312 W Chestnut St Chicago, IL 60610
For Lease
This exceptional retail opportunity is located at 312 West Chestnut Street in Chicago's vibrant River North submarket, within Cook County, Illinois. The property, identified as 312 West Chestnut, is a two-story commercial building totaling 33,985 square feet. Currently, a single suite of 755 square feet is available for lease, ideal for a restaurant or other commercial use. The building features convenient elevator access, a significant advantage for customers and staff. Its prime location in the bustling Downtown - River North area ensures high foot traffic and visibility, making it an attractive proposition for businesses seeking a strong presence in a high-demand market. The property's classification as both retail and restaurant-suitable opens up a wide range of potential uses. The zip code is 60610. This listing presents a unique chance to secure a well-situated space within a thriving commercial district. The building's size and amenities make it suitable for a variety of businesses seeking a prominent location in Chicago's dynamic River North neighborhood. The available space offers immediate occupancy for a discerning tenant. Interested parties are encouraged to inquire further to explore this exciting opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
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.