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Active
435 E Illinois Street Chicago, IL 60611
UPDATED:
11/13/2024 09:27 PM
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 second-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 two-level, 34,000 SF space can be easily separated into two spaces of 11,500 and 22,500 SF, with further demising flexibility down to approx. 4,100, 5,300, 9,800 and 12,400 SF spaces. The site 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, 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
Zoning RTAIL
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
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Listed by Wayne Caplan • Sperry Van Ness