Rarely available to move in your business with a restaurant Turn Key Exiting Build out and Equipment
The Restaurant - Retail is located in the heart of the DePaul neighborhood of Lincoln Park on Halsted St, SOUTH of Armitage in a Chicago Landmark District known for its historical architecture.
This is the only building with restaurant /retail space currently available in the highly desirable Halsted/Armitage with Santa Monica Summer House and Pasta Palazzo are directly across the street, and the Steppenwolf and Royal George Theaters are right down the block along with many other restaurants, retailers, and entertainment venues along Halsted and Armitage streets.
The restaurant/retail space of 3133 sq ft with 1 full countertop bar (8 seats) with sink set-up and refrigerators in front, 2 full kitchens, one with Black iron stove and cooking areas , the other kitchen with prepping facilities, seating area of 64 occupancy with 2 restrooms, and an 800 sq foot basement with a large Walk In Cooler and Storage Space as well as an employee bathroom.
Total base Rent $12,900.00/month, triple net lease, the property tax $958/month beginning Jan 2023 for first floor restaurant space
2 parking spaces $175 each for $350.00
Option rental space available for additional rent : 2 floor apartment 1200/sf for additional office/ storage
Superior Demographics
The Halsted -Armitage hub is an upscale shopping district . Additional restaurants include: JP 9 Wine bar, Cafe Ba-Ba-Reeba, New Construction Lettuce Entertainment restaurant, walk to dining cafes, bars, nightlife, independent boutiques and high end retailers.
High foot and Vehicular traffic average 15,800 vehicles per day on Halsted, easy metered parking street, close to CTA Clybourn Red line stop and Armitage Brown Line stop, along CTA Halsted bus route, close to Depaul campus.
Average household income $185.000 within half miles radius