435 E Illinois ST new

Chicago,IL 60611

$ 47

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Rent

MLS Listing ID 12198328

Year Built 2017

Annual Tax Amount $198,000

Tax Year 2023

Property Description

Flagship 2nd generation restaurant/hospitality space in the heart of Chicago's Streeterville neighborhood. Join Target, Carson's Ribs, Cupitol, Robert's Pizza and Wu's Korean BBQ (coming soon) at The Lofts at River East - one of Chicago's most unique and sought-after retail/restaurant locations. This approx. 33,000 SF space can be demised into two spaces of approx. 8,000 and 25,000 SF. The space has been the long-time home of a national bowling, bocce, dining and special event facility and sits beneath 285 luxury loft apartments. The ground-level portion of the space has access to an outdoor seating area on the Ogden slip docks and is one of the only waterside dining opportunities available in Chicago. This is an in-place, fully functional restaurant and high-volume event facility with incredible infrastructure including multiple kitchens and bars, including a large full-service main kitchen, several restaurant venting options including a live fuel facility with a wood-burning oven, bathrooms, a main level outdoor deck and the Ogden Slip level waterfront outdoor seating areas, along with high capacity electrical and HVAC systems. The brick and timber interior aesthetics provide for a unique tenant setting. Additional property and area co-tenants include Pinched Mediterranean Restaurant, Cupitol, Whole Foods, Kanela and Yolk to name a few. The property is located one block from Chicago's Navy Pier and boasts over 2 million unique pedestrian visits per year. This high-profile space has entrances and exposure both on Illinois St and on Ogden Slip. This is a once-in-a-lifetime opportunity to take advantage of Chicago's high-density Streeterville neighborhood location, which draws residents, and tourists alike.

Location

State IL

County Cook

Area Chi - Near North Side

Zoning RTAIL

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Retail/Stores

Level or Stories 7

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