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Ground-Floor Conventional Restaurant Space
New
For Lease
$35 SF/Yr

555 W Kinzie St, Chicago, IL 60654

Restaurant-ready premises with existing infrastructure, residential adjacency, and an included upper-level area for office or private dining use.

Space Size3,000 SF - 6,172 SF
Property Size920,778 SF
Days on Market3

Property Features for 555 W Kinzie St

General Information

Standard status Active
Size 3,000 SF - 6,172 SF
Net Rentable 6,200 SF
Property subtype Retail - Restaurant

Space & Availability

Available Space 6,200 SF
Floor Ground

Site & Location

Anchor Co-Tenants Shine Kinzie Spa, Brushhaus Dental, Akumin MRI Center
Highway Access Yes

Building Details

Building Size 920,778 SF
Year Built 2010

Spaces For Lease

at 555 W Kinzie St Contact us

579 $35/SF/Yr

Size
3,000-6,172 SF
Type
Restaurant
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Chicago Commercial
Listed By: Wayne Caplan · License #475132248
Source: Commercialcafe
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 8:00AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

Ground-floor restaurant space at Alta luxury high-rise apartments, positioned within an 848-unit residential complex with over 1200 residents. The approximately 6,200 SF premises include black iron ductwork, ADA-compliant bathrooms, HVAC, and distributed electrical service. An included second-floor area provides office, storage, and private dining space, while the layout can accommodate an 80-100-seat outdoor dining component. An attached indoor garage provides +700 car parking.

The property is located at 555 W. Kinzie St. on the edge of Chicago’s Fulton Market and River North areas, near the Merchandise Mart, Randolph Street, restaurants, hotels, nightlife, public transportation, I-90/94, Ogilvie Station Metra Center, and the Loop CBD. Bally’s Casino and entertainment complex is two short blocks away and is scheduled to open in early 2027. Existing co-tenancy includes Shine Kinzie Spa, Brushhaus Dental, and Akumin MRI Center.

Key Highlights

  • Approximately 6,200 SF of ground‑floor restaurant space
  • Located within an 848‑unit luxury apartment complex with over 1200 residents
  • +700 car attached indoor garage

Property Analytics

Current Use

CPS Parking Parking Lot & Garage Alta - Lot #102 Parking Lot & Garage Zipcar Car Rental Facility Alta at K Station Apartment Building

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Clothing & Fashion Store Restaurant Nursing Home

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

21,947
Businesses Nearby
209k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 50% Dining 32% Shops & Services 9% Hotels & Casinos 8%
Whole Foods Market Groceries
48,567 visits/mo 0.4 miles
Punch Bowl Social Dining
48,113 visits/mo 0.3 miles
Jewel-Osco Groceries
37,290 visits/mo 0.1 miles
Binny's Beverage Depot Groceries
18,399 visits/mo 0.5 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.3 miles

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 SF
Avg Space Size

This space is priced 11% above the average of $31.5 /SF/Yr.

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 - Restaurant-ready premises with existing infrastructure, residential adjacency, and an included upper-level area for office or private dining use.
Where is this conventional restaurant located?
The property is located at 555 W Kinzie St Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Approximately 6,200 SF of ground‑floor restaurant space; Located within an 848‑unit luxury apartment complex with over 1200 residents; +700 car attached indoor garage
More about this property
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