303 Erie St, Chicago, IL 60654
This exceptional 6,312-square-foot retail space, located at 303 W Erie St in Chicago's vibrant River North neighborhood, presents a unique opportunity for a restaurant operator. Currently vacant, this former restaurant boasts existing infrastructure ready for immediate use, saving significant time and capital on build-out. The property enjoys a highly visible corner location at the southeast intersection of Erie Street and Franklin Street, benefiting from exceptional pedestrian and vehicular traffic. Situated in the heart of River North, the space is surrounded by a thriving mix of established retailers, including Fairground Coffee, Wildfire, and GT Prime, ensuring high foot traffic and brand synergy. The property is classified as a multi-tenant retail building within Cook County, Illinois, and offers a total of 6,312 square feet, all of which is currently available. The zip code is 60654. This prime location and existing infrastructure make this an ideal opportunity for a discerning restaurant business seeking a high-impact presence in a bustling Chicago neighborhood. The property's address is 303 W Erie St, Chicago, IL.
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Rolam Equities Consultant
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Eric Spengel - Aflac Insurance Agent Insurance Agency
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Rinaldi & Associates Inc. Law Firm
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National Council of La Raza Social Service Agency Charitable Organization
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Facility Flooring General Contractor Renovation Specialist
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
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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.