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Rooftop Restaurant Space
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For Lease
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5050 N Broadway, Chicago, IL 60640

Built-out restaurant premises with commercial equipment, dedicated elevator access, and expansive outdoor dining space.

Space Size3,943 SF
Days on Market3

Property Features for 5050 N Broadway

General Information

Standard status Active
Size 3,943 SF
Property subtype Retail

Space & Availability

Floor Rooftop
Space Use Restaurant

Restaurant

Patio Yes
Equipment Included Yes

Amenities

ADA restrooms
14’ ceiling heights
Dedicated elevator
ground floor entrance
Unobstructed view

Building Details

Tenancy Multi

Spaces For Lease

at 5050 N Broadway Contact us

Rooftop Restaurant Space

Size
3,943 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Mid-America Real Estate
Listed By: Paul Bryant
Source: Midamericagrp
Added: Aug 30 Changed: Aug 31 Last Checked: Sep 1 at 5:46PM

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 Mid-America Real Estate

Investment Insights

Based on property information with market context.

This restaurant space occupies the rooftop of The Draper, a 342-unit residential building, and includes an existing built-out bar, three-compartment sink, walk-in cooler/freezer, and ADA restrooms. The premises also feature 14-foot ceiling heights, a dedicated elevator, and a ground-floor entrance. An additional lounge or reception area of approximately 2,000 square feet may be available on the ground floor.

Outdoor operations are supported by a 2,126-square-foot patio and terrace. The space offers unobstructed views toward the Chicago skyline and Lake Michigan, with the property located at 5050 N Broadway in Chicago’s Uptown neighborhood.

Key Highlights

  • Restaurant space on the rooftop of The Draper, a 342‑unit residential building
  • 2,126 sf outdoor patio and terrace space
  • Existing bar, three‑compartment sink, and walk‑in cooler/freezer

Property Analytics

Current Use

Exquisite Plumbing Company HVAC Service Red Eye V ... Photography Service Courtesy Roofing And Landscaping Roofing Company Immaculate Cleaners Chicago Hardware & Home Improvement Imperial Realty Co Real Estate Agency

Suggested Use

Top Pick Auto Parts Store Nursing Home Home Appliance Store (Bike/Boat/Book/etc) Store Building Supply Tanning Salon

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,413
Businesses Nearby
141k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 42% Groceries 27% Dining 26% Home Improvements & Furnishings 6%
Mariano's Groceries
38,415 visits/mo 0.3 miles
McDonald's Dining
27,614 visits/mo 0.2 miles
BP Shops & Services
17,307 visits/mo 0.1 miles
Citibank Shops & Services
12,016 visits/mo 0.3 miles
Shell Shops & Services
8,883 visits/mo 0.2 miles

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.92 /SF/Yr
Avg Asking Price
$17–$64 /SF/Yr
Price Range
4,100 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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Built-out restaurant premises with commercial equipment, dedicated elevator access, and expansive outdoor dining space.
Where is this conventional restaurant located?
The property is located at 5050 N Broadway Chicago, IL.
What are key features of this property?
This property features: Restaurant space on the rooftop of The Draper, a 342‑unit residential building; 2,126 sf outdoor patio and terrace space; Existing bar, three‑compartment sink, and walk‑in cooler/freezer
More about this property
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