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Restaurant Space in Apartment Building
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304 South Jefferson Street, Chicago, IL 60661

Second-generation restaurant space near Union Station and Ogilvie Metra.

Days on Market78

Property Features for 304 South Jefferson Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Dan Tausk
Source: Midamericagrp
Added: May 14 Changed: Jul 10 Last Checked: Jul 30 at 3:47AM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This second-generation restaurant space is located at the base of a 190-unit apartment building. The space features a Type 2 hood, two restrooms, and a slop sink. Benefiting from abundant natural light, the property offers 23 feet of frontage. It provides convenient access to the Expressway and is situated within a dense residential and office area. The location is one block from Union Station and four blocks from Ogilvie Metra.

Key Highlights

  • Second‑Gen Restaurant Space with Type 2 Hood in place.
  • Located at the base of a 190‑unit apartment building.
  • Convenient access to the Expressway in a dense residential and office population.

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Clothing & Fashion Store Restaurant Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,938
Businesses Nearby
184k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Home Improvements & Furnishings 35% Dining 11% Shops & Services 8%
Jewel-Osco Groceries
75,447 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
64,191 visits/mo 0.5 miles
Shell Shops & Services
8,435 visits/mo 0.1 miles
Cinnaholic Dining
7,699 visits/mo 0.4 miles
GameStop Electronics
6,432 visits/mo 0.5 miles

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value

Market

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
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Similar Off Market Nearby

  • Market Creations — 101 N Wacker Dr, Chicago, IL 60606

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant space near Union Station and Ogilvie Metra.
Where is this conventional restaurant located?
The property is located at 304 South Jefferson Street Chicago, IL.
What are key features of this property?
This property features: Second‑Gen Restaurant Space with Type 2 Hood in place.; Located at the base of a 190‑unit apartment building.; Convenient access to the Expressway in a dense residential and office population.
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