West Town Second Gen Restaurant Space

Highlights

• Second-generation restaurant & bar with active Tavern, Retail Food, and Outdoor Patio licenses in place
• Two-level space featuring a large ground-floor bar plus a second-floor bar, ideal for service separation
• Flexible layout with occupancy on both floors, perfect for private parties, pop-ups, and small events
• Outdoor patio seating enhances capacity and seasonal revenue potential
• Long-term, reasonably priced lease in the heart of Chicago’s vibrant West Town neighborhood

Description

Second-Generation Restaurant & Bar Opportunity – West Town

Rare opportunity to acquire a fully built-out, second-generation restaurant and bar space in the heart of Chicago’s vibrant West Town neighborhood. The property features an active license set, including a Tavern License, Retail Food License, and Outdoor Patio License, allowing for immediate operation.

The space offers occupancy across two floors, with a large ground-floor bar, an additional second-floor bar, and flexible layouts ideal for private parties, pop-ups, or small events. An outdoor patio provides added seating and strong seasonal revenue potential.

With its versatile configuration, strong infrastructure, and long-term, reasonably priced lease, this turnkey opportunity is well-suited for a variety of concepts, including full-service dining, cocktail bar, event-driven venue, or hybrid hospitality use.

West Town is one of Chicago’s most vibrant and sought-after urban neighborhoods, located just northwest of the Loop and known for its eclectic mix of historic charm, cultural diversity, and dynamic street life.

A true food-lover’s destination, West Town features an eclectic dining scene with trendy cafes, bustling restaurant corridors (especially along Chicago Avenue and Division Street), and a wide array of international cuisine that draws both locals and visitors alike.

The area’s creative, community-driven vibe is enhanced by art galleries, music venues, lively festivals, and walkable streets lined with boutiques and breweries — making it a magnet for young professionals, foodies, and cultural explorers.

With excellent transit access to downtown and a reputation as a trendy, diverse, and bustling neighborhood, West Town provides a strong, energetic backdrop for any restaurant business aiming to thrive in one of Chicago’s most desirable and evolving markets.

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