1706 W Foster Avenue, Chicago, IL 60659 | MLS #12673190 | Berkshire Hathaway HomeServices Chicago
 
Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12673190MLS Provider

1706 W Foster AvenueChicago, IL 60659

Commercial
$5,500 Active

1706 W Foster Avenue Overview

Time on Site:
18 days
Visits:
0

Ready to operate restaurant with full equipment located in one of Chicago's most vibrant and established North Side business districts, this restaurant opportunity sits between the highly desirable neighborhoods of Andersonville and Ravenswood, just one block west of the bustling Clark Street Commercial Corridor. Strong blend of local residents and destination visitors for the neighborhood unique collection of shops, cafes, bookstores, restaurants, and independently owned businesses. Year-round street festivals, community events, and neighborhood gatherings generate consistent activity, enhancing visibility and supporting strong business performance. Approximately 2,500-square-foot space offers excellent street presence and exposure in a highly walkable, pedestrian-oriented environment with strong neighborhood engagement. A dense surrounding residential population provides a reliable customer base, while nearby shopping, dining, and entertainment destinations contribute to steady foot traffic throughout the day and evening. Outstanding accessibility, with convenient access to CTA bus routes, nearby CTA Brown Line stations, and Metra commuter rail service and within minutes from Lake Shore Drive and a short distance from downtown Chicago. Zoned B2-2, The monthly gross modified lease rate is $5,500.

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1706 W Foster Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Operating Expense: 0

Business Information

  • Business Type: Restaurant
  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Edgewater

Rent/Lease Information

  • Lease Term: 24 Months
  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2024

General Information

  • Possible Use: Commercial
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air
  • Stories: 1

Unit Information

  • Unit SqFt.: 2040

Exterior

Lot Information

  • Frontage Type: City Street

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Concrete

1706 W Foster Avenue Neighborhood

Community

60659 (Chicago) Demographics

35
Median Age
21,613
Population Density (per sq. mile)
44%
College Educated
$54,807
Estimated Median Income
5,844
Estimated Total Home Owners
7,865
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

1706 W Foster Avenue Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1706 W Foster Avenue Market Data

Based on the last 30 days in this zip code

$381,933
Average List Price
$310
Average Price per Square Foot
13
Properties Sold
35
Average Days on Market
59
Properties for Sale
Calculations provided by Reliance Network

1706 W Foster Avenue History

Date Event Value Agent
6/18/2026Source: MRED Status Change
Active
6/12/2026Source: MRED Status Change
Price Change
6/11/2026Source: MRED Added to Database
June 11, 2026