2nd Generation Restaurant For Lease

For Lease

306 S Halsted St, Chicago, IL 60661

You can currently find 1 retail space(s) available for lease at 2nd Generation Restaurant For Lease. Designated use type for space listed here includes restaurant. Current retail listings at this property total 4,200 square feet. Lease type options include Modified Gross. Expand the listing and property details below for additional information on leasing opportunities at 2nd Generation Restaurant For Lease.

Space Available For Lease 1

Contacts

broker

Tim Rasmussen

SVN | Chicago Commercial

Property Details

  • Property Type Retail - Restaurant
  • Property Size 20,400 SF
  • Units 1
  • Lot Size 0.11 Acre
  • Additional Rent Contact for pricing
  • Year Built 1926
  • Date Updated Sep 13, 2024
306-308 S Halsted is located in the heart of Chicago’s vibrant West Loop/Fulton Market corridor, within walking distance of the University of Illinois at Chicago campus. Over the past decade, this area has experienced some of the country's highest population and income growth. Within a ½ mile radius, the population has grown to over 19,000 residents, with an average household income exceeding $182,000 annually. Between 2015 and 2025, over 10,000 new luxury apartment units are projected to be added, reflecting the area's rapid transformation into a hub for upscale living and commercial activity. Since 2014, approximately 8 million square feet of new office space have been developed, significantly increasing the daytime population. The site enjoys easy access to multiple transportation options, including the I-90 expressway, CTA Blue Line, Metra stations, and several CTA bus routes.This 2nd generation restaurant is fully improved and includes mechanical, electrical, and plumbing systems, three black iron exhaust systems, and an array of kitchen equipment, retail displays, handicap washrooms, and indoor seating. The basement includes extensive food preparation areas, ventilation hoods, walk-in coolers, a manager’s office, and dry storage areas. The space can also be adapted to a variety of other retail uses and can be subdivided into two, 2,100 sf retail storefronts. The property is zoned DX5 allowing for a wide range of uses.

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Highlights

  • Prime location in Chicago's bustling West Loop
  • Spacious and flexible interior layout
  • High ceilings
  • Significant restaurant infrastructure
  • Proximity to public transportation and major roadways
  • Ideal for a variety of retail, dining, or service uses

Attachments

Getting around

  • 95/100

    Walk Score ®

  • 92/100

    Transit Score ®

  • 88/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Greektown
  • Zip Code 60661
  • Market Chicago

Points of Interest

  • UIC-Halsted (Halsted Street)

    0.14 miles

  • UIC-Halsted (Morgan Street)

    0.26 miles

  • Clinton

    0.37 miles

  • Morgan

    0.59 miles

  • Racine

    0.62 miles

  • Clinton

    0.63 miles

  • Quincy

    0.71 miles

  • LaSalle - Blue Line

    0.85 miles

  • taxi rank

    0.88 miles

  • Grand

    0.95 miles

  • Shell

    0.48 miles

  • Citgo

    0.60 miles

  • Mobil

    0.70 miles

  • Tesla Supercharger

    0.70 miles

  • BP

    0.94 miles

  • BP

    1.01 miles

  • Mobil

    1.21 miles

  • Citgo

    1.35 miles

  • BP

    1.35 miles

  • BP

    1.35 miles

  • Presidential Towers Garage

    0.35 miles

  • Parking Garage

    0.39 miles

  • Lot 11

    0.39 miles

  • Harrison Street Parking Structure

    0.43 miles

  • Lot 1A

    0.44 miles

  • UIC Halsted Street Parking Structure

    0.49 miles

  • Lot 1B

    0.51 miles

  • Lot 12

    0.51 miles

  • Park 1

    0.58 miles

  • The Site

    0.60 miles

  • Chinese Yum Yum

    0.02 miles

  • Taco Burrito King

    0.02 miles

  • 9 Muses Bar & Grill

    0.02 miles

  • Meli Cafe

    0.02 miles

  • Mr Greek Gyros

    0.03 miles

  • WJ Noodles

    0.03 miles

  • Sizzling Pot King

    0.04 miles

  • Philly‘s Best

    0.04 miles

  • Jimmy John's

    0.06 miles

  • Primos Chicago Pizza

    0.06 miles

  • H Mart

    0.15 miles

  • Mariano's Fresh Market

    0.24 miles

  • Whole Foods Market

    0.33 miles

  • Target

    0.43 miles

  • Chicago French Market

    0.55 miles

  • TJ Maxx

    0.69 miles

  • The Maxwell

    0.71 miles

  • Burlington

    0.72 miles

  • Marshalls

    0.73 miles

  • Southgate Market

    0.76 miles

306 S Halsted St 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.

    306 S Halsted St is located in Greektown, which is home to a total of 6 listing(s). Retail space at 2nd Generation Restaurant For Lease asks $26.00/SF/YR per square foot.

  • The property includes 4,200 square feet of retail space for lease. Of this total, 4,200 square feet are Restaurant.

    Lease agreement conditions for the availability at this property include Modified Gross.

    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 Greektown is 32. The average household income here is $129,624 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

Tim Rasmussen

SVN | Chicago Commercial

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