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2528 S Kedzie Ave, CHICAGO, IL

Real Estate

For Sale

Listed price in listed location currency (USD).
$6,499,000

000

MLS® 12451856

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Business Opportunity
Size -
Garage No
Maintenance Fees 
Taxes $121,017
Days Active 125
Approx. Age 
MLS® Number 12451856

Property Address: 2528 S Kedzie Ave, CHICAGO, IL, 60623-4007

Average square foot calculated using Size range provided by listing agent.

Description

PREMIER INVESTMENT OPPORTUNITY - Acquire this exceptional 22, 017 square foot mixed-use commercial restaurant and entertainment venue. This property comprises 13 PINs and represents a unique investment opportunity as the largest Mexican restaurant in Illinois-a true cultural landmark in Chicago's Little Village neighborhood that has faithfully served the community for over 30 years, establishing deep roots and an exceptional reputation. LExtensive renovations from 2020-2025. Freight elevator for operational efficiency. Full-service authentic Mexican restaurant. Banquet hall with capacity for large events. Full-service bar and lounge area. Largest patio in Little Village neighborhood @ 500 Seating Capacity (150 restaurant, 50 Bar, Extra Restaurant room 75, 300 Banquet Hall) Wheelchair accessible throughout. Commercial Kitchen & Storage: Walk-in coolers for food storage Blast freezers for preservation. Complete restaurant FF&E (Furniture, Fixtures & Equipment). Professional-grade commercial kitchen equipment . Two apartments on the second floor for additional income stream potential. 10 New HVAC units ensuring climate control throughout. Parking Lot #1: 48 spaces Parking Lot #2: 46 spaces Total Parking: 94 spaces. The property offers exceptional parking availability, rare for the Little Village area, providing significant competitive advantage for events and daily operations. BUSINESS OPERATIONS EVENT HOSTING CAPABILITIES: Private parties, community gatherings( City of Chicago official events, weddings, quinceanera, celebrations, Baptisms, religious celebrations, Chamber of Commerce meetings and corporate events). Authentic Mexican mariachi entertainment. Live music and band performances. Extensive beverage menu and traditional Mexican cuisine with Chicago culinary influences. Established customer base spanning multiple generations. Schedule your appointment to view this exceptional property!
MLS® Number12451856
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 13, 2025List Date
$6,499,000List Price
  • Commute

Commute

Starting Address
Destination Address
2528 S Kedzie Ave, CHICAGO, IL

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