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Second-Generation Restaurant Spaces
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19 S Lasalle St, Chicago, IL 60603

Two second-generation restaurant spaces are available with frontage on N. LaSalle St and Arcade Pl.

Property Size2,195 SF
Days on Market277

Property Features for 19 S Lasalle St

General Information

Standard status Active
Size 2,195 SF
Property subtype RETAIL
Listing Agency: Canvas Real Estate
Listed By: Andrew Becker
Source: Moodyscre
Added: Oct 27, 2025 Changed: Jul 27 Last Checked: Jul 30 at 1:43PM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

Two second-generation restaurant spaces are available for lease at 19 S LaSalle St, including 2,195 SF fronting N. LaSalle St. A second space totals 4,594 SF fronting Arcade Pl, with demising options available for flexible layouts.

Both offerings are described as having existing restaurant infrastructure, supporting immediate tenant buildout compared to raw space. This configuration is suited to restaurateurs looking for an established foundation for kitchen and operational components.

The property provides street-facing frontage on two different sides, creating multiple entry and exposure points for dining concepts within the same overall building address.

Key Highlights

  • Two second‑generation restaurant spaces available
  • 2,195 SF space fronting N. LaSalle St.
  • 4,594 SF space fronting Arcade Pl (demising options available)

Property Analytics

Current Use

Fathers Rights Law Firm Law Offices of Matthew ... Law Firm India Passport Application ... Travel Agency Lubin Austermuehle, P.C. Law Firm DiTommaso Law Group ... Law Firm

Suggested Use

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

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

38,744
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 59% Apparel 22% Shops & Services 14% Dining 4%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.5 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
4,436 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.5 miles
McCormick & Schmick's Dining
2,731 visits/mo 0.5 miles

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
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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Similar Off Market Nearby

  • Market Creations — 101 N Wacker Dr, Chicago, IL 60606

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two second-generation restaurant spaces are available with frontage on N. LaSalle St and Arcade Pl.
Where is this conventional restaurant located?
The property is located at 19 S Lasalle St Chicago, IL.
What are key features of this property?
This property features: Two second‑generation restaurant spaces available; 2,195 SF space fronting N. LaSalle St.; 4,594 SF space fronting Arcade Pl (demising options available)
(312) 231-2600 Call to check price and availability
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