Turnkey Restaurant Space with
49 E Cermak Road Chicago, IL 60616
New
For Lease
Contact for pricing
Pending
COMMERCIAL - Chicago, IL
Property Size3,162 SF
Days on Market5
Property Features for 49 E Cermak Road
General Information
- Property type
- Commercial Lease
- Property subtype
- Retail
- Standard status
- Pending
- APN
- 17271010020000
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 43555
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Floors in Building
- 1
Listing Agency:
Keller Williams ONEChicago
(312) 216-2422
Listed By:
Anthony Hardy · License #475139834
(312) 216-2422
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 26 at 4:06AM
MLS# 12713382
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turnkey restaurant space totaling 3,162 SF, purpose-built for high-volume food preparation and service. The layout offers flexibility to lease either 1,581 SF for one restaurant concept or take the entire 3,162 SF premises. Existing commercial kitchen infrastructure includes two 20-foot hoods and one 9-foot hood, fryers, ovens, and high-output cooking lines, plus walk-in coolers, a tilt skillet, a deli slicer, and high-capacity dishwashers supporting multiple preparation and service lines.
Located at 49 E Cermak Road in Chicago’s South Loop area, the property sits along a high-traffic, high-visibility corridor at the convergence of the South Loop, Chinatown, McCormick Place, and Chicago’s lakefront. It is described as about half a block from multiple hotels and steps from McCormick Place and Wintrust Arena, with strong convention and event-driven activity and convenient access to Downtown Chicago and surrounding neighborhoods.
The space is positioned for dine-in, takeout, delivery, and catering operations, with an existing history of restaurant use along the Cermak Road corridor dating back to original use by White Castle in the 1930s.
Located at 49 E Cermak Road in Chicago’s South Loop area, the property sits along a high-traffic, high-visibility corridor at the convergence of the South Loop, Chinatown, McCormick Place, and Chicago’s lakefront. It is described as about half a block from multiple hotels and steps from McCormick Place and Wintrust Arena, with strong convention and event-driven activity and convenient access to Downtown Chicago and surrounding neighborhoods.
The space is positioned for dine-in, takeout, delivery, and catering operations, with an existing history of restaurant use along the Cermak Road corridor dating back to original use by White Castle in the 1930s.
Key Highlights
- 3,162 SF purpose‑built restaurant space at 43–51 E. Cermak Rd, Chicago (South Loop area)
- Lease flexibility for one tenant (full 3,162 SF) or two tenants (1,581 SF each side‑by‑side)
- Substantial kitchen infrastructure: two 20‑ft hoods, one 9‑ft hood, high‑output cooking lines, fryers/ovens, and high‑capacity dishwashers
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mustard Seed Kitchen
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Built-out restaurant space with multiple hood systems, walk-in coolers, and high-capacity dishwashing, offered as 1,581 SF or 3,162 SF.
Where is this conventional restaurant located?
The property is located at 49 E Cermak Road Chicago, IL.
What are key features of this property?
This property features: 3,162 SF purpose‑built restaurant space at 43–51 E. Cermak Rd, Chicago (South Loop area); Lease flexibility for one tenant (full 3,162 SF) or two tenants (1,581 SF each side‑by‑side); Substantial kitchen infrastructure: two 20‑ft hoods, one 9‑ft hood, high‑output cooking lines, fryers/ovens, and high‑capacity dishwashers
