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Restaurant Space with River Views
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110 N Wacker Dr, Chicago, IL

Restaurant space with Chicago River views and outdoor seating.

Property Size12,500 SF
Lot Size0.98 Acres
Days on Market1278

Property Features for 110 N Wacker Dr

General Information

Standard status Active
Size 12,500 SF
Lot size 0.98 Acres
Property subtype RETAIL
Listing Agency: Stone Real Estate Corp.
Listed By: David Stone
Source: Moodyscre
Added: Feb 2, 2023 Changed: Jul 6 Last Checked: Jul 21 at 6:23AM

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 Stone Real Estate Corp.

Investment Insights

Based on property information with market context.

Restaurant space is available along Wacker Drive, offering Chicago River views and outdoor seating. The space is part of a 53-story, 1.4 million-square-foot office building, with Bank of America as the office anchor, scheduled for delivery in the fourth quarter of 2020. The Chicago Riverwalk, recently completed, provides 1.3 miles of park and retail space from Lake Michigan to 110 N Wacker. This public space is expected to attract 2.8 million new visitors annually, adding demand to 110 N Wacker. Tenants will have access to this area for entertainment and recreation, as well as a tranquil commute path. The property offers 12,500 square feet of space.

Key Highlights

  • Class A office building anchored by Bank of America.
  • Restaurant space with Chicago River views and outdoor seating.
  • Access to the Chicago Riverwalk, a 1.3‑mile park and retail space.

Property Analytics

Current Use

Merrill Lynch Private ... Financial Advisor Merrill Lynch Private ... Financial Advisor Merrill Lynch Private ... Financial Advisor Merrill Lynch Private ... Financial Advisor Merrill Lynch Private ... Financial Advisor

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Auto Repair Shop Adult Day Care

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

36,014
Businesses Nearby
84k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 62% Apparel 16% Dining 16% Shops & Services 5%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.5 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.4 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.4 miles
The Smith Dining
6,546 visits/mo 0.5 miles
Dunkin' Donuts Dining
6,222 visits/mo 0.3 miles

Market

Lease Benchmarks for Chicago, IL

$32.3 /SF/Yr
Avg Asking Price
$16–$65 /SF/Yr
Price Range
7,177 SF
Avg Space Size

Properties on Market for Restaurants in Chicago

Feb
Mar
Apr
May
Jun
Jul

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
Rey
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Similar Off Market Nearby

  • Robertglenn Catering — 150 S Wacker Dr, Chicago, IL 60606
  • Alonti Catering Kitchen — 127 W Van Buren St, Chicago, IL 60605
  • LunchBots — 300 S Riverside Plaza, Chicago, IL 60606
  • Chartwells — 525 S State St, Chicago, IL 60605
  • ComplEAT Cuisine CHI — 644 S Halsted St, Chicago, IL 60607

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space with Chicago River views and outdoor seating.
Where is this restaurant located?
The property is located at 110 N Wacker Dr Chicago, IL.
What are key features of this property?
This property features: Class A office building anchored by Bank of America.; Restaurant space with Chicago River views and outdoor seating.; Access to the Chicago Riverwalk, a 1.3‑mile park and retail space.
(312) 372-2657 Call to check price and availability
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