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Highlights

  • Existing restaurant infrastructure with two hoods and a built-out bar
  • Located in the dynamic West Loop submarket near Randolph Street’s “Restaurant Row”
  • Prominent signage opportunity along Interstate-290 with strong visibility (~165,200 VPD)
  • Surrounded by major retailers, dining destinations, and strong residential density

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,578-4,448 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

Second-generation restaurant opportunity at 324 S Racine featuring 4,600 SF with a large commercial kitchen, two (2) hoods, a built-out bar, and a basement storage area. The opportunity features potential for an outdoor area/patio and highly visible signage facing Interstate-290 (~165,200 VPD), providing strong exposure and brand presence. Well-suited for a variety of food and beverage concepts, the existing infrastructure supports efficient back-of-house flow and accelerated time to open. The space may also be suitable for other uses such as coffee/café, medical/clinic, retail, and other service-oriented concepts, and can be demised to accommodate a range of tenant sizes. Neighboring amenities include the renowned Randolph Street “Restaurant Row” and a deep roster of West Loop dining, entertainment, and retail destinations that continue to strengthen the neighborhood’s appeal.

  • Fully Built-Out as a Restaurant or Café Space
  • Secure Storage
  • Prominent signage opportunity facing I-290
  • Located in-line with other retail
  • Existing restaurant infrastructure
  • Potential exists for outdoor patio and seating
Space Size Term Rental Rate Space Use Condition Available
1st Floor 1,578-4,448 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now

1st Floor

Size
1,578-4,448 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Full Build-Out
Available
Now

1st Floor

Size 1,578-4,448 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition Full Build-Out
Available Now

Second-generation restaurant opportunity at 324 S Racine featuring 4,600 SF with a large commercial kitchen, two (2) hoods, a built-out bar, and a basement storage area. The opportunity features potential for an outdoor area/patio and highly visible signage facing Interstate-290 (~165,200 VPD), providing strong exposure and brand presence. Well-suited for a variety of food and beverage concepts, the existing infrastructure supports efficient back-of-house flow and accelerated time to open. The space may also be suitable for other uses such as coffee/café, medical/clinic, retail, and other service-oriented concepts, and can be demised to accommodate a range of tenant sizes. Neighboring amenities include the renowned Randolph Street “Restaurant Row” and a deep roster of West Loop dining, entertainment, and retail destinations that continue to strengthen the neighborhood’s appeal.

  • Fully Built-Out as a Restaurant or Café Space
  • Located in-line with other retail
  • Secure Storage
  • Existing restaurant infrastructure
  • Prominent signage opportunity facing I-290
  • Potential exists for outdoor patio and seating

Property Facts

Total Space Available 4,448 SF
No. Units 8
Min. Divisible 1,578 SF
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 14,500 SF
Year Built 1894

About the Property

The property at 324-328 S Racine Ave is located in Chicago’s West Loop submarket, near Interstate-290 and within close proximity to Randolph Street. The site is positioned near major retail and dining establishments, including Whole Foods, Target, and numerous restaurants. The surrounding area includes the Illinois Medical District and the University of Illinois at Chicago. The property is zoned C1-3 and offers visibility from a major interstate with significant daily traffic counts.

Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Very bikeable
80/100

Nearby Major Retailers

Starbucks
Title Boxing Club
StretchLab
Pure Barre
CorePower Yoga
barre3
Old Second National Bank
freshii
Le Peep
Nando's
  • Listing ID: 39902127

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 324 S Racine Ave, Chicago, IL 60607

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