Waterfront Restaurant/Hospitality Opportunity

401-465 E Illinois St, Chicago, IL

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Unique 34,000 SF restaurant/hospitality space in Chicago's Streeterville neighborhood.

Type:RETAIL

Property size:

34,000 SF

Lot size:

2.76 Acres

HighLights

Prime waterfront location in Chicago's Streeterville neighborhood with high foot traffic.
Large ±34,000 SF restaurant/hospitality space with flexible demising options.
Fully appointed 2nd generation space with multiple kitchens, bathrooms, HVAC, bowling alleys, bocce courts, and dual venting including live fuel system.
Rare outdoor dockside seating on Ogden Slip.
Strong co‑tenancy with established businesses.
Located one block from Chicago's Navy Pier with on‑site parking garage.

We can help!

Listing Contact

Wayne Caplan

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For Lease

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Unique 34,000 SF restaurant/hospitality space in Chicago's Streeterville neighborhood.

Type:RETAIL

Property size:

34,000 SF

Lot size:

2.76 Acres

Added:: Feb 24, 2025
Days on Market:: 476
Last Refresh:: May 20 at 8:23 pm

Property Features for 401-465 E Illinois St

General Information

Standard status: Active
Size: 34,000 SF
Lot size: 2.76 Acres
Property subtype: RETAIL

Spaces For Lease

at 401-465 E Illinois St Contact us

We can help!

Listing Contact

Wayne Caplan

Listing agent Jim Martin License #475132248

Listing office SVN | Chicago - Corporate

Listing date Feb 24, 2025

Source Moodyscre

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 SVN | Chicago - Corporate

HighLights

Prime waterfront location in Chicago's Streeterville neighborhood with high foot traffic.
Large ±34,000 SF restaurant/hospitality space with flexible demising options.
Fully appointed 2nd generation space with multiple kitchens, bathrooms, HVAC, bowling alleys, bocce courts, and dual venting including live fuel system.
Rare outdoor dockside seating on Ogden Slip.
Strong co‑tenancy with established businesses.
Located one block from Chicago's Navy Pier with on‑site parking garage.

Overview

This one-of-a-kind restaurant/hospitality opportunity is located on the waterfront in Chicago’s Streeterville neighborhood. The space offers approximately 34,000 square feet on the ground floor of a building with 285 luxury apartments. The two-level space can be easily divided into spaces of approximately 22,500 and 11,500 square feet, with additional demising possible into spaces of approximately 4,100, 5,300, 9,800, and 12,400 square feet. The fully appointed second-generation space includes multiple kitchens, bathrooms, HVAC systems, bowling alleys, bocce courts, and outdoor seating. It also features dual venting sources, including a live fuel system. The property is suitable for large-capacity corporate, social, and special event banquet facilities. Entrances and signage are available on Ogden Slip and Illinois Street, with rarely available outdoor dockside seating on Ogden Slip. The location benefits from incredible urban density and foot traffic, with over two million visitors per year. An on-site parking garage is available. The property is one block from Chicago’s Navy Pier. Available February 2025.

Location Intelligence

Current Use by Public Records

Bowling alleys

Suggested Use

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Location Insight

Map
Local Demand

City: Chicago
County: Cook
State: Illinois
Longitude: -87.617
Latitude: 41.8908

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For lease
Restaurants
IL
Chicago
401-465 E Illinois St

What type of property is this?

Restaurant - Unique 34,000 SF restaurant/hospitality space in Chicago's Streeterville neighborhood.

Where is this restaurant located?

The property is located at 401-465 E Illinois St Chicago, IL.

What are key features of this property?

This property features: Prime waterfront location in Chicago's Streeterville neighborhood with high foot traffic.; Large ±34,000 SF restaurant/hospitality space with flexible demising options.; Fully appointed 2nd generation space with multiple kitchens, bathrooms, HVAC, bowling alleys, bocce courts, and dual venting including live fuel system.

401-465 E Illinois St, Chicago, IL

Unique 34,000 SF restaurant/hospitality space in Chicago's Streeterville neighborhood.

Property Features for 401-465 E Illinois St

General Information

Spaces For Lease

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Lease

Logan Square Commercial Space Available

Archer Heights Commercial Storefront Available

River North Professional Suites

River North Professional Suites

Pulaski Road Commercial Space Available

Medical Office Suite with Separate Entrance

Move-in Ready Medical Office Suite

O'Hare Airport

Rehabbed Storefront in High-Traffic Corridor

Rehabbed Storefront in High-Traffic Corridor

IL, Chicago – 110 North Wacker Drive

IL, Chicago - 332 S Michigan Avenue

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