For Lease $32.00/SF/YR
Property Type Retail - Restaurant
Property Size 13,900 SF
Units 1
Lot Size 6,000 Acre
Property Tenancy Multi-Tenant
Year Built 1950
Date Updated May 1, 2024

The West Loop is a vibrant neighborhood located just west of downtown Chicago. Once an industrial area, it has transformed into a trendy district known for its lively restaurant scene, art galleries, boutique shops, and upscale residential buildings. The area is also home to several tech companies and is a hub for coworking spaces. With its mix of historic architecture and modern developments, the West Loop has become a popular destination for both residents and visitors seeking a dynamic urban experience.Introducing the prime leasing opportunity at 324 South Racine Avenue in Chicago. This distinguished property features a unique design, expansive floor plans, and amenities perfectly suited for diverse commercial needs. Enjoy the blend of open, adaptable spaces and abundant natural light, creating an inviting and dynamic environment for businesses. The property currently benefits from a full bar and restaurant buildout but the existing zoning allows for a variety of different commercial uses. Positioned in a strategic location, this property presents an unparalleled opportunity for businesses seeking a distinctive, professional setting to thrive and succeed. Elevate your operations with the prestige and functionality this property has to offer.

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Attachments

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Highlights

Turnkey restaurant infrastructure in place
Flexibility for various commercial uses
Competitive and favorable long-term lease rates
Strategic and coveted West Loop location
Proximity to significant area demand generators
Versatile interior layout

Spaces Available

324 South Racine

Space Type Restaurant
Lease Rate $32.00/SF/YR
Total Space Available 4,300 SF
Floor 1
Divisible Space 4,300 - 4,300 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Marcus Sullivan

SVN | Chicago Commercial

(312) 756-7357

Contacts

Marcus Sullivan

SVN | Chicago Commercial

(312) 756-7357

Location

Getting Around

Walk Score ®
93/100 Walker's Paradise
Transit Score ®
79/100 Excellent Transit
Bike Score ®
93/100 Biker's Paradise

Map
Street

City Chicago, IL
Neighborhood Near West Side
Zip Code 60607
Market Chicago

Points of Interest

Racine

0.13 miles
UIC-Halsted (Morgan Street)

0.30 miles
UIC-Halsted

0.40 miles
UIC-Halsted (Halsted Street)

0.52 miles
Morgan

0.66 miles
Ashland

0.74 miles
Polk

0.75 miles
Illinois Medical District

0.83 miles
Clinton

0.84 miles
Chicago Union Station

0.94 miles

Shell

0.03 miles
BP

0.51 miles
Mobil

0.85 miles
Citgo

0.86 miles
Mobil

0.99 miles
Tesla Supercharger

1.04 miles
Citgo

1.07 miles
Shell

1.10 miles
Costco Gasoline

1.10 miles
Marathon

1.27 miles

Harrison Street Parking Structure

0.19 miles
Lot 11

0.23 miles
Lot 1B

0.25 miles
Lot 1A

0.28 miles
Parking Facility

0.61 miles
Rush Parking Structure

0.64 miles
The Site

0.68 miles
D

0.69 miles
RUMC Lot 12

0.69 miles
Lot G

0.71 miles

Jade Court Chinese Cuisine

0.25 miles
Butterfly Sushi

0.32 miles
Talay Sushi & Thai

0.33 miles
The Great American Bagel

0.33 miles
Tufano's Vernon Park Tap

0.33 miles
MAD Social

0.33 miles
The CrossRoads Bar & Grill

0.34 miles
Mad Boiler

0.35 miles
Chicago Waffles

0.36 miles
The Madison Bar & Kitchen

0.36 miles

Target

0.07 miles
Mariano's Fresh Market

0.56 miles
H Mart

0.65 miles
Whole Foods Market

0.65 miles
Jewel-Osco

0.96 miles
Chicago French Market

0.97 miles
Jewel-Osco

1.02 miles
TJ Maxx

1.03 miles
The Maxwell

1.05 miles
Burlington

1.06 miles

Frequently Asked Questions

How much does retail space at 324 South Racine Avenue cost?

The asking price for retail space at 324 South Racine Avenue is $32.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 324 South Racine Avenue?

The property has 4,300 square feet of rentable Restaurant space. Rental opportunities here are available under NNN lease terms.

The building accommodates a Multi-Tenant lease setup. Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 324 South Racine Avenue?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 324 South Racine Avenue. You can find 4 parking option(s) and 1 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 324 South Racine Avenue.

Is 324 South Racine Avenue located in a popular area for retail businesses?

The property is part of Near West Side, which is home to 9 other retail listings.

Other popular areas for retail businesses in Chicago include Chicago Loop, Lakeview, South Loop.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.