El Nuevo Mexicano

2914 North Clark Street Chicago, IL 60657

2914 North Clark Street, Chicago, IL, 60657
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FOR SALE
Property Type:
Hotel
Amount:
$749,000
Last Verified:
Jan 07, 2026

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Highlights

  • El Nuevo Mexicano is an impeccably appointed restaurant that has been family owned and operated in the heart of Lakeview at the same location since 1983.
  • High grossing revenue with positive cash-flow.
  • The first dining area with its vintage 12-foot tin ceiling & exposed brick walls flows into a second dining area with sky lights and an array of tasteful artwork followed by an enclosed, temperature-controlled patio for year-round use.
  • With options, 13 years remain on a gross lease having a well below market rental rate.
  • Corporately held, transferable Incidental Liquor, Outdoor Patio, & Retail Food licenses.
  • Approximately, 2,400 square feet on the first floor with a full basement.
  • Proof of funds is required prior to scheduling a showing.
  • https://elnuevomexicano.net
  • Do not disturb the business and its employees.
  • Co-Op commission: 3%.

Description

El Nuevo Mexicano is an impeccably appointed restaurant that has been family owned and operated in the heart of Lakeview at the same location since 1983. High grossing revenue with positive cash-flow. The first dining area with its vintage 12-foot tin ceiling & exposed brick walls flows into a second dining area with sky lights and an array of tasteful artwork followed by an enclosed, temperature-controlled patio for year-round use. With options, 13 years remain on a gross lease having a well below market rental rate. Corporately held, transferable Incidental Liquor, Outdoor Patio, & Retail Food licenses. Approximately, 2,400 square feet on the first floor with a full basement. Proof of funds is required prior to scheduling a showing. https://elnuevomexicano.net Do not disturb the business and its employees.

Discover the best of city living in Lakeview, one of Chicago’s most dynamic and desirable neighborhoods. This vibrant community offers endless dining, shopping, and entertainment options, all within walking distance. From the iconic Wrigley Field and the bustling Belmont Theater District to the lively North Halsted nightlife and relaxing lakefront trails, Lakeview truly has something for everyone. With excellent transit access, charming tree-lined streets, and a perfect blend of historic character and modern amenities, it’s easy to see why Lakeview is one of Chicago’s most sought-after destinations.

Building Size: 10100sq ft
Lot Size: 0 acres


Documents

2914 N. Clark St Full MP Co-Op.pdf

Map of 2914 North Clark Street, Chicago, IL, 60657

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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