Established Restaurant in Prime
For Sale
$4,500,000
West Adams Street, Chicago, IL 60612
Restaraunt
Property Size54,000 SF
Price / SF$83.33
Days on Market656
Property Features for West Adams Street
General Information
Standard status
Active
Property type
Restaurants, Horse & equestrian properties, Farms, Retail properties & Spaces, Agricultural properties
Size
54,000 SF
Net Rentable
5,400 SF
Elevators
N/A
Listed By:
Nathaniel Alexander Iii Montgomery-johnson
123123123
Added: Dec 27, 2024
Changed: May 4
Investment Insights
Based on property information with market context.
An incredible opportunity exists to own a thriving coffee shop. This well-established cafe is known for its inviting ambiance, loyal customer base, and a reputation for serving top-quality coffee and fresh pastries. The restaurant is located in a prime city-center location with high foot traffic, surrounded by offices, shops, and attractions. The business is a turnkey operation with a fully equipped kitchen, modern espresso machines, and chic interior design. It has a recognizable name with excellent reviews and a strong social media presence. The property, located on West Adams Street, Chicago, Illinois, offers growth potential for expanding menu offerings or hosting events. The property size is 54000. This is an opportunity to step into a profitable and well-loved business in a bustling urban hub.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,351
Businesses Nearby
38k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 26%
Hotels & Casinos 17%
BP
Shops & Services
22,142 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,042 visits/mo
0.3 miles
Courtyard Chicago At Medical District/Uic
Hotels & Casinos
6,401 visits/mo
0.4 miles
Sbarro
Dining
1,846 visits/mo
0.5 miles
Demographics for 60612, IL
34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
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Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Restaurant - Restaraunt
Where is this restaurant located?
The property is located at West Adams Street Chicago, IL.
What is the asking price?
The asking price for this property is $4,500,000.
