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Inline Retail or Restaurant Space
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1035 W Lake St, Chicago, IL 60607

Inline space features a large commercial kitchen with black iron in place, plus capacity for an exclusive 516 SF outdoor patio.

Property Size3,430 SF
Days on Market1241

Property Features for 1035 W Lake St

General Information

Standard status Active
Size 3,430 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Amenities

commercial kitchen
exclusive outdoor patio
adjacent outdoor area

Building Details

Stories 3
Construction brick and timber
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Kelly Nickele · License #471008163
Source: Moodyscre
Added: Mar 7, 2023 Changed: Jul 27 Last Checked: Jul 29 at 2:21PM

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 offering includes an inline retail or restaurant space with a large commercial kitchen and black iron in place. The space is described as roughly 3,420–3,430 SF and can accommodate an exclusive 516 SF outdoor patio.

The property is part of a three-story, brick and timber boutique office building located at the southwest corner of West Lake Street and North Carpenter Street in Chicago’s Fulton Market. Loading is noted as available via Carpenter Street. An adjacent outdoor area of approximately 1,500 SF is also referenced, and the building is noted as joining a newly signed BodyBar Pilates deal. Estimated delivery is referenced as March 2023, with a summer 2023 delivery also noted.

Key Highlights

  • 3,420 SF inline retail/restaurant space available with large commercial kitchen and black iron in place
  • Inline space can accommodate an exclusive 516 SF outdoor patio
  • ±1,500 SF adjacent outdoor area included

Property Analytics

Current Use

Razbit, Inc. (Bike/Boat/Book/etc) Store Innov8tek Marketing & Advertising Coface North America ... Insurance Agency Vantage Solutions LLC Employment Agency BODYBAR Pilates - Fulton ... Gym & Fitness Center

Suggested Use

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

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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,450
Businesses Nearby
267k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Groceries 33% Hotels & Casinos 6% Shops & Services 5%
Whole Foods Market Groceries
48,567 visits/mo 0.4 miles
Punch Bowl Social Dining
48,113 visits/mo 0.2 miles
McDonald's Dining
38,968 visits/mo 0.5 miles
Jewel-Osco Groceries
37,290 visits/mo 0.4 miles
Shake Shack Dining
14,493 visits/mo 0.0 miles

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$35.06 /SF/Yr
Avg Asking Price
$19.5–$55 /SF/Yr
Price Range
2,881 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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Inline space features a large commercial kitchen with black iron in place, plus capacity for an exclusive 516 SF outdoor patio.
Where is this conventional restaurant located?
The property is located at 1035 W Lake St Chicago, IL.
What are key features of this property?
This property features: 3,420 SF inline retail/restaurant space available with large commercial kitchen and black iron in place; Inline space can accommodate an exclusive 516 SF outdoor patio; ±1,500 SF adjacent outdoor area included
(630) 954-7513 Call to check price and availability
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