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Second-Generation Restaurant Fronting Wells Street
For Lease
Contact for pricing

120 N La Salle St, Chicago, IL 60602

Restaurant space available for lease in a 40-story Class A office tower, with frontage on Wells Street.

Space Size4,740 SF
Days on Market1315

Property Features for 120 N La Salle St

General Information

Standard status Active
Size 4,740 SF
Class A
Property subtype RETAIL

Building Details

Stories 40

Spaces For Lease

at 120 N La Salle St Contact us

120 N La Salle St

Floor
1
Size
4,740 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Designed by legendary architect helmut jahn, 120 n. lasalle is a 400,277 square...
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Listing Agency: Stone Real Estate Corp.
Listed By: William Winter
Source: Moodyscre
Added: Feb 2, 2023 Changed: Aug 8 Last Checked: Sep 9 at 7:17AM

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.

120 N La Salle is a 40-story, Class A office building totaling 400,277 square feet, designed by legendary architect Helmut Jahn, located in Chicago’s financial district.

The available space fronts Wells Street and is positioned for a second-generation restaurant opportunity. The surrounding area is home to a mix of well-known retailers and hospitality concepts, including Walgreens and Potbelly, along with restaurants and dining options such as City Social, Randolph Tavern, Beatrix Market, Primebar, Kitchen United, Left Coast, 5411 Empanadas, Protein Bar, Benjyehuda, GRK Kitchen, and Dei Giovanni.

The suite size is listed as 4,740 square feet.

Key Highlights

  • Restaurant space available for lease in a 40‑story Class A office tower
  • Building fronts Wells Street
  • Located in Chicago’s Financial District at 120 N. LaSalle

Property Analytics

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Current Use

Lakefront Supportive Housing Apartment Building JC Anderson General Contractor Kaba Richard A Law Firm Richard F. Burke, ... Law Firm Stanko McCarthy Law ... Law Firm

Suggested Use

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

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

41,763
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 47% Dining 30% Apparel 18% Shops & Services 6%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.3 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.3 miles
Lou Malnati's Pizzeria Dining
7,637 visits/mo 0.5 miles
The Smith Dining
6,546 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,222 visits/mo 0.5 miles

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$35.13 /SF/Yr
Avg Asking Price
$19.5–$55 /SF/Yr
Price Range
3,982 SF
Avg Space Size

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 - Restaurant space available for lease in a 40-story Class A office tower, with frontage on Wells Street.
Where is this conventional restaurant located?
The property is located at 120 N La Salle St Chicago, IL.
What are key features of this property?
This property features: Restaurant space available for lease in a 40‑story Class A office tower; Building fronts Wells Street; Located in Chicago’s Financial District at 120 N. LaSalle
(312) 878-9445 Call to check price and availability
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