10 Hubbard St Chicago, IL 60654-4638
- Office buildings
- 67,000 SF
- 0.23 lot acres
Current Use by Public Records
- Vermilion / Chinese Restaurant / Chinese Takeaway
- Cordos Development & Associates Llc / General Contractor
- AccuRadio, LLC / Radio Broadcaster
- ParkChicago #231408 / Public Parking Space
- Hatfield Post/Production / Video Production Service
Property Details for 10 Hubbard St
- Year built
- 1886
- Lot size
- 0.23 lot acres
- Property size
- 67,000 SF
- Property type
- Office buildings
- APN
- 17-09-255-024
- APU
- 1709255024
Description
This exceptional 5,295 square foot restaurant space is ideally situated in the vibrant River North submarket of Chicago, at 10 W Hubbard Street, between Dearborn and State Streets. The ground-level location boasts large bi-fold windows opening to a sizable sidewalk cafe area. Inside, a spacious dining room features a 35-foot bar and a 175-person occupancy capacity. The fully equipped kitchen includes a 14-foot hood, extensive cooking lines, prep and service stations, two walk-in coolers, dedicated liquor and dry storage rooms, and a fully vented dishwashing area. A substantial 602 square foot basement storage area, complete with a 6'x6' walk-in cooler, is also available. An additional 1,700 square feet of basement space offers potential for operational expansion. This turnkey restaurant is perfect for a rebranding or new concept. City Liquor, Food, and PPA licenses are available for purchase. The property is part of a five-story office building with first-floor retail space. The surrounding area is densely populated with numerous successful restaurants, including Howling at the Moon, Umo, Bodega, Le Grand Boucherie, Bar Stool Sports, Kyuramen, JoJo, and many more. Future openings include Blue Sushi, Ghost Monkey, The Dip Inn, and The Crying Tiger Vietnamese. Nearby establishments also include Gordon Ramsay Burger, Planta Queen, Siena Tavern, and many others. This is a rare opportunity to establish a thriving restaurant business in a high-traffic, high-demand location. The property is zoned DX-7.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,220,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,501,000
Market price range: $1.20M - $3.04M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6286
- Latitude
- 41.8903
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
