River North Restaurant Space
For Lease
Contact for pricing
303 W Erie St, Chicago, IL 60654
Former restaurant space in River North with existing infrastructure.
Space Size6,312 SF
Days on Market1063
Property Features for 303 W Erie St
General Information
Standard status
Active
Size
6,312 SF
Property subtype
RETAIL
Spaces For Lease
at 303 W Erie St Contact us- Floor
- 1
- Size
- 6,312 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
303 W Erie St
- Former restaurant space available with black iron location at the southeast corner...
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Contact us
Listing Agency:
Baum Realty
(312) 666-3000
Listed By:
Doug Renner · License #475151752
(312) 275-3137
Source:
Moodyscre
Added: Oct 13, 2023
Changed: Sep 8
Last Checked: Sep 8 at 5:42AM
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 Baum Realty
Investment Insights
Based on property information with market context.
This former restaurant space is available for rent and is located at the southeast corner of Erie Street and Franklin Street in River North. The location benefits from excellent visibility and high pedestrian and vehicle traffic. The surrounding area includes numerous retailers such as Fairground Coffee, Wildfire, and GT Prime. Existing restaurant infrastructure is in place for tenant use.
Key Highlights
- Black iron restaurant location in River North.
- High visibility at the corner of Erie Street and Franklin Street.
- Existing restaurant infrastructure in place.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
19,004
Businesses Nearby
282k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Hotels & Casinos 25%
Shops & Services 11%
Groceries 7%
McDonald's
Dining
65,567 visits/mo
0.3 miles
Fogo de Chao
Dining
28,749 visits/mo
0.2 miles
Hampton Inn & Suites Chicago Downtown By Hilton
Hotels & Casinos
26,716 visits/mo
0.4 miles
Hyatt Place Chicago/River North
Hotels & Casinos
22,052 visits/mo
0.3 miles
Binny's Beverage Depot
Groceries
18,399 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$29.51 /SF/Yr
Avg Asking Price
$16–$55 /SF/Yr
Price Range
11,207 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- 1st & Fresh Catering — 205 W Randolph St Ll1, Chicago, IL 60606
- Luke's Lobster City Hall — 134 N La Salle St, Chicago, IL 60602
- Just Like Home Catering — 111 N Wabash Ave, Chicago, IL 60602
- Exquisite Soulz LLC — 111 N Wabash Ave Ste 100 #3187, Chicago, IL 60602
- One Eleven Events — 111 N State St #7, Chicago, IL 60602
Frequently Asked Questions
What type of property is this?
Restaurant - Former restaurant space in River North with existing infrastructure.
Where is this restaurant located?
The property is located at 303 W Erie St Chicago, IL.
What are key features of this property?
This property features: Black iron restaurant location in River North.; High visibility at the corner of Erie Street and Franklin Street.; Existing restaurant infrastructure in place.
