WICKER PARK SECOND GENERATION RESTAURANT FOR...Each summer, Wicker Park hosts a variety of street...

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SVN | Chicago Commercial | 940 West Adams Street, Suite 200, Chicago, IL 60607 LEASE BROCHURE WICKER PARK SECOND GENERATION RESTAURANT FOR LEASE 1846 W DIVISION CHICAGO, IL 60622 Tim Rasmussen, CCIM Assistant Vice President 312.676.1875 [email protected] Marcus Sullivan Assistant Vice President 312.756.7357 [email protected] Shane Sackett Associate Advisor 312.529.5795 [email protected]

Transcript of WICKER PARK SECOND GENERATION RESTAURANT FOR...Each summer, Wicker Park hosts a variety of street...

Page 1: WICKER PARK SECOND GENERATION RESTAURANT FOR...Each summer, Wicker Park hosts a variety of street festivals including Do Division, Wicker Park Fest, and Green Music Festival which

SVN | Chicago Commercial | 940 West Adams Street, Suite 200, Chicago, IL 60607 LEASE BROCHURE

WICKER PARKSECONDGENERATIONRESTAURANT FORLEASE1846 W DIVISIONCHICAGO, IL 60622

Tim Rasmussen, CCIMAssistant Vice [email protected]

Marcus SullivanAssistant Vice [email protected]

Shane SackettAssociate [email protected]

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OFFERING SUMMARY

Available SF: 6,050 SF

Lease Rate: $40.00 SF/yr (NNN)

Submarket: Wicker Park

Cross Streets: Division & Wolcott

Zoning: B3-2

Situated on lively Division Street in Chicago's burgeoning Wicker Park neighborhood, the subject property is a 6,050 square foot restaurant spacein the ground floor of an 11-unit new construction apartment building. Positioned at the corner of Division Street and Wolcott Avenue, therestaurant space offers 107 feet of frontage on Division Street in addition to an outdoor patio component.

The restaurant’s previous layout warranted an interior occupancy for 197 individuals with additional outdoor seating for 106. The space alsofeatures an impressive back of the house including a spacious kitchen with a 40 foot hood, 3 walk-in coolers, scullery, and ample prep space. Thebar, designed with 3 individual prep stations, offers 21 seats, 16 tap lines, a 3-compartment sink, and extensive refrigerated wine storage display.Additionally, there is a host station, 2 washrooms, dry storage, a manager’s office, separate employee washroom. In the basement storage space,there is a Perlick beer cooler with 16 tap draft system.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• 6,050 Square Foot Restaurant Space For Lease

• Excellent Restaurant Infrastructure

• Interior Occupancy For 197 Individuals, Additional Outdoor Seating For 106

• 107 Feet Of Frontage On Division Street

• B3-2 Zoning

• Outstanding Co-Tenancy

• Median Household Income Of $82,102, 1/2-Mile Radius

Property Summary

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WICKER PARKIn recent years, Division Street has become a destination for bars, restaurants, and retailers alike. Roughly 5 miles northwest of downtown Chicago, Wicker Park is serviced by

I-90, the CTA Blue Line Division stop, and #70 Division Bus, and #50 Damen Bus. With a population of roughly 21,000 individuals and a median household income of $82,102 in

a 1/2-mile radius of the subject property, Wicker Park is recognized as a densely populated, affluent destination for young professionals and families.

Along the roughly 1-mile stretch of Division Street that delineates the southernmost boundary of Wicker Park, there are approximately 50 bars, restaurants, boutiques, bakeries,

cafes, coffee shops, salons, and spas. On Division Street, notable co-tenants include Parlor Pizza, Smoke Daddy, Bangers & Lace, 5411 Empanadas, Mana Food Bar, Milk & Honey,

Clever Rabbit, Fatpour, Wicker Park Athletic Club, The Fifty/50, Janik's Cafe, Ora Dental, Penelope's and many more.

Each summer, Wicker Park hosts a variety of street festivals including Do Division, Wicker Park Fest, and Green Music Festival which set up shop on the main neighborhood

thoroughfares of Division Street, Milwaukee Avenue, and Damen Avenue, respectively. In addition, Chicagoans flock to Wicker Park proper to feast on fresh produce at the

Wicker Park Farmers Market.

Location Description

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Wicker Park Amenities

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Restaurant Interior

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Restaurant Interior

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Back Of The House

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Floor Plan

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Retailer Map

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Location Maps

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1/2 Mile Demographics