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Second-Generation Restaurant Space
For Lease
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105 E Cermak Road, Chicago, IL 60616

Fully built-out restaurant premises with kitchen, bar, dining area, and established restaurant infrastructure.

Space Size5,294 SF
Days on Market17

Property Features for 105 E Cermak Road

General Information

Standard status Active
Size 5,294 SF
Net Rentable 5,294 SF
Class B
Property subtype retail

Space & Availability

Available Space 5,294 SF
Contiguous Space 5,294 SF
Space Use Restaurant
Available From Immediate

Additional Details

Highway Access Yes

Spaces For Lease

at 105 E Cermak Road
Available Space 30 Days
Floor 1st
Size 5,294 SF
Term Negotiable
Contact us
Listing Agency: Chicago
Listed By: Peter Caruso · License #475.144084
Source: Property.jll
Added: Sep 16 Changed: Sep 22 Last Checked: Oct 1 at 8:38AM

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 Chicago

Investment Insights

Based on property information with market context.

This 5,294 SF second-generation restaurant space includes a fully built-out kitchen, bar, dining area, and extensive restaurant infrastructure. The premises are positioned at the base of a ~500-room Hilton hotel and occupy a highly visible corner location suited to a range of restaurant and hospitality concepts.

The property is located in Chicago’s South Loop/McCormick Place district, with nearby demand from McCormick Place, Wintrust Arena, area hotels, and surrounding residential development. Access is supported by immediate proximity to I-55, Lake Shore Drive, the CTA Green Line’s Cermak–McCormick Place Station, and CTA bus routes.

Key Highlights

  • 5,294 SF second‑generation restaurant space
  • Fully built‑out kitchen, bar, dining area, and restaurant infrastructure
  • Located at the base of a ~500‑room Hilton hotel

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Law Firm Garden Center Grocery & Convenience 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
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,618
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Dining 37% Shops & Services 23%
Mariano's Groceries
50,480 visits/mo 0.5 miles
White Castle Dining
23,545 visits/mo 0.2 miles
Pizanos Pizza Dining
13,973 visits/mo 0.4 miles
Chase Bank Shops & Services
11,972 visits/mo 0.3 miles
CD One Price Cleaners Shops & Services
8,402 visits/mo 0.3 miles

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$39.1 /SF/Yr
Avg Asking Price
$18–$88 /SF/Yr
Price Range
4,283 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully built-out restaurant premises with kitchen, bar, dining area, and established restaurant infrastructure.
Where is this conventional restaurant located?
The property is located at 105 E Cermak Road Chicago, IL.
What are key features of this property?
This property features: 5,294 SF second‑generation restaurant space; Fully built‑out kitchen, bar, dining area, and restaurant infrastructure; Located at the base of a ~500‑room Hilton hotel
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