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Listing provided courtesy of Platinum Partners RealtorsMREDas Distributed by MLSGrid- MLS# 12641140MLS Provider

1 Walker AvenueClarendon Hills, IL 60514

Commercial
$33 Active

1 Walker Avenue Overview

Time on Site:
54 days
Visits:
1

Fully built-out, updated restaurant featuring 5,300+/- SF on the first floor plus a full basement w/ prep kitchen & event space or secondary concept. The Village recently provided extended outdoor patio to maximize seating. True walkable downtown with strong household incomes ranked by Niche as the #1 place to live in Illinois. Aggressive TIF support from Village for the right operator with recent structured deals of over $600k, reflecting a $1 subsidy for every $2 of private investment. They're focused on bringing in high-quality, tax-generating restaurants and have shown a willingness to step in meaningfully on buildout costs when the concept fits.

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1 Walker Avenue Facts & Features

  • Type Commercial

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Electric Expense: 6000
  • Existing Lease Type: Net
  • Insurance Expense: 3500
  • Water Sewer Expense: 12000

Building Information

  • Year Built: 2007

Location/Region

  • County Or Parish: DuPage
  • MLS Area Major: Clarendon Hills
  • Township: Downers Grove

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer, All Utilities

Tax Information

  • Tax Annual Amount: $38,591.00
  • Tax Year: 2025

General Information

  • Property Type: Commercial Lease
  • Zoning: RTAIL

Interior

General Information

  • Cooling: Central Air, Zoned
  • Electric: Circuit Breakers, Over 600 Amps, Three Phase
  • Flooring: Tile, Wood
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 5381
  • Stories: 3

Unit Information

  • Unit SqFt.: 5381

Exterior

Lot Information

  • Frontage Type: City Street
  • Lot Size Dimensions: 100 x 75
  • Lot Size Square Feet: 7500
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Concrete, Pre-cast, Brick, Stone, Limestone
  • Roof: Membrane

General Information

  • Utilities: Electric to Site,Natural Gas Available

1 Walker Avenue Neighborhood

Community

60514 (CLARENDON HILLS) Demographics

42
Median Age
4,894
Population Density (per sq. mile)
80%
College Educated
$102,554
Estimated Median Income
3,306
Estimated Total Home Owners
727
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1 Walker Avenue Market Data

Based on the last 30 days in this zip code

$1,067,608
Average List Price
$351
Average Price per Square Foot
15
Properties Sold
75
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

1 Walker Avenue History

Date Event Value Agent
5/12/2026Source: MRED Status Change
Active
5/7/2026Source: MRED Added to Database
May 07, 2026
10/7/2022Source: MRED Status Change
Closed
7/5/2022Source: MRED Status Change
Contingent
6/30/2022Source: MRED Price Reduction
$2,200,000 -26.7%
6/30/2022Source: MRED Status Change
Price Change
6/20/2022Source: MRED Added to Database
January 27, 2022
5/4/2022Source: MRED Status Change
Active
4/29/2022Source: MRED Price Reduction
$2,999,993 -13.1%
4/29/2022Source: MRED Status Change
Price Change