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Restaurant With Commercial Kitchen
For Sale
$450,000

163 N Sangamon Street, Chicago, IL 60607

Existing hood, prep area, refrigeration, and dishwashing infrastructure support restaurant operations.

Property Size2,438 SF
Price / SF$184.58
Days on Market13

Property Features for 163 N Sangamon Street

General Information

Standard status Active
Size 2,438 SF
Property subtype Business Opportunity

Restaurant

Hood Type Type I
Commercial Hood Yes

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $11,340

Building Details

Stories 1
Listing Agency: Century 21 Realty Associates
Listed By: Sharon Wong · License #471011443
Source: Perillorealestategroup
Added: Jul 25 Changed: Aug 3 Last Checked: Aug 5 at 2:26PM

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 Century 21 Realty Associates

Investment Insights

Based on property information with market context.

This 2,438 SF restaurant property at 163 N Sangamon Street includes an open kitchen equipped with a 20-foot Type I hood and black iron system. A separate prep kitchen adds a dishwasher, while a walk-in cooler/freezer supports food-service operations. The space is configured for an established restaurant use with substantial kitchen infrastructure already in place.

The property is located in Chicago’s Fulton Market district, within a few blocks of the Green and Pink Line CTA stations. Access to the Kennedy and Dan Ryan Expressways is available via I-90/94. Nearby businesses and destinations include Nobu Hotel, Soho House, Anthropologie, Lululemon, Starbucks, McDonald's Headquarters, Girl & the Goat, Allbirds, Billy Reid, Walgreens, and Framebridge.

Key Highlights

  • 2,438 SF restaurant property at 163 N Sangamon Street
  • 20‑foot Type I hood with black iron system
  • Separate prep kitchen with dishwasher

Property Analytics

Current Use

KINTON RAMEN WEST ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Buffet Restaurant Clothing & Fashion Store

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
Highway access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

10,519
Businesses Nearby
247k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Groceries 36% Hotels & Casinos 13% Shops & Services 6%
Whole Foods Market Groceries
48,567 visits/mo 0.3 miles
Punch Bowl Social Dining
48,113 visits/mo 0.1 miles
Jewel-Osco Groceries
37,290 visits/mo 0.3 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.3 miles
Shake Shack Dining
14,493 visits/mo 0.1 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

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
Questions? Ask Rey
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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 - Existing hood, prep area, refrigeration, and dishwashing infrastructure support restaurant operations.
Where is this conventional restaurant located?
The property is located at 163 N Sangamon Street Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2,438 SF restaurant property at 163 N Sangamon Street; 20‑foot Type I hood with black iron system; Separate prep kitchen with dishwasher
More about this property
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