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- LoopNet Team
868 N Franklin St
Chicago, IL 60610
Unique Opportunities For Multiple Tenants · Property For Lease
HIGHLIGHTS
- Building is also for Sale at $2,995,000
- Long-Time Home of the Nationally Acclaimed, Chef-Driven MK Restaurant with Incredible Existing Restaurant Infrastructure and Build-Out
- Fantastic Location in Chicago's Hot River North Neighborhood
- Fully-Fixtured Restaurant Property with Additional Development Value and Potential
- Existing C1-5 Zoning Allows for a Variety of Uses as Well as Approximately 24,000 SF of New Building Without Zoning Relief
- Located in a Designated TOD Area for New Development Allowing for Minimal Parking Requirements
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 9,600 SF |
| Property Subtype | Restaurant | Year Built/Renovated | 1921/2013 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,600 SF |
| Year Built/Renovated | 1921/2013 |
ABOUT THE PROPERTY
SVN | Chicago Commercial is pleased to present this very unique former restaurant building in Chicago's red-hot River North neighborhood for lease. This property consists of approximately 5,715 square feet at and above grade along with a 3,874 square foot full-height lower level. The building has both a mezzanine level and a second level providing even more floor space. This dynamic space features soaring ceilings with a bow truss roof in the main area, a massive skylight, exposed brick and timber beams throughout, two upscale ADA restrooms, and the potential for an outdoor patio. The property lends itself perfectly for a wide variety of users including a restaurant or commercial kitchen (substantial infrastructure is already in place), office space, medical offices, salon, spa, fitness, gallery, showroom, childcare, or school…just to name a few. Multiple tenant configurations are possible within the building. The entire property is also available for lease or sale.
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