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15 W Illinois St
Chicago, IL 60654 River North

Rate Upon Request

Storefront Retail Office For Lease  •  3,715+ SF

Property Details

  • Property Type Storefront Retail Office
  • Year Built 2016
  • Total Building Size 15,792 SF
  • Tenancy Single
  • Building Class B
  • Zoning DX-7
100 Transit Score
99 Walk Score

3 Spaces Available

Name Space Use Size Rent Details
Ll Floor Ste Retail 3,715 SF Rate Upon Request
Located in the heart of Chicago’s vibrant River North neighborhood, 15 West Illinois is a 15,792 SF turnkey restaurant space available for lease. The property spans three levels, including a 6,077 SF ground floor, a 6,000 SF second floor, and a 3,715 SF basement. Featuring a retractable storefront and rooftop, high 16-foot ceilings, and black iron infrastructure, the space is fully equipped to support a high-volume restaurant or entertainment venue. With an occupancy capacity of 370 seated guests (578 standing), the property includes multiple existing licenses, such as an Illinois State Liquor License, Retail Food Establishment License, Public Place of Amusement License, and Caterer’s Liquor License, making it a ready-to-operate opportunity. The surrounding area benefits from strong demographics, with high-income residents and significant foot traffic, making it an excellent location for a flagship dining or nightlife concept.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Negotiable
  • Built out as: Drinking Establishment
  • Space Type: Relet
1st Floor Ste Retail 6,077 SF Rate Upon Request
Located in the heart of Chicago’s vibrant River North neighborhood, 15 West Illinois is a 15,792 SF turnkey restaurant space available for lease. The property spans three levels, including a 6,077 SF ground floor, a 6,000 SF second floor, and a 3,715 SF basement. Featuring a retractable storefront and rooftop, high 16-foot ceilings, and black iron infrastructure, the space is fully equipped to support a high-volume restaurant or entertainment venue. With an occupancy capacity of 370 seated guests (578 standing), the property includes multiple existing licenses, such as an Illinois State Liquor License, Retail Food Establishment License, Public Place of Amusement License, and Caterer’s Liquor License, making it a ready-to-operate opportunity. The surrounding area benefits from strong demographics, with high-income residents and significant foot traffic, making it an excellent location for a flagship dining or nightlife concept.

  • Date available: 30 Days
  • Lease term: 5 - 10 Years
  • Service type: Triple Net
  • Built out as: Drinking Establishment
  • Space Type: Relet
  • In Contiguous block: 12,077 SF
2nd Floor Ste Retail 6,000 SF Rate Upon Request
Located in the heart of Chicago’s vibrant River North neighborhood, 15 West Illinois is a 15,792 SF turnkey restaurant space available for lease. The property spans three levels, including a 6,077 SF ground floor, a 6,000 SF second floor, and a 3,715 SF basement. Featuring a retractable storefront and rooftop, high 16-foot ceilings, and black iron infrastructure, the space is fully equipped to support a high-volume restaurant or entertainment venue. With an occupancy capacity of 370 seated guests (578 standing), the property includes multiple existing licenses, such as an Illinois State Liquor License, Retail Food Establishment License, Public Place of Amusement License, and Caterer’s Liquor License, making it a ready-to-operate opportunity. The surrounding area benefits from strong demographics, with high-income residents and significant foot traffic, making it an excellent location for a flagship dining or nightlife concept.

  • Date available: 30 Days
  • Lease term: 5 - 10 Years
  • Service type: Triple Net
  • Built out as: Drinking Establishment
  • Space Type: Relet
  • In Contiguous block: 12,077 SF

Description

Located in the heart of Chicago’s vibrant River North neighborhood, 15 West Illinois is a 15,792 SF turnkey restaurant space available for lease. The property spans three levels, including a 6,077 SF ground floor, a 6,000 SF second floor, and a 3,715 SF basement. Featuring a retractable storefront and rooftop, high 16-foot ceilings, and black iron infrastructure, the space is fully equipped to support a high-volume restaurant or entertainment venue. With an occupancy capacity of 370 seated guests (578 standing), the property includes multiple existing licenses, such as an Illinois State Liquor License, Retail Food Establishment License, Public Place of Amusement License, and Caterer’s Liquor License, making it a ready-to-operate opportunity. The surrounding area benefits from strong demographics, with high-income residents and significant foot traffic, making it an excellent location for a flagship dining or nightlife concept.

Highlights

Turnkey Restaurant in River North
6,000 SF Ground Floor + 6,000 SF 2nd Floor
Retractable storefront and rooftop
Occupancy capacity of 370 seated (578 standing)
Property includes multiple existing licenses (PPA)
Fully furnished kitchen

Property Flyers

Amenities

  • Signage

Major Tenants

Tenant SF Occupied Lease End Date
Welcome to the Farm 8/1/2034

Public Transportation

Commuter RailDriveWalkDistance
Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 3 min 14 min 0.7 mi
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.3 mi
Transit/SubwayDriveWalkDistance
Grand Avenue Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 2 min 0.1 mi
State/Lake Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 8 min 0.4 mi
Merchandise Mart Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 8 min 0.4 mi
Chicago Avenue Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 9 min 0.5 mi
Clark/Lake Station (Downtown Loop) (Blue Line - Chicago Transit Authority "L" Trains (The "L"), Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 9 min 0.5 mi
AirportDriveWalkDistance
Chicago Midway International 25 min - 11.9 mi
Chicago O'Hare International 52 min - 20.6 mi
David Goldberg 847-274-8504 Goldstreet Partners
David Goldberg 847-274-8504 Goldstreet Partners