Second-Generation Restaurant
New
For Sale
Contact for pricing
328 North Michigan Avenue, Chicago, IL 60601
Existing Type I hood and basement storage support a ready restaurant configuration.
Property SizeContact for details
Days on Market3
Property Features for 328 North Michigan Avenue
General Information
Standard status
Active
Property subtype
Retail
Restaurant
Hood Type
Type I
Commercial Hood
Yes
Properties For Sale
at 328 North Michigan Avenue Contact us- Size
- 1,933 SF
- Term
- Negotiable
328 N. Michigan Avenue
Listing Agency:
Mid-America Real Estate
(630) 481-4038
Listed By:
Lara Keene · License #475144046
Source:
Midamericagrp
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 10 at 2:47AM
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
Investment Insights
Based on property information with market context.
This conventional restaurant property is configured as second-generation space with an existing Type I black-iron hood. Basement storage is also available, adding useful back-of-house capacity for the premises.
The property is located at 328 North Michigan Avenue in Chicago, within the corridor connecting the Chicago River and Millennium Park. The surrounding area includes tourist and cultural attractions, universities to the south, and concentrations of hotel, office, and residential uses in the surrounding blocks.
The property is located at 328 North Michigan Avenue in Chicago, within the corridor connecting the Chicago River and Millennium Park. The surrounding area includes tourist and cultural attractions, universities to the south, and concentrations of hotel, office, and residential uses in the surrounding blocks.
Key Highlights
- Second‑generation conventional restaurant space
- Existing Type I black‑iron hood
- Basement storage space available
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
31,865
Businesses Nearby
117k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 55%
Shops & Services 23%
Apparel 12%
Dining 10%
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.3 miles
Sheraton Grand Chicago Riverwalk
Hotels & Casinos
28,646 visits/mo
0.5 miles
BP
Shops & Services
25,664 visits/mo
0.1 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.3 miles
McDonald's
Dining
9,419 visits/mo
0.1 miles
Demographics for 60601, IL
15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
Median Home Value
Market
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 - Existing Type I hood and basement storage support a ready restaurant configuration.
Where is this conventional restaurant located?
The property is located at 328 North Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Second‑generation conventional restaurant space; Existing Type I black‑iron hood; Basement storage space available
