Restaurant Space with
For Lease
Contact for pricing
5311 South Lake Park Avenue, Chicago, IL 60615
3,756 SF restaurant space with 800 SF covered patio.
Space SizeContact for details
Days on Market264
Property Features for 5311 South Lake Park Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Chicago
(312) 233-8683
Listed By:
Cliffton Vann
(312) 233-8683
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 6
Last Checked: Aug 12 at 4:35PM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
The available space features 3,756 square feet of interior space, complemented by an approximately 800-square-foot dedicated covered patio with potential expansion options. The space includes existing FF&E, featuring a double-sided kitchen equipped with all necessary equipment and hoods, two walk-in coolers, a full wraparound bar with tappers, and two ADA-compliant restrooms. The Promontory will continue to operate its 7,000 square foot music and event space on the second floor directly above the restaurant. The property is situated along Lake Park Boulevard, immediately south of 53rd Street, within Hyde Park’s main intersection.
Key Highlights
- Includes 3,756 SF space plus 800 SF covered patio with expansion potential.
- Comes with full FF&E (furniture, fixtures, and equipment) in place.
- Features a double‑sided kitchen with all equipment and hoods.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
204k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 26%
Groceries 23%
Home Improvements & Furnishings 6%
Trader Joe's
Groceries
46,061 visits/mo
0.4 miles
McDonald's
Dining
31,625 visits/mo
0.1 miles
BP
Shops & Services
21,850 visits/mo
0.0 miles
Potbelly Sandwich Shop
Dining
13,436 visits/mo
0.3 miles
Elston Ace Hardware
Home Improvements & Furnishings
11,960 visits/mo
0.3 miles
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$28.5 /SF/Yr
Avg Asking Price
$12–$58 /SF/Yr
Price Range
14,144 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- Jack's Fork in the Road — 5801 s ellis ave, chicago, il 60637
- Catering food and drink supplier — 5035 S East End Ave, Chicago, IL 60615
- Lees Catering — 1348 E Hyde Park Blvd, Chicago, IL 60615
Frequently Asked Questions
What type of property is this?
Restaurant - 3,756 SF restaurant space with 800 SF covered patio.
Where is this restaurant located?
The property is located at 5311 South Lake Park Avenue Chicago, IL.
What are key features of this property?
This property features: Includes 3,756 SF space plus 800 SF covered patio with expansion potential.; Comes with full FF&E (furniture, fixtures, and equipment) in place.; Features a **double‑sided kitchen with all equipment and hoods.**
