| Property Description: Fully equipped second-generation restaurant on direct arterial route to Obama Presidential Library. |
| Positioned along the highly trafficked Stony Island Avenue corridor on Chicago’s South Side, this turnkey restaurant opportunity offers operators and investors a rare chance to acquire or lease a like-new, fully built-out freestanding restaurant with dedicated parking.
Formerly occupied by Huddle House, the property features a modern free-standing building that was developed within the last few years, presenting a clean slate for a new concept. The offering includes all existing FF&E, allowing for immediate occupancy with minimal downtime and significantly reduced startup costs. The layout is optimized for efficient service, accommodating dine-in, carryout, and potential delivery operations. Situated on a prominent stretch of Stony Island Ave.—one of the South Side’s primary north-south thoroughfares—the site benefits from strong visibility, accessibility, and consistent vehicular traffic. Importantly, Stony Island serves as a direct arterial route to the future Obama Presidential Center in Jackson Park, one of the most anticipated developments in the country, expected to draw millions of annual visitors. Ongoing and planned infrastructure improvements along the corridor—including roadway enhancements and potential lane expansions—are designed to support increased traffic flow and accessibility to the area, further strengthening the long-term positioning of this location. The surrounding Calumet Heights area continues to see reinvestment and growing demand, with limited freestanding restaurant inventory available. This opportunity is well-suited for a wide range of concepts including quick-service, fast casual, full-service dining, or franchise expansion. With infrastructure already in place, operators can focus capital on branding and operations rather than construction. |
| Location: Calumet Heights |
 Located on Chicago’s far Southeast Side, Calumet Heights is a well-established residential neighborhood known for its stability, pride of ownership, and strong sense of community. Characterized by tree-lined streets and a mix of classic Chicago bungalows, Georgian homes, and mid-century residences, the area offers a quiet, suburban feel within city limits. Calumet Heights benefits from convenient access to major thoroughfares such as Stony Island Avenue and 95th Street, providing connectivity to downtown and surrounding neighborhoods, while nearby Metra Electric stations offer an efficient commuter option. The neighborhood is supported by local retail corridors, neighborhood parks, and proximity to the Lake Michigan shoreline, creating a balanced environment for both residents and visitors. With its solid housing stock, accessibility, and long-standing community roots, Calumet Heights remains a dependable and attractive enclave on Chicago’s South Side.
–– longgrove.com |
| Purchase Price | $2.3M (RE) | Property Taxes | $41,618.80 (2024), $11.40/SF |
| Lease Rate | $50/SF NNN | Zone | PD 1412 |
| Size (Approx.) | 3,651SF (Bldg.), 43,886 ac. (Lot) | Licenses | Must apply. |
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360° Virtual Tours
| Interior – Ground Level Dining |
| Exterior – Street View |
Contact
 Monica PalermoBroker 312-575-0480 Ext. 115 monicapalermo@kudangroup.com Monica is the Designated Agent of this listing. |
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 Juan Carlos GomezPrincipal 312-575-0480 Ext. 111 juancarlos@kudangroup.com |
Inquire
| Calumet Heights – 9421 S. Stony Island, Chicago, IL |
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