738 Randolph St Chicago, IL 60607
- Retail space
- 4,534 SF
- 0.07 lot acres
Current Use by Public Records
- KOMO / Japanese Restaurant
Property Details for 738 Randolph St
- Year built
- 1892
- Lot size
- 0.07 lot acres
- Property size
- 4,534 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
- APN
- 17-09-319-002
- APU
- 1709319002
Description
This exceptional two-story, 8,000 square foot restaurant building is located at 738 W Randolph St in Chicago's vibrant West Loop, at the gateway to Restaurant Row. Currently occupied by a restaurant tenant, this property presents a rare investment or owner-user opportunity. Situated in a prime location, it benefits from unparalleled visibility and high traffic counts on Randolph Street, a premier destination in the Meatpacking District. The area boasts renowned restaurants, major corporations (including McDonald's headquarters, Google, and Soho House), and numerous hotels, including the Nobu Hotel and the upcoming Equinox Hotel. The property's proximity to major transit lines, expressways, and the Chicago Loop further enhances its appeal. Its DX-5 zoning allows for diverse commercial uses, including restaurants, offices, and showrooms. The 2021 property taxes were $46,092.14. This is an exceptional opportunity to own a thriving commercial property in one of Chicago's most dynamic neighborhoods. The surrounding area is experiencing unprecedented development, ensuring continued growth and high demand. This property offers amazing exposure and visibility, making it an ideal investment for discerning buyers.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6472
- Latitude
- 41.8848
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA