840 Orleans St, Chicago, IL 60610
Exceptional opportunity to lease a fully equipped, 2,277-square-foot restaurant space at 840 N Orleans St in Chicago, IL 60610. Located at the intersection of W Chestnut St and N Orleans St, this second-generation restaurant benefits from a prime location below 310 luxury residential units, ensuring high foot traffic and a strong daytime population. The area boasts impressive demographics, with a population of 107,667 within 1 mile, 442,707 within 3 miles, and 892,352 within 5 miles. Average household incomes are equally compelling, reaching $182,903 within 1 mile, $178,441 within 3 miles, and $152,008 within 5 miles. High daytime populations further enhance the potential, with 282,922 within 1 mile, 959,942 within 3 miles, and 1,333,417 within 5 miles. High visibility is assured by daily traffic counts of 19,900 vehicles on W Chicago Ave and 19,000 on N Orleans St. This turnkey restaurant space presents a unique opportunity for food and beverage operators seeking a thriving location in Chicago's vibrant city center. The property is a single-tenant space.
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The Cafeteria Restaurant
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Chickpea Restaurant
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Blended Restaurant
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Cup Of Noodle (Bike/Boat/Book/etc) Store
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Sweet Cream Grocery & Convenience Store Specialty Food Shop
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.