Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12520209
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Request Info948 W Webster AvenueChicago, IL 60614
Commercial$50
Active
948 W Webster Avenue Overview
- Time on Site:
- 224 days
- Visits:
- 7
Longstanding restaurant and bar available for the first time in 40 years. Large, updated kitchen with black iron in place. 2018 install of retractable glass roof on rear deck and 7-year-old roof on building. multiple rooms, DJ booth, 6 bathrooms, 2 bars with one in separate back room perfect for party rooms. Ability to execute multiple concepts and/or pick up window along main street. Dense popular area steps to Depaul campus and 1/4 mile to brown line L train. Endless possibilities at this location with a neighborhood starving for great restaurant and bar concepts. Situated on a block with Core power yoga, Kelly's pub, Foxtrot, Alice and Wonder and home slice Restaurant. Building for Sale Also and just had $400,000 price drop. NDA required for more info.
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948 W Webster Avenue Facts & Features
- Type Commercial
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Existing Lease Type: Net
- Net Operating Income: 0
Building Information
- Year Built: 1950
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Lincoln Park
Rent/Lease Information
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Scavenger, Sewer, Other
Tax Information
- Tax Annual Amount: $36,500.00
- Tax Year: 2023
General Information
- Property Type: Commercial Lease
Interior
General Information
- Cooling: Central Air
- Electric: Separate Meters
- Leasable Area: 7579
- Stories: 1
Unit Information
- Unit SqFt.: 7579
Exterior
948 W Webster Avenue Neighborhood
Community
60614 (CHICAGO) Demographics
30
Median Age
20,962
Population Density (per sq. mile)
88%
College Educated
$117,251
Estimated Median Income
15,110
Estimated Total Home Owners
18,292
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.948 W Webster Avenue Market Data
Based on the last 30 days in this zip code
$1,409,089
Average List Price
$844
Average Price per Square Foot
119
Properties Sold
57
Average Days on Market
259
Properties for Sale
948 W Webster Avenue History
| Date | Value | Agent |
|---|---|---|
| 11/23/2025Source: MRED | Active |
|
| 11/18/2025Source: MRED | November 18, 2025 |