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327-329 Waukegan Ave
Highwood, IL 60040

$3,713 USD/MO

Storefront For Lease  •  1,000 SF

Property Details

  • Property Type Storefront
  • Year Built 1920
  • Total Building Size 7,361 SF
  • Tenancy Multiple
  • Building Class C
70 Transit Score
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 1,000 SF $44.56 USD/SF/YR
Opportunity to acquire a fully equipped second-generation restaurant and bar located in an affluent community, positioned within a charming and highly sought-after food and entertainment corridor, and a calendar of well-attended annual festivals and events.

This turn-key offering features a manageable footprint paired with a highly efficient layout, making it ideal for an owner/operator seeking strong performance without excessive overhead. The low occupancy cost further enhances profitability and long-term sustainability. Additionally, the property boasts ample outdoor café-style dining and excellent curb appeal, creating an inviting presence that naturally draws both local patrons and destination diners.

Opportunities like this are increasingly rare in this market, where limited inventory and high barriers to entry make second-generation spaces highly desirable. This offering is priced to sell, as the current ownership is relocating, presenting a unique chance to acquire a proven operation in a premier North Shore setting.

This is a confidential offering.  Do not approach staff or management.  Financial review is required prior to scheduling a tour during off-operating hours, accompanied with the designated listing broker.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Restaurants And Cafes
  • Space Type: Sublet

Description

Opportunity to acquire a fully equipped second-generation restaurant and bar located in an affluent community, positioned within a charming and highly sought-after food and entertainment corridor, and a calendar of well-attended annual festivals and events.
This turn-key offering features a manageable footprint paired with a highly efficient layout, making it ideal for an owner/operator seeking strong performance without excessive overhead. The low occupancy cost further enhances profitability and long-term sustainability. Additionally, the property boasts ample outdoor café-style dining and excellent curb appeal, creating an inviting presence that naturally draws both local patrons and destination diners.

Opportunities like this are increasingly rare in this market, where limited inventory and high barriers to entry make second-generation spaces highly desirable. This offering is priced to sell, as the current ownership is relocating, presenting a unique chance to acquire a proven operation in a premier North Shore setting.

This is a confidential offering.  Do not approach staff or management.  Financial review is required prior to scheduling a tour during off-operating hours, accompanied with the designated listing broker.

Major Tenants

Tenant SF Occupied Lease End Date
Loft 329 Llc
Marcos Northside Cafe
Toad's Stool & Pub

Public Transportation

Commuter RailDriveWalkDistance
Highwood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 9 min 0.4 mi
Fort Sheridan Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.4 mi
Transit/SubwayDriveWalkDistance
Highwood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 7 min 0.4 mi
AirportDriveWalkDistance
Chicago O'Hare International 34 min - 22.7 mi
Chicago Midway International 51 min - 33.7 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 3
Type: Reserved
Included in Rent: Yes
Juan Carlos Gomez 312-575-0480 Kudan Group, Inc.
Juan Carlos Gomez 312-575-0480 Kudan Group, Inc.