840 Orleans St Chicago, IL 60610
- Restaurants
Current Use by Public Records
- The Cafeteria / Restaurant / Delivery Restaurant
- Chickpea / Mediterranean Restaurant
- Blended / Vegetarian Restaurant / Vegan Restaurant
- Cup Of Noodle / Noodle Shop
- Sweet Cream / Ice Cream Shop
Property Details for 840 Orleans St
- Property type
- Restaurants
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6374
- Latitude
- 41.8978
