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    50 W Washington St Chicago, IL 60602

    For Lease
    Contact for pricing

    Cafe space in Richard J Daley Center's pedway.

    Property size:
    1,130 SF
    Lot size:
    2.51 Acres

    Property Features for 50 W Washington St

    General Information

    Size
    1,130 SF
    Lot size
    2.51 Acres

    Source: Transwestern | Chicago Agent Mark Buth

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

    Overview

    Richard J Daley Center Cafe

    This retail space is located in the Richard J Daley Center's pedway. The property includes 705 square feet of retail space, a 208-square-foot seating area, and 217 square feet of storage space, totaling 1130 square feet. The location benefits from over 10,000 pedway visitors and is continuing to grow. This space is suitable for coffee shops and restaurants.
    Location Intelligence

    Current Use by Public Records

    Dynamic Solutions Group ... Computer Support And Services Hair Transplant Chicago Doctor Daley Plaza Government Office christmas market Market City Market at Daley ... Fresh Food Market

    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

    Starbucks, Bubble & Brew, necessary & sufficient coffee - Printers Row, Pure Green- Juice Bar South Loop, Liiptly Co

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6301906
    Latitude
    41.8840894

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    FAQs

    What type of property is this?
    Coffee shop - Cafe space in Richard J Daley Center's pedway.
    Where is this coffee shop located?
    The property is located at 50 W Washington St Chicago, IL.
    What are key features of this property?
    This property features: - High foot traffic location in Richard J Daley Center's pedway (over 10,000 visitors and growing).; - Rarely available cafe space.; - Dedicated retail space (705 RSF).
    (312) 881-7000
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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 W Washington St Chicago, IL 60602
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