324-328 S Racine Ave

324-328 S Racine Ave , Chicago, IL 60607

Property Information

  • For Lease Contact for pricing
  • Property Type Retail - Street Retail
  • Property Size 14,650 SF
  • Units 8
  • Year Built 1894
  • Date Updated Jul 5, 2026

Description

324-328 S Racine Ave is located along Racine Avenue in Chicago’s West Loop, one of the city’s most dynamic and rapidly expanding mixed-use neighborhoods. The Property benefits from strong visibility and accessibility within a high-demand corridor that continues to see significant multifamily, boutique retail, and creative office development as West Loop growth extends toward Fulton Market. The area supports a powerful day-to-night population driven by a concentration of acclaimed restaurants, hospitality venues, and major corporate investment, reinforcing consistent demand for quality housing and street-level retail. The site is conveniently positioned near multiple CTA bus routes and offers quick access to the Eisenhower Expressway (I-290) and the Kennedy Expressway (I-90/94), providing efficient connectivity throughout the city and region. Neighboring amenities include the renowned Randolph Street “Restaurant Row” and a deep roster of West Loop dining and retail destinations that continue to strengthen the neighborhood’s appeal. The West Loop submarket remains a premier destination for residential and mixed-use investment, supported by continued in-migration, sustained rent growth, and an ongoing pipeline of high-quality development. Significant employer presence and expanding office and hospitality footprints have further enhanced the neighborhood’s fundamentals, while continued streetscape improvements and infill projects have elevated the overall pedestrian environment. With a rare combination of transit access, expressway connectivity, and proximity to Chicago’s most sought-after lifestyle amenities, 324-328 S Racine Ave is well positioned to capture ongoing demand and benefit from the continued evolution of the West Loop as a top-tier urban neighborhood.Second-generation restaurant opportunity at 324 S Racine featuring 4,600 SF with a large commercial kitchen, two (2) hoods, a built-out bar, and a basement storage area. The opportunity features potential for an outdoor area/patio and highly visible signage facing Interstate-290 (~165,200 VPD), providing strong exposure and brand presence. Well-suited for a variety of food and beverage concepts, the existing infrastructure supports efficient back-of-house flow and accelerated time to open. The space may also be suitable for other uses such as coffee/café, medical/clinic, retail, and other service-oriented concepts, and can potentially be demised to accommodate a range of tenant sizes. Neighboring amenities include the renowned Randolph Street “Restaurant Row” and a deep roster of West Loop dining, entertainment, and retail destinations that continue to strengthen the neighborhood’s appeal.

Highlights

  • Large kitchen in-place with two (2) hoods and a built-out bar
  • Potential for outdoor patio and seating
  • Prominent signage opportunity facing Interstate-290 for strong visibility/exposure (~165,200 VPD)

1 Space Available

324 S Racine Ave

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

4,600 SF

Divisible Space

4,600 - 4,600 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 324-328 S Racine Ave , Chicago, IL 60607, this property is part of the Near West Side neighborhood and Chicago market.

Contact Listing Broker
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