West Loop Restaurant Space
For Lease
Contact for pricing
310 S Halsted St, Chicago, IL 60661
Turnkey restaurant space in Chicago's vibrant West Loop neighborhood.
Space Size5,000 SF
Property Size19,875 SF
Days on Market171
Property Features for 310 S Halsted St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail, Restaurant
Lease Type
NNN
Building Details
Building Size
19,875 SF
Year Built
1913
Tenancy
Single
Spaces For Lease
at 310 S Halsted St Contact us- Size
- 5,000 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
SVN | Chicago Commercial
(312) 756-7357
Listed By:
Tim Rasmussen · License #IL 471001877
Source:
Crexi
Added: Mar 4
Changed: Aug 14
Last Checked: Aug 14 at 6:06AM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
This 5,000-square-foot restaurant space is located in Chicago’s West Loop neighborhood. The premises feature a fully built-out commercial kitchen and a lower-level area for additional storage and refrigeration. ADA-compliant restrooms are installed. The layout includes a full-service bar separated from the main dining room, accommodating simultaneous bar traffic and dining service, private events, buyouts, and group dining. The property is located at 310 S. Halsted, in the West Loop/Fulton Market corridor, near the University of Illinois at Chicago campus. The neighborhood has experienced population and income growth. Within a half-mile radius, the population exceeds 19,000 residents, with an average household income of more than $182,000 annually. Between 2015 and 2025, over 10,000 luxury apartment units are projected to be delivered. Since 2014, approximately 8 million square feet of new office space has been developed. The property offers access to I-90/94, the CTA Blue Line, Metra stations, and CTA bus routes. This space is suited for an experienced operator seeking a turnkey opportunity.
Key Highlights
- Prime West Loop location in a high‑growth area with strong demographics.
- Turnkey restaurant space with a fully built‑out commercial kitchen and existing restaurant infrastructure.
- 5,000 square feet** designed for efficient restaurant operations, including a full‑service bar separated from the main dining area.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
15,560
Businesses Nearby
292k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 39%
Groceries 37%
Hotels & Casinos 11%
Dining 6%
Target
Superstores
112,849 visits/mo
0.5 miles
H Mart
Groceries
57,270 visits/mo
0.1 miles
Whole Foods Market
Groceries
48,567 visits/mo
0.3 miles
Hampton Inn Chicago Downtown West Loop
Hotels & Casinos
16,073 visits/mo
0.4 miles
Crowne Plaza Chicago West Loop
Hotels & Casinos
10,607 visits/mo
0.2 miles
Demographics for 60661, IL
11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$28.81 /SF/Yr
Avg Asking Price
$18–$55 /SF/Yr
Price Range
3,820 SF
Avg Space Size
This space is priced 25% below the average of $28.81 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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 - Turnkey restaurant space in Chicago's vibrant West Loop neighborhood.
Where is this conventional restaurant located?
The property is located at 310 S Halsted St Chicago, IL.
What is the lease rate?
The lease rate is $21.60 SF/Yr.
What are key features of this property?
This property features: Prime West Loop location in a high‑growth area with strong demographics.; Turnkey restaurant space with a **fully built‑out commercial kitchen** and existing restaurant infrastructure.; 5,000 square feet** designed for efficient restaurant operations, including a full‑service bar separated from the main dining area.
