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Restaurant Penthouse with Private Elevator

505 N Lake Shore Dr Chicago, IL 60611

505 N Lake Shore Dr, Chicago, IL, 60611
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For Sale
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Penthouse-level restaurant space on the 70th floor with a commercial kitchen and private elevator access.

Property Size7,651 SF
Days on Market92

Property Features for 505 N Lake Shore Dr

General Information

Standard status
Active
Size
7,651 SF
Property subtype
Retail
Listing agency Chicago Real Estate Resources Inc
Listed by Tuyen Nguyen · License #IL
Source Crexi
Added: Apr 21 Updated: Jul 21 at 4:30AM Checked: Jul 21 at 4:30AM

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 Chicago Real Estate Resources Inc


Investment Insights

Based on property information with market context.

This penthouse-level restaurant space is located on the 70th floor of Lake Point Tower and totals approximately 7,651 square feet. The main venue includes a commercial kitchen, seating for 142 guests, and floor-to-ceiling windows with 360-degree views. Private elevator access supports guest arrival and operations.

An additional approximately 2,650 square feet of private second-floor suites is included, featuring prep kitchens, executive offices, walk-in freezers and coolers, laundry facilities, and extensive storage.

The offering is described as formerly the Cit2 restaurant, and the space is presented as a turnkey layout with both front-of-house and back-of-house components intended to support restaurant and event-style operations.

Key Highlights

  • Penthouse‑level restaurant/venue on the 70th floor in Lake Point Tower
  • About 5,000 SF with seating for 142 guests and floor‑to‑ceiling windows
  • 360‑degree views of Lake Michigan, Navy Pier, and the Chicago skyline

Property Analytics

Location Intelligence

Current Use by Public Records

Total Shade Inc. Industrial Manufacturer Wakensys Corporation (Bike/Boat/Book/etc) Store Lake Point Tower ... Dental Office Ribbeck Law Chartered Law Firm Chip Law Group Law Firm

Suggested Use

(Bike/Boat/Book/etc) Store Home Appliance Store Pet Grooming Service Tattoo & Piercing Shop Butcher Tanning Salon Restaurant Nursing Home Adult Day Care Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Penthouse-level restaurant space on the 70th floor with a commercial kitchen and private elevator access.
Where is this conventional restaurant located?
The property is located at 505 N Lake Shore Dr Chicago, IL.
What are key features of this property?
This property features: Penthouse‑level restaurant/venue on the 70th floor in Lake Point Tower; About 5,000 SF with seating for 142 guests and floor‑to‑ceiling windows; 360‑degree views of Lake Michigan, Navy Pier, and the Chicago skyline
Contact an agent
(773) 879-0713 Call to check price and availability
More about this property
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