11 Illinois St Chicago, IL 60654-8173
Property profile & analytics
11 Illinois St Chicago, IL 60654-8173
- Office buildings
- 19,600 SF
- 0.11 lot acres
Property ID
US28-1408221
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- I-Cubed Productions / Film Production / Television Studio
- Childress Loucks & Plunkett / Law Firm / Insurance Agency
- Laminar Technologies / Industrial Manufacturer / Production Facility
- Chicago Portfolio School / Computer Training School / Graphic Designer
- Earhole Studios / Recording Studio
Property Details for 11 Illinois St
- Year built
- 1902
- Lot size
- 0.11 lot acres
- Property size
- 19,600 SF
- Property type
- Office buildings
- APN
- 17-09-255-010
- APU
- 1709255010
Description
This exceptional River North restaurant opportunity offers 5,400 square feet of fully equipped space, currently vacant and ready for immediate occupancy. The main level boasts 4,200 square feet, featuring floor-to-ceiling operable windows, a 40-foot full-service bar, a complete open kitchen with a 16-foot hood, and adjacent prep areas with hand sinks. A dedicated dishwashing room with a triple sink and grease trap, plus ADA-compliant restrooms, complete the first floor. The lower level, encompassing 1,200 square feet, includes two large walk-in coolers, a substantial prep area with floor drain and sinks, a large ice machine area, an employee restroom, dry goods storage, a secure liquor storage room, and a sizable office with a safe. The entire space is in excellent condition, equipped with wired security cameras. The property is zoned DX7 and situated on Illinois Street between Dearborn and State Streets, in the vibrant River North submarket of Chicago, IL (zip code 60654). This turnkey space is ideal for experienced and well-funded restaurateurs seeking a move-in ready establishment. Minimum divisible space is 1,200 square feet, with a maximum contiguous space of 4,200 square feet. The building has two total suites.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,416,000
Market price range: $1.10M - $4.60M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,980,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $4,685,000 Change: +57% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,370,000 Change: +13% Conversion: Easy
- RETAIL STORES
- $2,855,000 Change: -4% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6285
- Latitude
- 41.8906
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$158,593
$240,000
$531,057
$771,057
-
$960,000
$2,124,228
$3,084,228
