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2nd Generation Restaurant For Lease

$26/sqft/yr

306 S Halsted St, Chicago, IL 60661

Active
Last Updated: 02/19/2025

20,400 sqft

Building Size

0.1148 acres

Lot Area

Details:
Building Size:    20,400 sqft
Lot Area:    0.1148 acres
Units:    1
Year Built:    1926
Floors:    4
Description:

This 2nd generation restaurant is fully improved and includes mechanical, electrical, and plumbing systems, three black iron exhaust systems, and an array of kitchen equipment, retail displays, handicap washrooms, and indoor seating. The basement includes extensive food preparation areas, ventilation hoods, walk-in coolers, a manager’s office, and dry storage areas.
The space can also be adapted to a variety of other retail uses and can be subdivided into two, 2,100 sf retail storefronts.
The property is zoned DX5 allowing for a wide range of uses.


306-308 S Halsted is located in the heart of Chicago’s vibrant West Loop/Fulton Market corridor, within walking distance of the University of Illinois at Chicago campus. Over the past decade, this area has experienced some of the country's highest population and income growth. Within a ½ mile radius, the population has grown to over 19,000 residents, with an average household income exceeding $182,000 annually. Between 2015 and 2025, over 10,000 new luxury apartment units are projected to be added, reflecting the area's rapid transformation into a hub for upscale living and commercial activity. Since 2014, approximately 8 million square feet of new office space have been developed, significantly increasing the daytime population.

The site enjoys easy access to multiple transportation options, including the I-90 expressway, CTA Blue Line, Metra stations, and several CTA bus routes.

Map:
1 Space Available

306 S Halsted, Ground Restaurant

Available:
Immediately
Sublease:
No
SQFT
4,200
Lease Type:
Gross
Documents:
Title
306 S Halsted Lease Brochure
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Location
Gallery