West Loop Commercial Space For Lease

For Lease

324 South Racine Avenue, Chicago, IL 60607

You can currently find 1 retail space(s) available for lease at West Loop Commercial Space For Lease. Designated use type for space listed here includes restaurant. Current retail listings at this property total 4,300 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at West Loop Commercial Space For Lease.

Space Available For Lease 1

Contacts

broker

Marcus Sullivan

SVN | Chicago Commercial

(312) 756-7357

Property Details

  • 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 4, 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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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

Attachments

Getting around

  • 93/100

    Walk Score ®

  • 79/100

    Transit Score ®

  • 93/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

324 South Racine Avenue Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    324 South Racine Avenue is located in Near West Side, which is home to a total of 9 listing(s). Retail space at West Loop Commercial Space For Lease asks $32.00/SF/YR per square foot.

  • The property includes 4,300 square feet of retail space for lease. Of this total, 4,300 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Near West Side is 32. The average household income here is $80,880 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Marcus Sullivan

SVN | Chicago Commercial

(312) 756-7357

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  2. 2Extra information