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    OFF-MARKET
    Retail properties & Spaces

    303 Erie St, Chicago, IL 60654

    6,312 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 6,312 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rolam Equities Consultant
    • Eric Spengel - Aflac Insurance Agent Insurance Agency
    • Rinaldi & Associates Inc. Law Firm
    • National Council of La Raza Social Service Agency Charitable Organization
    • Facility Flooring General Contractor Renovation Specialist
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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