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Bar Condominium with Open Layout
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75 E 16th St, Chicago, IL 60616

Liquor-approved commercial condominium with adaptable plumbing, two restrooms, and an existing bar buildout.

Property SizeContact for details
Days on Market143

Property Features for 75 E 16th St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Imperial Realty Company
Listed By: Theron May · License #IL 471.019986
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 5:41PM

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 Imperial Realty Company

Investment Insights

Based on property information with market context.

This approximately 1,100-square-foot retail condominium is configured for bar operations, with an open interior, attached bar, herringbone wood flooring, and installed fixtures. The space includes two restrooms, a three-compartment sink, slop sink, pantry, storage, and a utility closet. Plumbing supports potential conversion to retail or medical use, while the property is licensed and approved for liquor sales.

The condominium fronts both E 16th Street and the surrounding South Loop neighborhood in Chicago, providing street exposure and visibility. It is currently occupied by 16th Street Bar and may be delivered subject to the existing lease or in vanilla box condition.

Key Highlights

  • Approximately 1,100 SF retail condominium with open floor plan
  • Licensed and approved for liquor sales
  • Attached bar, herringbone wood flooring, and installed fixtures

Property Analytics

Current Use

16th Street Bar ... Bar & Pub

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Carpet & Flooring Store Furniture & Home Goods Barber Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,751
Businesses Nearby
169k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 32% Groceries 30% Hotels & Casinos 20% Shops & Services 18%
Mariano's Groceries
50,480 visits/mo 0.3 miles
Marriott Marquis Chicago Hotels & Casinos
33,862 visits/mo 0.4 miles
White Castle Dining
23,545 visits/mo 0.5 miles
Pizanos Pizza Dining
13,973 visits/mo 0.4 miles
Chase Bank Shops & Services
11,972 visits/mo 0.3 miles

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value

Market

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

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  • Best Bar 2233 S Wentworth Ave, Chicago, IL 60616
  • Gao's Kabob Chicago 232 W 22nd Pl, Chicago, IL 60616

Frequently Asked Questions

What type of property is this?
Bar & Pub - Liquor-approved commercial condominium with adaptable plumbing, two restrooms, and an existing bar buildout.
Where is this bar & pub located?
The property is located at 75 E 16th St Chicago, IL.
What are key features of this property?
This property features: Approximately 1,100 SF retail condominium with open floor plan; Licensed and approved for liquor sales; Attached bar, herringbone wood flooring, and installed fixtures
(773) 736-6461 Call to check price and availability
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