201 Morgan St Chicago, IL 60607
This exceptional 3,010 square foot restaurant space is located at 205 N Morgan Street, Chicago, in the vibrant West Loop neighborhood. Boasting a prime corner location on Lake St, this single-tenant property offers unparalleled visibility and accessibility. The 15,000 total square foot building sits on a 0.46-acre lot and is zoned DX-3. The fully built-out space includes a versatile open kitchen, perfect for a variety of culinary concepts. An expansive outdoor seating area provides a welcoming atmosphere for guests. The West Loop's advantageous demographics, proximity to the Chicago River, Restaurant Row, and Fulton Market District, create a thriving business environment. Convenient access to public transportation (Green Line) and major expressways ensures easy commuting for both staff and customers. The area's blend of trendy shops and galleries offers ample leisure and entertainment options for professionals. This location presents a unique opportunity to establish a successful restaurant in a dynamic and desirable urban setting. The property's high visibility and well-equipped interior make it an ideal investment for a discerning restaurateur.
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Bar Takito Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.