For Lease
1 Walker Avenue
1 Walker Avenue, Clarendon Hills, IL 60514
1 Walker Avenue, Clarendon Hills, IL 60514
The Glover Team presents a rare opportunity to lease a fully built-out, updated restaurant space in the heart of Downtown Clarendon Hills. Positioned within one of Chicagoland’s most affluent suburban downtowns, this offering combines an existing restaurant buildout, walkable location, aggressive Village TIF support, and a strong surrounding dining demographic.
Property Highlights
Space Approx. 5,381 SF first floor + Full Basement for events or 2nd concept + Expanded Outdoor Dining
Lease Rate $33/SF NNN | Property Taxes $3.07/SF | CAM $2.51/SF
Infrastructure Fully equipped restaurant w/ 2 kitchens, walk-in coolers, hoods, bar, electrical, sprinklers, elevator service, office
Location Walkable downtown near Metra commuter traffic with high income houesholds, #1 Place to Live in Illinois - Clarendon Hills
Aggressive Village TIF Support
The property is located within the Village’s Downtown TIF District, where Clarendon Hills has demonstrated an aggressive proactive approach toward attracting high-quality restaurant concepts. Recent downtown projects have included Village-supported incentive packages exceeding $600K, structured as true public-private partnerships focused on tax-generating hospitality uses.
Market & Demographics
Clarendon Hills and neighboring Hinsdale represent one of the strongest dining demographics in the western suburbs, featuring affluent households, strong discretionary spending, and a customer base that actively supports upscale dining concepts and experience-driven hospitality.
Ideal Concepts
Upscale Casual • Modern Mexican • Mediterranean / Greek • Italian • Steak & Cocktail Concepts • Chef-Driven American Dining • Wine-Focused Hospitality
5,381 Sq.Ft. LIVING AREA
The Village of Clarendon Hills is a well-established, affluent west suburban Chicago community located in eastern DuPage County, just west of I-294 and Route 83 and just south of I-88 and Ogden Avenue. Originally planned in the 1870s and later incorporated on January 22, 1924, the Village is home to approximately 8,500 people and more than 100 businesses.
ExploreWhether you are a first-time home buyer or a seasoned buyer/seller, we will guide you through the process explaining the facts of the current market.