fully improved restaurant opportunity at 1450 W Webster Avenue in Chicago’s premier Lincoln Park trade area
  • Ideal opportunity for restaurant, café, or hospitality concepts seeking a turnkey urban location
  • Located within an established retail and dining corridor with strong daytime and evening traffic
  • Proximity to DePaul University and dense surrounding residential neighborhoods
  • Strong surrounding demand drivers including Webster Place and the new Advocate Outpatient Center

1 Space Available

1450 West Webster

Space Type

Restaurant

Lease Rate

$39.00/SF/YR

Total Space

2,100 SF

Divisible Space

2,100 - 2,100 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Turnkey

Yes

Fully improved restaurant opportunity. Turnkey ground-floor space features an existing restaurant buildout, including a small bar, full commercial kitchen, and a fully improved basement equipped for storage, refrigeration, prep, and dishwashing operations. The property offers approximately 39 feet of prime frontage along West Webster Avenue with the ability to incorporate a substantial outdoor dining component.

Contacts

Location

Located at 1450 West Webster Avenue, Chicago, IL 60614, this property is part of the Sheffield neighborhood and Chicago market.

Contact Listing Broker
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