Contacts
Business Locations
Property Details
- Property Type Retail - Restaurant
- Property Size 8,000 SF
- Cap Rate % 7
- Property Tenancy Multi-Tenant
- Date Updated Apr 17, 2026
Marketing description
This 8000 square foot building zoned B3-2 comprises an iconic Restaurant and Bar (Hawkeye’s) and 5 apartments. The restaurant has been successfully operated since 1987 and continues to be a “go to” place for patrons from the University of Illinois, Rush University and Medical Center, as well as a destination in the Little Italy neighborhood for fun-loving people from all over Chicagoland. All FF&E is available at a negotiable price.
The apartments consist of (4) three bedroom/2 bath units, and (1) 2-bedroom/1-bath unit, that have enjoyed a history of high occupancy and been well cared for. They are an undervalued asset which could improve the already competitive CAP rate.
Investment highlights
Actual current 7% return on investment. All current rents are below Market. The Owner will consider financing to a credit worthy entity. The Building is owned fee simple and free and clear of debt.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
93/100
Walk Score ®
-
75/100
Transit Score ®
-
95/100
Bike Score ®
Location
- City Chicago, IL
- Neighborhood Little Italy
- Zip Code 60607
- Market Chicago
Points of Interest
-
UIC-Halsted (Morgan Street)
0.75 miles
-
UIC-Halsted (Peoria Street)
0.85 miles
-
Uber Tent
0.94 miles
-
UIC-Halsted (Halsted Street)
0.95 miles
-
Halsted Street
1.06 miles
-
Clinton
1.25 miles
-
Morgan
1.29 miles
-
Quincy
1.68 miles
-
Grand
1.73 miles
-
Halsted
1.76 miles
-
Mobil
0.22 miles
-
EVgo
0.35 miles
-
Costco Gasoline
0.48 miles
-
BP
0.53 miles
-
Shell
0.63 miles
-
Electrify America
0.69 miles
-
Blink ParkChip Garage - 1035 Van Buren
0.75 miles
-
Midwest
0.83 miles
-
Blink
1.01 miles
-
eVgo
1.01 miles
-
Lot K
0.17 miles
-
Lot G
0.17 miles
-
Paulina Street Parking Structure (PSPS)
0.24 miles
-
Lot F
0.24 miles
-
Lot H
0.24 miles
-
Lot F4
0.27 miles
-
Rush Parking Structure
0.31 miles
-
Lot E
0.32 miles
-
Parking Facility
0.36 miles
-
Lot M
0.40 miles
-
The Rosebud
0.02 miles
-
Potbelly
0.02 miles
-
Conte Di Savolia
0.03 miles
-
Couscous Mediterranean Cuisine
0.03 miles
-
The Patio
0.03 miles
-
Taylor’s Tacos
0.04 miles
-
Chilango Mexican Street Food
0.04 miles
-
De Pasada
0.05 miles
-
Kong Dog
0.06 miles
-
Kimura Japanese Cuisine
0.07 miles
-
Jewel-Osco
0.34 miles
-
Target
0.69 miles
-
La Casa del Pueblo
0.85 miles
-
La Providencia
1.08 miles
-
Wild Fork
1.13 miles
-
H Mart
1.14 miles
-
Mariano's Fresh Market
1.15 miles
-
The Maxwell
1.23 miles
-
Burlington
1.23 miles
-
Whole Foods Market
1.26 miles
Business Locations