2528 South Kedzie Avenue, Chicago, IL, 60623

$6,499,000

About 2528 South Kedzie Avenue

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!

Additional Information: This property is located in the CHI - South Lawndale neighborhood, IL. This 0 bedrooms bus / bus w/real est property is priced at $6,499,000.

Facts & Features

MLS® # 12451856
Price $6,499,000
Bathrooms 0.00
Taxes $121,017
Acres 0.00
Type Business Opportunity
Sub-Type Bus / Bus w/Real Est
Status Active

Community Information

Address 2528 South Kedzie Avenue
Area CHI - South Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 34
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $121,017

Listing Details

OfficeRE/MAX 1st Service
Contact Info708-675-1600

Listing Map

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