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Corner Restaurant Space with Speakeasy
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4 E Ohio St, Chicago, IL 60611

Second-generation restaurant space with strong corner frontage plus a built-out lower-level speakeasy layout.

Property Size3,125 SF
Days on Market115

Property Features for 4 E Ohio St

General Information

Standard status Active
Size 3,125 SF
Property subtype RETAIL

Additional Details

Floor Ground
Listing Agency: Canvas Real Estate
Listed By: Anthony Campagni
Source: Moodyscre
Added: Apr 9 Changed: Jul 31 Last Checked: Aug 1 at 1:56PM

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.

Second-generation restaurant space offering a highly visible corner setting with strong frontage and exposure. The ground floor is approximately 3,270 SF and is suited for full-service dining, cocktail-driven concepts, or luxury retail.

The lower level is approximately 3,125 SF and features a built-out speakeasy concept, designed for private events, lounge use, or experiential programming.

Located at the northeast corner of State Street and Ohio Street in Chicago’s River North, the space benefits from surrounding hospitality activity and established restaurant, nightlife, hotel, and luxury residential density.

Key Highlights

  • Highly visible corner retail/restaurant opportunity at the NE corner of State St and Ohio St
  • Approximately 3,270 SF ground floor for full‑service dining or luxury retail
  • Approximately 3,125 SF built‑out lower‑level speakeasy for private events or lounge use

Property Analytics

Current Use

Over the Shoulder (Bike/Boat/Book/etc) Store Susan Crown Exchange Financial Advisor Parking Advisors Consultant Recycling Programs Inc Recycling Center ParkChirp Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Restaurant Pet Grooming Service Tattoo & Piercing Shop

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

33,588
Businesses Nearby
714k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Hotels & Casinos 22% Apparel 20% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.1 miles
Starbucks Dining
132,317 visits/mo 0.1 miles
McDonald's Dining
65,567 visits/mo 0.3 miles
McDonald's Dining
52,443 visits/mo 0.3 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.5 miles

Demographics for 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
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
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 - Second-generation restaurant space with strong corner frontage plus a built-out lower-level speakeasy layout.
Where is this conventional restaurant located?
The property is located at 4 E Ohio St Chicago, IL.
What are key features of this property?
This property features: Highly visible corner retail/restaurant opportunity at the NE corner of State St and Ohio St; Approximately 3,270 SF ground floor for full‑service dining or luxury retail; Approximately 3,125 SF built‑out lower‑level speakeasy for private events or lounge use
(847) 651-8669 Call to check price and availability
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