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Flagship Restaurant/Retail Space
For Sale
Contact for pricing
Pending

320 S Michigan Ave, Chicago, IL 60604

Flagship restaurant/retail opportunity with black iron infrastructure, outdoor seating, and a rear loading dock.

Property SizeContact for details
Days on Market144

Property Features for 320 S Michigan Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Dock-High Doors 1

Amenities

outdoor seating
Listing Agency: Kudan Group
Listed By: Juan Carlos Gomez · License #IL
Source: Crexi
Added: Apr 10 Changed: Aug 21 Last Checked: Aug 31 at 5:14AM

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 Kudan Group

Investment Insights

Based on property information with market context.

This flagship restaurant and retail opportunity offers existing black iron infrastructure in place, along with outdoor seating for guest dining. The building also includes a loading dock located at the rear, supporting delivery and back-of-house logistics.

The property is situated on Michigan Ave in Chicago, presenting a street-facing storefront format for retail and restaurant concepts.

As presented, the space is configured to support foodservice and retail operations with on-site outdoor seating and convenient rear loading access.

Key Highlights

  • Flagship restaurant/retail opportunity on Michigan Ave.
  • Black iron infrastructure in place.
  • Outdoor seating available.

Property Analytics

Current Use

Bye Bye Chicago (Bike/Boat/Book/etc) Store BJB Properties - 320 ... Apartment Complex Cal's Bakery & Cafe Bakery

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Pet Grooming Service Nursing Home Buffet

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

1
Dock-high doors

Location Intelligence

Trade Area within ½ mile

44,748
Businesses Nearby
646k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Apparel 23% Hotels & Casinos 23% Shops & Services 8%
Nordstrom Apparel
136,729 visits/mo 0.2 miles
Starbucks Dining
132,317 visits/mo 0.4 miles
McDonald's Dining
65,567 visits/mo 0.4 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.2 miles
Fogo de Chao Dining
28,749 visits/mo 0.5 miles

Demographics for 60604, IL

897
Population
510
Households
1.8
Avg Household Size
34
Median Age
96%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
8,970
Density / Sq Mi
$77,806
Median Household Income
$54,030
Median Earnings
$2,500
Median Rent
$577,700
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
Rey
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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 - Flagship restaurant/retail opportunity with black iron infrastructure, outdoor seating, and a rear loading dock.
Where is this conventional restaurant located?
The property is located at 320 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Flagship restaurant/retail opportunity on Michigan Ave.; Black iron infrastructure in place.; Outdoor seating available.
(914) 713-3270 Call to check price and availability
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