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111 N Carpenter (Restaurant) 115 N Carpenter St 4,077 SF of Retail Space Available in Chicago, IL 60607
HIGHLIGHTS
- Rarely available, Fulton Market Restaurant + Bar
- All licenses are transferrable
- Turnkey Restaurant For Sale
- 4,077 square feet
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
CONFIDENTIAL — DO NOT DISTURB EMPLOYEES This is an opportunity to purchase the stock and assets of an operating restaurant and bar located in the West Loop/Fulton Market at 111 N Carpenter Street (between Randolph & Washington). The space was formerly La Sardine and is currently operating as Carpenter Street Restaurant. Premises: 4,077 SF Condition: Fully gut-renovated in 2023 Buildout Investment: Approximately $1,500,000 by current ownership Contract Rent: $25,000 per month, all-in Transaction Details Key Money: $500,000 Includes all FF&E, licenses, intellectual property, and operating assets necessary to run a restaurant Real estate is not included Buyer may continue operating the existing concept or introduce a new concept, subject to landlord approval Website: https://www.carpenterst.com/
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Turnkey Restaurant For Sale
- All licenses are transferrable
- Fully Built-Out as a Restaurant or Café Space
- High End Trophy Space
- Rarely available, Fulton Market Restaurant + Bar
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 4,077 SF | 8 Years | $63.45 CAD/SF/YR $5.29 CAD/SF/MO $258,695 CAD/YR $21,558 CAD/MO | Retail | Full Build-Out | Now |
1st Floor
| Size |
| 4,077 SF |
| Term |
| 8 Years |
| Rental Rate |
| $63.45 CAD/SF/YR $5.29 CAD/SF/MO $258,695 CAD/YR $21,558 CAD/MO |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 4,077 SF |
| Term | 8 Years |
| Rental Rate | $63.45 CAD/SF/YR |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
CONFIDENTIAL — DO NOT DISTURB EMPLOYEES This is an opportunity to purchase the stock and assets of an operating restaurant and bar located in the West Loop/Fulton Market at 111 N Carpenter Street (between Randolph & Washington). The space was formerly La Sardine and is currently operating as Carpenter Street Restaurant. Premises: 4,077 SF Condition: Fully gut-renovated in 2023 Buildout Investment: Approximately $1,500,000 by current ownership Contract Rent: $25,000 per month, all-in Transaction Details Key Money: $500,000 Includes all FF&E, licenses, intellectual property, and operating assets necessary to run a restaurant Real estate is not included Buyer may continue operating the existing concept or introduce a new concept, subject to landlord approval Website: https://www.carpenterst.com/
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- High End Trophy Space
- Turnkey Restaurant For Sale
- Rarely available, Fulton Market Restaurant + Bar
- All licenses are transferrable
PROPERTY FACTS
| Total Space Available | 4,077 SF | Apartment Style | Mid-Rise |
| No. Units | 179 | Building Size | 134,919 SF |
| Property Type | Multifamily | Year Built/Renovated | 1994/1996 |
| Property Subtype | Apartment |
| Total Space Available | 4,077 SF |
| No. Units | 179 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 134,919 SF |
| Year Built/Renovated | 1994/1996 |
ABOUT THE PROPERTY
Do not disturb employees. This is an opportunity to purchase the stock and assets of an existing restaurant and barin Fulton Market. The space is 3,628 square feet and underwent a gut renovation in 2023. The owners invested $1,500,000 into the buildout and have listed the property for sale. The new buyer will receive all the FF&E, licenses, Intellectual Property, and everything needed to operate a new business here. The new buyer may continue to operate the existing business for cash flow, or install a new concept.
NEARBY MAJOR RETAILERS
Presented by
KAIN Real Estate
111 N Carpenter (Restaurant) | 115 N Carpenter St
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