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Restaurant Space with Chef's Table
For Lease
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1312 S Wabash Avenue, Chicago, IL 60605

COMMERCIAL - Chicago, IL

Space SizeContact for details
Days on Market118

Property Features for 1312 S Wabash Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning MULTI
Directions Roosevelt (1200 South) to Wabash, 1 block west of Michigan, South to 1312
Subdivision CHI - Near South Side
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 82630

Utilities

Utilities Water Available
Cooling system Central Air, Zoned, Exhaust Fan (Cooling)

Building Details

Year built 1890
Floors in Building 4
Number of units 1
Flooring type Tile, Wood
Building materials Brick
Roof type Rubber
Listing Agency: Thornton Properties of Chicago INC
Listed By: Kevin Thornton
Added: Apr 17 Changed: Aug 4 Last Checked: Aug 12 at 7:06PM
MLS# 12622417

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Restaurant Row opportunity in Chicago’s South Loop featuring a fully built-out restaurant space. The extensive complete buildout was completed in 2020. The layout includes a main bar and back bar, three dining areas/rooms, and a chef’s table private dining room, with sidewalk seating and a large basement.

The space is supported by a professionally designed chefs kitchen that has reportedly been recently serviced with new hoods, plumbing, electrical, and HVAC. Building mechanical includes central air with zoning and an exhaust fan for cooling. Updates also include new overhead and sidewalk-level digital programmable signage.

The building is constructed of brick and was built in 1890. Offered with water available, the space includes approximately 7,000 SF at the ground level and approximately 5,000 SF in the basement.

Key Highlights

  • Complete restaurant buildout completed in 2020
  • Main bar, back bar, three dining rooms, and a chef's table private dining room
  • Professionally designed chefs kitchen with new hoods, plumbing, electrical, and HVAC servicing

Property Analytics

Current Use

Signature Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon Carpet & Flooring Store Florist Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,377
Businesses Nearby
274k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 48% Groceries 35% Apparel 7% Hotels & Casinos 4%
Target Superstores
131,620 visits/mo 0.4 miles
Mariano's Groceries
50,480 visits/mo 0.4 miles
Jewel-Osco Groceries
46,012 visits/mo 0.2 miles
H&M Apparel
18,041 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,724 visits/mo 0.3 miles

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant-ready space with a professionally designed chefs kitchen, chef's table private dining, and basement area.
Where is this conventional restaurant located?
The property is located at 1312 S Wabash Avenue Chicago, IL.
What are key features of this property?
This property features: Complete restaurant buildout completed in 2020; Main bar, back bar, three dining rooms, and a chef's table private dining room; Professionally designed chefs kitchen with new hoods, plumbing, electrical, and HVAC servicing
More about this property
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