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Restaurant Space with Type 1 Hoods
For Lease
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200 S Michigan Ave, Chicago, IL 60604

Restaurant space features an open layout with Type 1 hoods and is positioned for heavy pedestrian activity nearby.

Property Size2,085 SF
Days on Market348

Property Features for 200 S Michigan Ave

General Information

Standard status Active
Size 2,085 SF
Property subtype RETAIL

Additional Details

Commercial Hood Yes
Listing Agency: Colliers | Chicago Downtown
Listed By: Hunter Cannon
Source: Moodyscre
Added: Aug 19, 2025 Changed: Jul 26 Last Checked: Jul 31 at 1:10PM

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 Colliers | Chicago Downtown

Investment Insights

Based on property information with market context.

This restaurant space includes a commercial kitchen with an open layout and Type 1 hoods, designed for foodservice operations. The space is offered for lease.

The location is just off Michigan Avenue with heavy pedestrian traffic in the immediate area. It is across the street from the Art Institute, and the Walk Score® is 95 with a Transit Score® of 100, supporting easy access for employees and guests.

With its kitchen setup and open layout, the space is suited for concepts that need in-line hood infrastructure and an efficient front-to-back operating flow within a restaurant environment.

Key Highlights

  • Restaurant space with an open layout
  • Open layout includes Type 1 hoods
  • Located just off Michigan Avenue with heavy pedestrian activity nearby

Property Analytics

Current Use

Cchoice Dental Dental Office Bowman Phillip B Law Firm The Cliff Dwellers Community Center Howard & Howard Attorneys ... Law Firm Leo G. Aubel ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Buffet Adult Day Care 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
Commercial hood
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

26,675
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Hotels & Casinos 20% Apparel 20% Dining 14%
BP Shops & Services
25,664 visits/mo 0.3 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.4 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.3 miles
McDonald's Dining
9,419 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.5 miles

Demographics for 60604, IL

897
Population
510
Households
1.8
Avg Household Size
34
Median Age
96%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
8,970
Density / Sq Mi
$77,806
Median Household Income
$54,030
Median Earnings
$2,500
Median Rent
$577,700
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
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Restaurant space features an open layout with Type 1 hoods and is positioned for heavy pedestrian activity nearby.
Where is this commercial kitchen located?
The property is located at 200 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Restaurant space with an open layout; Open layout includes Type 1 hoods; Located just off Michigan Avenue with heavy pedestrian activity nearby
(773) 220-4821 Call to check price and availability
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