Restaurant/Hospitality Space for Lease in Chicago, IL

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Financial Details

Profit Metric:
Not Applicable
Location:
Chicago, IL, US
Source:
Date:
September 16, 2025

Key Highlights

Prime ±33,000 SF restaurant/hospitality space for lease in Chicago's sought-after Streeterville neighborhood.
Features a rare waterside outdoor seating area on Ogden slip docks and is divisible.
Located in a high-visibility area with strong co-tenancy and proximity to Navy Pier.

Description

This is a unique opportunity to lease a prime ±33,000 SF second-generation restaurant and hospitality space located in Chicago's desirable Streeterville neighborhood at The Lofts at River East. The space is divisible into ±8,000 SF and ±25,000 SF units and offers exceptional features including outdoor seating on the Ogden slip docks, providing a rare waterside dining experience. It is fully appointed with kitchens, HVAC, and amenities suitable for a restaurant, bar, bowling alley, or banquet facility, boasting dual venting sources and a live fuel system. Situated beneath 285 luxury apartments and surrounded by major retailers and restaurants like Target, Carson’s Ribs, and Robert’s Pizza, this location benefits from high foot traffic and proximity to Navy Pier and Lake Michigan. On-site parking is available, making it an attractive spot for both local patrons and tourists.

Industry Information

Industry Description:
Restaurant/Hospitality Spaces
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
2017

Real Estate & Lease

Status:
Lease
Monthly Rent:
$118,250 USD

Assets & Inventory

Includes FF&E:
Yes

Broker Contact

Name:
Jim Martin
Company:
Sperry Van Ness
Phone:
312-345-6659

Listing Details

Listing ID:
eb5758c5-5ccf-4bd9-97fe-cd6c14a55b74
Source Listing ID:
Ad#:2297739
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
USD