2528 S Kedzie Avenue
Chicago, IL, 60623
$6,499,000
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0 Baths
0 SqFt
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$6,499,000
2528 S Kedzie Avenue
Chicago, IL, 60623
MLS #MRD12451856 image #0MLS #MRD12451856 image #1
OPPORTUNITY OF A LIFETIME to own this 22,017 square feet Mixed-Use Commercial Restaurant & Entertainment Venue. Property is comprised of 13 PINs. This represents a unique investment opportunity as the largest Mexican restaurant in Illinois and a cultural landmark in Chicago’s Little Village neighborhood that has served the community for over 30 years, establishing deep roots and an exceptional reputation. 3 floor building with extensive 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.

Property Details

Price:
$6,499,000
MLS #:
MRD12451856
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
chisouthlawndale
Listed Date:
Sep 13, 2025
Total Sq Ft:
22,017
Chi – South LawndaleChisouthlawndale

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Interior

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Financial

Tax Year
2023
Taxes
$121,017
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Business in Chicago as of Sep 15, 2025
132
Business Listed
161
Avg DOM
201
Avg $ / SqFt
$703,552
Avg List Price

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Property Summary

    2528 S Kedzie Avenue Chicago IL is a Business for sale in Chicago, IL, 60623. It is listed for $6,499,000 To schedule a showing of MLS#mrd12451856 at 2528 S Kedzie Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
2528 S Kedzie Avenue
Chicago, IL