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    50 E Ohio St Chicago, IL 60611

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    For Lease
    Contact for pricing

    Second-generation restaurant spaces available in the heart of River North.

    Property size:
    9,853 SF
    Lot size:
    0.76 Acres

    Property Features for 50 E Ohio St

    General Information

    Size
    9,853 SF
    Lot size
    0.76 Acres

    Source: CBRE | Chicago Agent Luke Molloy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    River North Restaurant Opportunity

    Located in the heart of River North, this property offers second-generation restaurant opportunities. The location benefits from high visibility, with over 3 million pedestrians and vehicles passing by monthly. Spaces are available in flexible sizes, ranging from small shops up to 9,853 square feet. The property is less than one block from the Mag Mile and Bally's Casino.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rush-Ohio-Wabash Row Parking ... Parking Garage Row Self Park Parking Lot Stayyy.com Dog Training Dog Trainer Kristen Apartment Building ChargePoint Charging Station Electric Vehicle Charging Station

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    One Eleven Events, 1st & Fresh Catering, Just Like Home Catering, Luke's Lobster City Hall, Exquisite Soulz LLC

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6260783
    Latitude
    41.8927633

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    FAQs

    What type of property is this?
    Restaurant - Second-generation restaurant spaces available in the heart of River North.
    Where is this restaurant located?
    The property is located at 50 E Ohio St Chicago, IL.
    What are key features of this property?
    This property features: - Prime River North location with high foot and vehicle traffic (+3 million monthly); - 2nd generation restaurant opportunities; - Flexible sizing options, ranging from small shops to a **spacious 9,853 SF**
    (312) 935-1400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    50 E Ohio St Chicago, IL 60611
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