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    738-744 S Dearborn St Chicago, IL 60654

    For Lease
    Contact for pricing

    Fully equipped restaurant space with indoor and outdoor seating.

    Property size:
    10,000 SF
    Lot size:
    0.04 Acres

    Property Features for 738-744 S Dearborn St

    General Information

    Size
    10,000 SF
    Lot size
    0.04 Acres

    Source: CBRE | Chicago Agent Cliff Vann

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

    Overview

    Turn-Key Restaurant Space Available

    This is a single-tenant, free-standing restaurant space, fully equipped and operational, ready for immediate use. The property features a unique retractable skylight on the second floor, creating a flexible indoor and outdoor dining environment. The interior seating capacity is 294, with an additional 28 seats available for outdoor dining, bringing the total seating capacity to 322. Prime outdoor seating is available along Polk Street, offering high visibility and attracting foot traffic. The property size is 10000 square feet.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    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

    A Tale of Two Chefs, LM Catering & Events, Melissa's Pal Crepes, Sweet cheats, Chartwells

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6294098
    Latitude
    41.8725797

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped restaurant space with indoor and outdoor seating.
    Where is this restaurant located?
    The property is located at 738-744 S Dearborn St Chicago, IL.
    What are key features of this property?
    This property features: - Fully equipped and operational restaurant space ready for immediate use.; - High seating capacity: 294 interior + 28 exterior = 322 total.; - Unique retractable skylight on the second floor for indoor/outdoor dining.
    (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
    738-744 S Dearborn St Chicago, IL 60654
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