Restaurant Space in High-Rise
1 E Erie St., Chicago, IL 60611
For Sale
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Restaurant-configured space occupies a tower with condominium, office and retail components.
Property SizeContact for details
Days on Market38
Property Features for 1 E Erie St.
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Building Details
Stories
Listing Agency:
Stone Real Estate
Listed By:
William Winter
(312) 878-9445
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 12 at 4:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stone Real Estate
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Investment Insights
Based on property information with market context.
Restaurant use is established in this 49-story mixed-use tower, which contains 467 condominium units, 110,000 square feet of office space and 14,853 of retail space. The available space offers a restaurant operator an existing restaurant configuration within a building that combines residential and commercial components.
Transit options include the CTA Red Line and 13 Michigan Avenue bus lines. A nine-level parking garage with 496 spaces is adjacent to the building, and the property is three blocks west of the Magnificent Mile.
Transit options include the CTA Red Line and 13 Michigan Avenue bus lines. A nine-level parking garage with 496 spaces is adjacent to the building, and the property is three blocks west of the Magnificent Mile.
Key Highlights
- Restaurant‑configured space in a 49‑story tower
- Building includes 467 condominium units
- 110,000 square feet of office space and 14,853 of retail space
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
33,588
Businesses Nearby
714k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 49%
Hotels & Casinos 22%
Apparel 20%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.1 miles
Starbucks
Dining
132,317 visits/mo
0.1 miles
McDonald's
Dining
65,567 visits/mo
0.3 miles
McDonald's
Dining
52,443 visits/mo
0.3 miles
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.5 miles
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
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Market
Average Price Trend$/SF for Conventional restaurants in Chicago, IL
Properties on Market for Conventional restaurants in Chicago
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- Market Creations — 101 N Wacker Dr, Chicago, IL 60606
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant-configured space occupies a tower with condominium, office and retail components.
Where is this conventional restaurant located?
The property is located at 1 E Erie St. Chicago, IL.
What are key features of this property?
This property features: Restaurant‑configured space in a 49‑story tower; Building includes 467 condominium units; 110,000 square feet of office space and 14,853 of retail space
