Restaurant Space with Chef’s
For Lease
$35 SF/Yr
1312 S Wabash Avenue, Chicago, IL 60605
Built-out restaurant space with multiple dining areas, bar facilities, sidewalk seating, and a basement.
Space SizeContact for details
Days on Market118
Property Features for 1312 S Wabash Avenue
General Information
Standard status
Active
Zoning
MULTI
Taxes and HOA fees
Annual Taxes
$82,630
Building Details
Year Built
1890
Stories
4
Units
1
Listing Agency:
Thornton Properties of Chicago INC
(312) 880-0000
Listed By:
Kevin Thornton
(312) 880-0000
Source:
Allinonerealestateco
Added: Apr 17
Changed: Aug 9
Last Checked: Aug 11 at 1:56PM
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 Thornton Properties of Chicago INC
Investment Insights
Based on property information with market context.
This restaurant property offers a completed 2020 buildout with a main bar, back bar, three dining areas or rooms, and a private chef’s table dining room. The premises also include sidewalk seating, a large basement, and a commercial kitchen with new hoods, plumbing, electrical service, and HVAC serving the space.
New overhead and sidewalk-level digital programmable signage adds dedicated branding infrastructure. The building was constructed in 1890 and is identified with MULTI zoning. The property is located at 1312 S Wabash Avenue in Chicago’s South Loop, within an established restaurant corridor.
New overhead and sidewalk-level digital programmable signage adds dedicated branding infrastructure. The building was constructed in 1890 and is identified with MULTI zoning. The property is located at 1312 S Wabash Avenue in Chicago’s South Loop, within an established restaurant corridor.
Key Highlights
- Completed restaurant buildout from 2020
- Main bar, back bar, and three dining areas or rooms
- Private chef’s table dining room and sidewalk seating
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,377
Businesses Nearby
274k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Groceries 35%
Apparel 7%
Hotels & Casinos 4%
Target
Superstores
131,620 visits/mo
0.4 miles
Mariano's
Groceries
50,480 visits/mo
0.4 miles
Jewel-Osco
Groceries
46,012 visits/mo
0.2 miles
H&M
Apparel
18,041 visits/mo
0.4 miles
Dunkin' Donuts
Dining
7,724 visits/mo
0.3 miles
Demographics for 60605, IL
34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 SF
Avg Space Size
This space is priced 11% above the average of $31.5 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Built-out restaurant space with multiple dining areas, bar facilities, sidewalk seating, and a basement.
Where is this conventional restaurant located?
The property is located at 1312 S Wabash Avenue Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Completed restaurant buildout from 2020; Main bar, back bar, and three dining areas or rooms; Private chef’s table dining room and sidewalk seating
