Conventional Restaurant with
For Lease
Contact for pricing
311 N SANGAMON ST, Chicago, IL 60607
Includes an existing kitchen, back-of-house areas, and basement space.
Space Size7,650 SF
Days on Market72
Property Features for 311 N SANGAMON ST
General Information
Standard status
Active
Size
7,650 SF
Net Rentable
13,900 SF
Property subtype
Retail, Restaurant
Space & Availability
Available Space
13,900 SF
Contiguous Space
13,900 SF
Floor
Ground + Mezzanine
Space Use
Restaurant
Amenities
high ceilings (15'+)
two-sided exposure
existing kitchen
Building Details
Building Size
7,650 SF
Year Built
1881
Tenancy
Single
Spaces For Lease
at 311 N SANGAMON ST Contact us- Size
- 7,650 SF
- Type
- Restaurant
- Availability
- Active
Space 1
Listing Agency:
33 Realty LLC
(773) 245-0587
Listed By:
Sean Connelly · License #IL 481011345
Source:
Crexi
Added: Jun 22
Changed: Aug 29
Last Checked: Sep 1 at 3:47AM
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 33 Realty LLC
Investment Insights
Based on property information with market context.
This conventional restaurant space includes 6,250 SF on the ground floor, a 1,400 SF mezzanine, and a 6,250 SF basement. The mezzanine can accommodate a private lounge, cocktail bar, speakeasy, showroom, or elevated retail concept. Existing kitchen and back-of-house areas are in place, while 15'+ ceiling heights add volume throughout the venue.
The property occupies the corner of N. Sangamon and W. Wayman in Fulton Market, with exposure on two sides. The surrounding corridor includes dining, hospitality, office, and retail destinations. An adjacent combination with 310 N. Peoria is also offered as a potential way to create a 10,500 SF flagship floorplate with an elevated covered patio along Wayman.
The property occupies the corner of N. Sangamon and W. Wayman in Fulton Market, with exposure on two sides. The surrounding corridor includes dining, hospitality, office, and retail destinations. An adjacent combination with 310 N. Peoria is also offered as a potential way to create a 10,500 SF flagship floorplate with an elevated covered patio along Wayman.
Key Highlights
- 6,250 SF ground‑floor restaurant space with a 1,400 SF mezzanine
- 6,250 SF basement with substantial back‑of‑house area
- 15'+ ceiling heights and two‑sided corner exposure
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
9,699
Businesses Nearby
214k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 40%
Hotels & Casinos 10%
Shops & Services 5%
Whole Foods Market
Groceries
48,567 visits/mo
0.4 miles
Punch Bowl Social
Dining
48,113 visits/mo
0.1 miles
Jewel-Osco
Groceries
37,290 visits/mo
0.2 miles
Hampton Inn Chicago Downtown West Loop
Hotels & Casinos
16,073 visits/mo
0.4 miles
Shake Shack
Dining
14,493 visits/mo
0.2 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
Lease Benchmarks for Chicago, IL
$29.92 /SF/Yr
Avg Asking Price
$17–$64 /SF/Yr
Price Range
4,100 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes an existing kitchen, back-of-house areas, and basement space.
Where is this conventional restaurant located?
The property is located at 311 N SANGAMON ST Chicago, IL.
What are key features of this property?
This property features: 6,250 SF ground‑floor restaurant space with a 1,400 SF mezzanine; 6,250 SF basement with substantial back‑of‑house area; 15'+ ceiling heights and two‑sided corner exposure
