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- LoopNet Team
15 W Illinois St
Chicago, IL 60654
Property For Lease
Highlights
- Turnkey Restaurant in River North
- Retractable storefront and rooftop
- Property includes multiple existing licenses (PPA)
- 6,000 SF Ground Floor + 6,000 SF 2nd Floor
- Occupancy capacity of 370 seated (578 standing)
- Fully furnished kitchen
Property Facts
| Property Type | Retail | Gross Leasable Area | 15,792 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2016 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,792 SF |
| Year Built | 2016 |
About the Property
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.
- Signage
