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Turn-Key Restaurant Space Available
For Lease
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738-744 S Dearborn St, Chicago, IL

Fully equipped restaurant space with indoor and outdoor seating.

Space Size900 SF - 10,000 SF
Lot Size0.04 Acres
Days on Market312

Property Features for 738-744 S Dearborn St

General Information

Standard status Active
Size 900 SF - 10,000 SF
Lot size 0.04 Acres
Property subtype RETAIL

Spaces For Lease

at 738-744 S Dearborn St Contact us

738 - 744 S Dearborn St AVAILABLE, Now

Floor Bldg
Size 10,000 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Single Tenant Free-Standing Fully equipped and operational restaurant space ready for immediate use - Unique retractable skylight on the second floor, seamlessly blending indoor and outdoor dining experiences - Seating capacity consists of 294 for the interior, and 28 for the exterior, totaling 322 - Prime outdoor seating available along Polk Street, perfect for attracting foot traffic
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738 - 744 S Dearborn St $29/SF/Yr

Floor 1
Size 900 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
Contact us
Listing Agency: CRER
Listed By: Timothy Keenan · License #475136867
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 14 Last Checked: Oct 1 at 2:30PM

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 CRER

Investment Insights

Based on property information with market context.

This is a single-tenant, free-standing restaurant space, fully equipped and operational, ready for immediate use. The property features a unique retractable skylight on the second floor, creating a flexible indoor and outdoor dining environment. The interior seating capacity is 294, with an additional 28 seats available for outdoor dining, bringing the total seating capacity to 322. Prime outdoor seating is available along Polk Street, offering high visibility and attracting foot traffic. The property size is 10000 square feet.

Key Highlights

  • Fully equipped and operational restaurant space ready for immediate use.
  • High seating capacity: 294 interior + 28 exterior = 322 total.
  • Unique retractable skylight on the second floor for indoor/outdoor dining.

Property Analytics

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Current Use

Turn key restaurants

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Buffet Tanning Salon Adult Day Care Florist

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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

20,205
Businesses Nearby
181k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 73% Hotels & Casinos 13% Apparel 10% Shops & Services 4%
Target Superstores
131,620 visits/mo 0.4 miles
H&M Apparel
18,041 visits/mo 0.4 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.3 miles
Best Western Grant Park Hotel Hotels & Casinos
6,261 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.1 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

This space is priced 14% below the average of $33.67 /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
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Similar Off Market Nearby

  • Apple Spice Box Lunch Delivery & Catering Chicago, IL — 610 W Roosevelt Rd, Chicago, IL 60607
  • Chicago Taco Catering — 1210 S Indiana Ave Suite 2817, Chicago, IL 60605
  • Sweet cheats — 1130 S Canal St #1410, Chicago, IL 60607
  • A Tale of Two Chefs — 47 W Polk St Suite 140, Chicago, IL 60605
  • LM Catering & Events — 800 S Michigan Ave, Chicago, IL 60605

Frequently Asked Questions

What type of property is this?
Restaurant - Fully equipped restaurant space with indoor and outdoor seating.
Where is this restaurant located?
The property is located at 738-744 S Dearborn St Chicago, IL.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Fully equipped and operational restaurant space ready for immediate use.; High seating capacity: 294 interior + 28 exterior = 322 total.; Unique retractable skylight on the second floor for indoor/outdoor dining.
(773) 983-0741 Call to check price and availability
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