What is the asking price for Monarca Restaurant?

The lease rate for space here is Contact for pricing.

What is the total size of Monarca Restaurant?

The property has a total square footage of 4,800 SF.

When was this property built?

Monarca Restaurant was built in 1951.

How many parking spaces are available at Monarca Restaurant?

Parking information for the property isn't currently listed. However, other nearby parking options include Belmont Central Parking, located 0.05 miles away , and Community First Health Center Parking Garage, which is 0.58 miles away.

3139 North Central Avenue, Chicago, IL 60634

For Sale $875,000
Property Type Retail - Restaurant
Lot Size 6,098 SF
# of Floors 1
Year Built 1951
Date Updated May 18, 2026

Description

For Sale – Fully Built-Out Restaurant Space | 4,800 SF | Chicago, IL

KW Commercial is pleased to present 3139 N Central Ave, Chicago, IL 60634 — a premier 4,800 square foot, second-generation restaurant space for sale, ideally situated off the hard corner of Central Ave and Belmont Ave. This high-visibility location offers exceptional signage exposure, excellent accessibility, and strong vehicle and pedestrian traffic. The property features a full upscale restaurant buildout and fully equipped commercial kitchen, ideal for a variety of dining formats including buffet, fine dining, and quick-service models.

Property Highlights

4,800 SF of fully built-out restaurant space
Prime location at Central Ave. & Belmont Ave., one of the area’s busiest intersections
Highly visible corner with heavy foot and vehicle traffic
Turnkey, second-generation restaurant with premium finishes
Zoned for B3-2, allowing for restaurant and other commercial uses

Interior Dining Features

(14) Private booths with adjustable lighting for intimate dining
(2) Large private booths suitable for VIP guests or private parties
(4) Large tables (seating 8 each) ideal for groups and events
(3) 6-ft banquet tray heaters for buffet service
Central water pillar as a unique architectural focal point
(2) Flat screen TVs (1 large, 1 small)

State-of-the-Art Commercial Kitchen

Chip station & POS system
Ice cream cooler
(2) 6-ft pastry standing coolers
Ice machine
Keg system with (2) lines:
- One line with (3) outputs
- One line with (2) outputs
Pepsi cooler
(6) Juice mixer stations
Fresh orange juice extractor
Veryfine standing cooler
13-ft hood system
Large flat stone & large grill stove (8 burners)
Additional stove: 6-burner grill + 2-burner flat stove
15-ft cooler/service/equipment station
(2) Basket fryer
(2) Bin sink + (1) bin sink + hand wash sink
Jackson commercial dishwasher
Range guard fire suppression system
8-ft prep station
(2) Section standing cooler
Alliance refrigeration ice machine
2-door walk-in cooler (13.6' x 7.9' = 106 SF)