Divisible Restaurant/Retail Spaces

401-465 East Illinois St., Chicago, IL 60611

About

Join Target, Pinstripes & Carson’s Ribs at The Lofts at River East – one of Chicago’s most unique and sought-after retail/restaurant locations. Dynamic 10,714 SF space can be demised into two spaces 4,847 SF & 5,797 SF. Former home of Dick’s Last Resort and sits beneath 285 luxury loft apartments. Positioned at the entrance of the Ogden slip docks this is one of the only waterside dining opportunities available in Chicago.
Recent improvements to the space provide ample existing infrastructure for a new restaurant or retail space including a large black iron venting system, underground plumbing, HVAC, and high-capacity electrical service. The brick and timber interior aesthetics provide for a unique tenant setting. Outdoor dockside seating is available with the possibility for installation of an additional floating dock.
Additional property and area co-tenants include Pinched Mediterranean Restaurant, Cupitol, Whole Foods, Foxtrot Market, Kanela and Yolk to name a few. The property is located one block from Chicago’s Navy Pier and boasts over 2 million unique pedestrian visits per year. This high-profile space sits at the entrance to the dock immediately next to Target. This is a once-in-a-lifetime opportunity to take advantage of Chicago’s high-density Streeterville neighborhood location, which draws residents, and tourists alike.

  • One-of-a-kind waterfront restaurant/retail opportunity in Chicago’s Streeterville neighborhood
  • 10,714 former restaurant space on ground floor beneath 285 luxury apartments
  • Potential demising plan of 4,847 SF & 5,797 SF spaces
  • End-cap space adjacent to Target with entrances and signage on Ogden Slip & Illinois St
  • Ample outdoor dockside seating
  • Substantial existing infrastructure including black iron, HVAC & underground plumbing
  • Great co-tenancy includes Target, Pinstripes, Carson’s Ribs, Robert’s Pizza, Pinched Mediterranean & Cupitol
  • Incredible urban density and foot traffic with over two million visitors per year
  • On-site parking garage
  • One block to Chicago’s Navy Pier
  • Fantastic area demographics with over $180K average annual income and over $560K median area home price

Suites Available

Location

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Listing courtesy of Wayne Caplan, wayne.caplan@svn.com, SVN I Chicago Commercial

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