Cost to Open a Coffee Shop in Lakeview Chicago, IL

Planning to open a cafe in Lakeview Chicago, IL? Here is a detailed breakdown of the estimated startup capital you'll need in 2025, including rent, equipment, and licensing fees.

Total Estimated Cost

$182,833

Range: $155,408 - $210,258

Startup Cost Breakdown

Where your money goes when opening in

Location & Rent

Based on the location score of 32.0/40, Lakeview Chicago, IL is considered a High Demand demand area.

Est. Price per Sq. Ft. $100 / yr
Monthly Rent (1000 sq. ft.) $8,333
Security Deposit (3 months) $25,000
Total Lease Capital $33,333

Equipment & Buildout

Standard costs for a high-quality coffee setup.

Espresso Machine & Grinders $45,000
Construction & Renovation $80,000
Furniture & Decor $15,000
Total Physical Assets $140,000

Licensing & Legal

Estimated fees for IL and IL.

Business Registration $500
Health Dept. Permits $1,200
Insurance (Down payment) $2,500
Total Admin Costs $4,200

Opening Inventory

Stock needed for the first month of operations.

Coffee Beans (300 lbs) $3,000
Milk & Dairy $800
Cups, Lids, Paper Goods $1,500
Total Inventory $5,300

Get a Precise Quote for Your Concept

These estimates are averages for Lakeview Chicago, IL. Use our interactive Startup Cost Calculator to get a custom budget based on your specific menu, equipment choices, and floor plan.

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