Second-Generation Restaurant and
For Lease
Contact for pricing
222 S Riverside Plz, Chicago, IL 60606
5,259 SF restaurant space with adjoining outdoor patio, plus up to 4,633 SF that can be divided for retail or medical.
Space Size5,259 SF
Days on Market1393
Property Features for 222 S Riverside Plz
General Information
Standard status
Active
Size
5,259 SF
Property subtype
RETAIL
Site & Location
Neighborhood
West Loop
Amenities
outdoor patio
river views
skyline views
direct access to Union Station
customizable façade signage
Spaces For Lease
at 222 S Riverside Plz
222 South Riverside
AVAILABLE, Now
Floor
1
Size
5,259 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- 5,259 SF second generation restaurant space with adjacent outdoor patio offering prime views of the river and skyline
- Up to 4,633 sf space available (divisible) for retail, medical or restaurant with largest adjacent outdoor patio consisting of +/- 1,000 SF
- Space sits below a 1.1 m sf office building with 3,500 employees. -wework in 60,000 sf with 1,100 desks.
- Part of the emerging “southwest loop” with an $800 m renovation of the old post office consisting of 2.8 m sf (uber, walgreens and -ferrara candy) to accommodate an estimated 22,000 new office workers over the next few years generating an additional $90 M in annual spending.
- Direct access to Union Station with 100,000 daily riders. Proposed plans for a $1 billion-plus redevelopment of Union Station to accommodate a hotel, retail and more than 7,000 new office workers by 2021.
- Across the river from the newly renovated willis tower with 15,000 employees and 1.8 M annual visitors.
- Customizable façade signage along adams st and canal st.
- Includes +/- 1,000 sf patio area
Contact us
Listing Agency:
Mid-America Real Estate Group | Oakbrook Terrace
(630) 954-7300
Listed By:
Jaime Bertsche
(630) 954-7223
Source:
Moodyscre
Added: Jan 4, 2023
Changed: Oct 25
Last Checked: Oct 26 at 7:51PM
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 | Oakbrook Terrace
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Investment Insights
Based on property information with market context.
This offering includes 5,259 SF of second-generation restaurant space with an adjacent outdoor patio. The space is also configurable for users needing up to 4,633 SF (divisible), with the largest adjacent outdoor patio area of approximately 1,000 SF included.
The suite is located below a 1.1 million SF office building that includes 3,500 employees, as well as WeWork space totaling 60,000 SF with 1,100 desks. The property provides direct access to Union Station with 100,000 daily riders, and is positioned across the river from Willis Tower, which is described as having 15,000 employees and 1.8 million annual visitors. The building features customizable façade signage along Adams St and Canal St. The surrounding area includes a reported $800 million renovation of the former post office totaling 2.8 million SF, described as accommodating Uber, Walgreens, and Ferrara Candy, with plans to add office workforce and retail activity over the coming years.
The suite is located below a 1.1 million SF office building that includes 3,500 employees, as well as WeWork space totaling 60,000 SF with 1,100 desks. The property provides direct access to Union Station with 100,000 daily riders, and is positioned across the river from Willis Tower, which is described as having 15,000 employees and 1.8 million annual visitors. The building features customizable façade signage along Adams St and Canal St. The surrounding area includes a reported $800 million renovation of the former post office totaling 2.8 million SF, described as accommodating Uber, Walgreens, and Ferrara Candy, with plans to add office workforce and retail activity over the coming years.
Key Highlights
- 5,259 SF second‑generation restaurant space with adjacent outdoor patio
- Outdoor patio offers views of the river and skyline
- Up to 4,633 SF available (divisible) for retail, medical, or restaurant, with a largest adjacent outdoor patio of about 1,000 SF
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
28,228
Businesses Nearby
159k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 68%
Hotels & Casinos 21%
Dining 8%
Shops & Services 3%
H Mart
Groceries
57,270 visits/mo
0.3 miles
Whole Foods Market
Groceries
48,567 visits/mo
0.5 miles
Hampton Inn Chicago Downtown West Loop
Hotels & Casinos
16,073 visits/mo
0.4 miles
Crowne Plaza Chicago West Loop
Hotels & Casinos
10,607 visits/mo
0.4 miles
Dunkin' Donuts
Dining
6,222 visits/mo
0.5 miles
Demographics for 60606, IL
3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$37.82 /SF/Yr
Avg Asking Price
$18–$88 /SF/Yr
Price Range
4,362 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- Market Creations — 101 N Wacker Dr, Chicago, IL 60606
Frequently Asked Questions
What type of property is this?
Conventional restaurant - 5,259 SF restaurant space with adjoining outdoor patio, plus up to 4,633 SF that can be divided for retail or medical.
Where is this conventional restaurant located?
The property is located at 222 S Riverside Plz Chicago, IL.
What are key features of this property?
This property features: 5,259 SF second‑generation restaurant space with adjacent outdoor patio; Outdoor patio offers views of the river and skyline; Up to 4,633 SF available (divisible) for retail, medical, or restaurant, with a largest adjacent outdoor patio of about 1,000 SF
