2nd Generation Restaurant For Lease

306 S Halsted St, Chicago, IL 60661

  • For Lease $26.00/SF/YR
  • 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 20, 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

Spaces Available

Contacts

broker

Tim Rasmussen

SVN | Chicago Commercial

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    92/100 Rider's Paradise
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Greektown
  • Zip Code 60661
  • Market Chicago

Points of Interest

  • UIC-Halsted (Halsted Street)

    0.14 miles

  • UIC-Halsted (Peoria Street)

    0.18 miles

  • UIC-Halsted (Morgan Street)

    0.26 miles

  • Clinton

    0.36 miles

  • Morgan

    0.59 miles

  • Quincy

    0.71 miles

  • Grand

    0.95 miles

  • Harold Washington Library-State/Van Buren

    0.96 miles

  • Merchandise Mart

    1.03 miles

  • Adams/Wabash

    1.11 miles

  • Blink

    0.18 miles

  • Volta

    0.18 miles

  • Shell

    0.25 miles

  • Blink ParkChip Garage - 1035 Van Buren

    0.30 miles

  • Electrify America

    0.45 miles

  • Citgo

    0.60 miles

  • Tesla Supercharger

    0.70 miles

  • ChargePoint

    0.77 miles

  • eVgo

    0.90 miles

  • Marathon

    0.99 miles

  • UIC Lot 8

    0.12 miles

  • Presidential Towers Garage

    0.35 miles

  • Accident Investigation Site and Stormwater Detention Facility

    0.37 miles

  • UIC Lot 11

    0.39 miles

  • UIC Lot 4

    0.43 miles

  • Harrison Street Parking Structure

    0.43 miles

  • UIC Lot 1A

    0.44 miles

  • Halsted Street Parking Structure

    0.49 miles

  • Lot 12

    0.51 miles

  • UIC Lot 1B

    0.51 miles

  • Taco Burrito King

    0.02 miles

  • 9 Muses Bar & Grill

    0.02 miles

  • Meli Cafe

    0.02 miles

  • Zeus Restaurant

    0.03 miles

  • Mr Greek Gyros

    0.03 miles

  • Tamashii Ramen

    0.03 miles

  • Philly‘s Best

    0.04 miles

  • Xi'an Cuisine

    0.04 miles

  • Jimmy John's

    0.06 miles

  • Primos Chicago Pizza

    0.06 miles

  • H Mart

    0.15 miles

  • Wild Fork

    0.19 miles

  • Mariano's Fresh Market

    0.23 miles

  • Metro Spice Mart

    0.31 miles

  • Whole Foods Market

    0.34 miles

  • Target

    0.42 miles

  • Chicago French Market

    0.55 miles

  • The Maxwell

    0.71 miles

  • Burlington

    0.72 miles

  • Marshalls

    0.73 miles

Frequently Asked Questions

How much does retail space at 306 S Halsted St cost?

The asking price for retail space at 306 S Halsted St is $26.00/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 306 S Halsted St?

The property has 4,200 square feet of rentable Restaurant space. Rental opportunities here are available under Modified Gross lease terms.

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 306 S Halsted St?

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 306 S Halsted St. You can find 8 parking option(s) and 5 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 306 S Halsted St.

Is 306 S Halsted St located in a popular area for retail businesses?

The property is part of Greektown, which is home to 6 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.

Contact Listing Broker

broker

Tim Rasmussen

SVN | Chicago Commercial

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