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River North Restaurant Opportunity
For Lease
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50 E Ohio St, Chicago, IL

Second-generation restaurant spaces available in the heart of River North.

Space Size9,853 SF
Lot Size0.76 Acres
Days on Market579

Property Features for 50 E Ohio St

General Information

Standard status Active
Size 9,853 SF
Lot size 0.76 Acres
Property subtype RETAIL

Spaces For Lease

at 50 E Ohio St
50 E Ohio St AVAILABLE, Now
Floor 1
Size 9,853 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- New ownership and representation ( CBRE) 2nd generation restaurant opportunities in the heart of River North +3 million pedestrians and vehicles pass by the site monthly Flexible sizing, spaces ranging from small shop to 9,853 SF Less than one block from the Mag Mile and Bally's Casino
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Listing Agency: CBRE | Chicago
Listed By: Luke Molloy
Source: Moodyscre
Added: Mar 6, 2025 Changed: Sep 5 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 CBRE | Chicago

Investment Insights

Based on property information with market context.

Located in the heart of River North, this property offers second-generation restaurant opportunities. The location benefits from high visibility, with over 3 million pedestrians and vehicles passing by monthly. Spaces are available in flexible sizes, ranging from small shops up to 9,853 square feet. The property is less than one block from the Mag Mile and Bally's Casino.

Key Highlights

  • Prime River North location with high foot and vehicle traffic (+3 million monthly)
  • 2nd generation restaurant opportunities
  • Flexible sizing options, ranging from small shops to a spacious 9,853 SF

Property Analytics

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Current Use

Rush-Ohio-Wabash Row Parking ... Parking Lot & Garage Row Self Park Parking Lot & Garage Stayyy.com Dog Training Animal Training Kristen Apartment Building ChargePoint Charging Station Electric Vehicle Charging Station

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Nursing Home Pet Grooming Service Restaurant 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$33.67 /SF/Yr
Avg Asking Price
$16–$88 /SF/Yr
Price Range
14,214 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

  • 1st & Fresh Catering — 205 W Randolph St Ll1, Chicago, IL 60606
  • Luke's Lobster City Hall — 134 N La Salle St, Chicago, IL 60602
  • Just Like Home Catering — 111 N Wabash Ave, Chicago, IL 60602
  • Exquisite Soulz LLC — 111 N Wabash Ave Ste 100 #3187, Chicago, IL 60602
  • One Eleven Events — 111 N State St #7, Chicago, IL 60602

Frequently Asked Questions

What type of property is this?
Restaurant - Second-generation restaurant spaces available in the heart of River North.
Where is this restaurant located?
The property is located at 50 E Ohio St Chicago, IL.
What are key features of this property?
This property features: Prime River North location with high foot and vehicle traffic (+3 million monthly); 2nd generation restaurant opportunities; Flexible sizing options, ranging from small shops to a **spacious 9,853 SF**
(312) 935-1905 Call to check price and availability
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