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400 E Randolph St
Chicago, IL 60601

Retail Property For Sale · 1 Unit

Executive Summary

KW Commercial is pleased to present the opportunity to acquire a thriving restaurant space located at 400 E Randolph St, #728, in the prime Lakeshore East area of downtown Chicago. Boasting 2,436 SF of retail space, this long-standing establishment features a fully equipped kitchen with a Type-1 Hood system, a separate entertainment/dancing area, a dining room, and a full bar. Patrons can enjoy karaoke nights on the stage complete with professional sound and lighting. The restaurant's unique selling points include a private outdoor patio offering stunning views of the Chicago skyline, full bar, high ceilings, private parking, and its convenient location within the building, catering to both the 940 residential units within the building and external clientele. With its liquor license and delectable menu, this establishment promises a lucrative investment opportunity in one of Chicago's most sought-after dining destinations.

PROPERTY FACTS

Unit Size 2,436 SF
No. Units 1
Total Building Size 1,368,143 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment or Owner User
Building Class B
Floors 40
Typical Floor Size 30,318 SF
Year Built 1963
Lot Size 2.45 AC
Parking Ratio 0.26/1,000 SF

1 Unit Available

Unit 728

Unit Size 2,436 SF
Condo Use Retail
Sale Type Investment or Owner User
Description

Boasting 2,436 SF of retail space, this long-standing establishment features a fully equipped kitchen with a Type-1 Hood system, a separate entertainment/dancing area, a dining room, and a full bar. Patrons can enjoy karaoke nights on the stage complete with professional sound and lighting. The restaurant's unique selling points include a private outdoor patio offering stunning views of the Chicago skyline, full bar, high ceilings, private parking, and its convenient location within the building, catering to both the 940 residential units within the building and external clientele. With its liquor license and delectable menu, this establishment promises a lucrative investment opportunity in one of Chicago's most sought-after dining destinations.

Sale Notes

KW Commercial is pleased to present the opportunity to acquire a thriving restaurant space located at 400 E Randolph St, #728, in the prime Lakeshore East area of downtown Chicago.

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Concierge
  • Fitness Center
  • Pool
  • Sauna
  • Security System
  • Elevator
  • Maintenance on site
  • Sundeck

zoning

Zoning Code PUD70 (Ask for Zoning Advisory letter)
PUD70 (Ask for Zoning Advisory letter)
  • Listing ID: 31140302

  • Date on Market: 3/6/2024

  • Last Updated:

  • Address: 400 E Randolph St, Chicago, IL 60601

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