Retail/Office/Restaurant For Sale

260 E Chestnut St, Unit 4, Chicago, IL 60611

Overview

Price:$995,000
Building Size:41,250 SF
Property Type:Retail/Office/Restaurant
Total Lot Size:41,250 SF
Year Built:1965

Highlights

  • Walk to Water Tower, Michigan Ave, Museum of Contemporary Art, Water Tower Place, Northwestern Hospital, Lake Shore Park and Lakefront
  • Easy access to Lake Shore Drive both North and South Bound
  • 6 Bus Stops within 1 block
  • Within 3 blocks to 6 Hotels including; The Drake, Knickerbocker, Hilton Mag Mile, Residence Inn, Dewitt and Raffaello
  • Walking Distance to the Chicago/State “L” Station
  • Public and Private Parking on Premises

Description

Just east of the "Mag Mile" and just west of Lake Michigan, 260 E. Chestnut is a Gold Coast "hidden gem". This is a perfect location for a variety of

uses; Fine Dining Restaurant (this location has been a French restaurant since 1967), Tech Office, Professional Office, Salon, Retail, Bar, Coffee House, Grocery, Medical Clinic, Fitness Center, Dry Cleaner and so much more. This is a fee simple commercial condo on the first floor with a lobby entrance and a huge picture window facing the lake. The total space of 3,672sf breaks down as follows: 2,900sf main interior space includes a restaurant kitchen, first floor restaurant seating area, full bar and bar seating area, closet/storage, second floor additional restaurant seating area, private bathrooms, storage and office; 548sf basement private room for added storage which includes a walk-in cooler, a walk-in freezer, air-conditioning mechanicals; 224sf garage outside of the building's first floor for additional storage and containment of dumpsters and grease refuse. Walk to Water Tower, Michigan Ave., and Lakefront. Tons of foot traffic! Space is currently leased on a month to month basis.

Proof of funds is mandatory prior to scheduling a showing. Do Not Disturb the tenant or employees.

Location

Gold Coast

Contact Broker

Mark Kishtow
Senior VP, Investment Sales
Jameson Commercial

Office312.867.2265
Fax312.335.0886

Powered by Buildout