401 East Illinois Street StreetChicago, IL 60611Inquire For List Price

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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
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  • 2017Year Built

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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.

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Listed by Wayne Caplan of Sperry Van Ness

Based on information submitted to MRED  as of January 29, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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