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Restaurant Space with Lower Level
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For Lease
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314-318 S Halsted St, Chicago, IL 60607

A recently completed, fully equipped restaurant interior supports a streamlined opening.

Space Size4,210 SF
Property Size9,905 SF
Days on Market6

Property Features for 314-318 S Halsted St

General Information

Standard status Active
Size 4,210 SF
Net Rentable 9,905 SF
Property subtype RETAIL

Space & Availability

Available Space 9,905 SF
Contiguous Space 9,905 SF
Space Use Restaurant

Building Details

Year Built 2025

Spaces For Lease

at 314-318 S Halsted St
314 - 318 S Halsted St AVAILABLE, Now
Floor LL
Size 4,210 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 5,695 SF (+ 4,210 SF lower level) turnkey, second-generation restaurant opportunity in the heart of Greektown. - Prime West Loop location with prominent Halsted Street frontage. - Recently completed in 2025 with a premium, fully built-out restaurant interior. - Move-in-ready opportunity designed to minimize upfront capital and time to opening. - Rare opportunity to acquire a recently completed restaurant buildout in one of Chicago’s most established dining corridors.
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Listing Agency: Canvas Real Estate
Listed By: Anthony Campagni
Source: Moodyscre
Added: Oct 1 Changed: Oct 3 Last Checked: Oct 5 at 8:14PM

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.

This restaurant space includes 5,695 SF at street level and an additional 4,210 SF on the lower level. The interior buildout was completed in 2025 and is configured for restaurant use.

The property has frontage along S Halsted St in Chicago’s Greektown area, within the West Loop. Its two-level configuration pairs a substantial main-floor space with a separate lower level.

Key Highlights

  • 5,695 SF on the main level plus a 4,210 SF lower level
  • Restaurant interior completed in 2025
  • Frontage on S Halsted St in Chicago’s Greektown area

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Restaurant Buffet Adult Day Care Tanning Salon (Bike/Boat/Book/etc) Store 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

15,560
Businesses Nearby
292k
Monthly Visits Nearby
Under-served
Demand for This Use

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 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

$37.25 /SF/Yr
Avg Asking Price
$18–$88 /SF/Yr
Price Range
4,404 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 - A recently completed, fully equipped restaurant interior supports a streamlined opening.
Where is this conventional restaurant located?
The property is located at 314-318 S Halsted St Chicago, IL.
What are key features of this property?
This property features: 5,695 SF on the main level plus a 4,210 SF lower level; Restaurant interior completed in 2025; Frontage on S Halsted St in Chicago’s Greektown area
(847) 651-8669 Call to check price and availability
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