8 Turn Key Restaurants for Lease near Gold Coast, Chicago, IL, USA

10 W Hubbard St

Chicago, IL 60654

• Turn Key Restaurant
• Retail for Lease
• $65.36 CAD SF/YR
• 5,295 SF
• 1 Space Available Now

• Air Conditioning
• Security System
• Commuter Rail
• Metro/Subway
• Restaurant

Chicago Retail for Lease - River North

Located in Chicago's River North district, this second-generation restaurant space presents a unique opportunity for businesses. 10 W Hubbard Street presents a prime opportunity for restaurants seeking their next location. This ground-level space is equipped with a range of notable amenities designed to attract restaurateurs. Expansive bi-fold windows open onto a scenic sidewalk café area, providing businesses the ability to benefit from increased patronage during warmer months. The spacious dining room includes a 35-foot bar and boasts a total occupancy of 175 persons. The property features an efficient layout with a fully appointed kitchen that includes a 14-foot hood, dedicated prep and service stations, two walk-in coolers, liquor and dry storage rooms, and a vented dishwashing area. An additional 602-square-foot storage room in the basement offers a large walk-in cooler (6 feet by 6 feet) as well as extra office space. City liquor, food, and PPA licenses are also available for purchase. This restaurant space for lease enjoys a prime location at the center of Chicago’s North River district. Known for its modern appeal, North River draws visitors with its vibrant arts scene and boasts one of the largest clusters of art galleries in the United States outside Manhattan, especially within the River North Gallery District. The neighborhood's dining and nightlife are as varied and impressive as its artistic offerings, presenting a wide range of restaurants, bars, and clubs to suit any preference. River North also has a strong tech presence, attracting professionals with major companies like Google running regional offices here. Notable attractions include the Chicago Riverwalk, the trendy Eataly marketplace, and the historic Green Door Tavern. Area demographics further bolster this neighborhood with a population steadily rising and noteworthy average incomes of $153,058 within a 1-mile radius. The area features a highly educated population, with 80% of residents within a 2-mile radius holding at least a bachelor's degree. Furthermore, this same area encompasses over 591,000 employees.

Contact:

GDP Group

Property Type:

Office

Date on Market:

2026-02-02

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1459-1469 W Irving Park Rd

Chicago, IL 60613

• Turn Key Restaurant
• Retail for Lease
• $23.45 CAD SF/YR
• 2,400 SF
• 1 Space Available Now

Chicago Retail for Lease - Northwest City

Prime 2,400 SF commercial space located on highly trafficked Irving Park Road in Chicago's Lakeview/Wrigleyville neighborhood. Formerly occupied by a restaurant, the space offers excellent visibility, prominent street frontage, and flexible B3-2 zoning that accommodates a wide range of retail, restaurant, office, fitness, entertainment, and service uses. Surrounded by dense residential housing, established businesses, and strong neighborhood demographics, the property benefits from consistent pedestrian and vehicle traffic. Conveniently located near Wrigley Field, the Southport Corridor, CTA transit, and major thoroughfares, providing exceptional accessibility for customers and employees alike. Ideal opportunity for an owner-user or tenant seeking a high-exposure location in one of Chicago's most vibrant commercial corridors.

Contact:

Al Wing

Date on Market:

2026-06-22

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TURNKEY RESTAURANT-BLACK IRON AVAILABLE - 3500-3506 N Broadway St

Chicago, IL 60657

• Turn Key Restaurant
• Retail for Lease
• $71.05 CAD SF/YR
• 1,500 SF
• 1 Space Available Soon

• Air Conditioning

Chicago Retail for Lease - Lincoln Park

Prime Lakeview East restaurant space at the signalized corner of Broadway & Cornelia. Existing second-generation restaurant with full kitchen infrastructure, hood, black iron, grease trap, and existing plumbing. High-visibility corner with strong foot traffic, dense residential population, and immediate access to public transit. Ideal for fast-casual, café, bakery, or neighborhood restaurant concepts.Close to Wrigley Field, Mariano's Jewel, and the Belmont CTA station

Contact:

ERIA LLC

Date on Market:

2026-06-16

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2010 N Damen Ave

Chicago, IL 60647

• Turn Key Restaurant
• Retail for Lease
• $78.15 CAD SF/YR
• 1,100 SF
• 1 Space Available Now

Chicago Retail for Lease - Northwest City

Rare opportunity to lease a turnkey restaurant space in the heart of Chicago’s highly desirable Bucktown neighborhood. Located at 2010 N. Damen Avenue, this approximately 1,100-square-foot commercial space is fully built out for food service and ideally suited for a quick-service restaurant, café, specialty food concept, or grab-and-go operator.

Contact:

SVN | Chicago Commercial

Date on Market:

2026-06-08

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1450 W Webster Ave

Chicago, IL 60614

• Turn Key Restaurant
• Retail for Lease
• $55.42 CAD SF/YR
• 2,100 SF

• Restaurant

Chicago Retail for Lease - North Branch/Goose Island

Fully improved restaurant opportunity available at 1450 West Webster Avenue in the heart of Chicago’s thriving Lincoln Park trade area. The turnkey ground-floor space features an existing restaurant buildout including a small bar, full commercial kitchen, and a fully improved basement equipped for storage, refrigeration, prep, and dishwashing operations. The property offers ±39' of prime frontage along West Webster Avenue with the ability to incorporate a substantial outdoor dining component, creating exceptional street presence and customer visibility. The location benefits from strong surrounding demand drivers including Webster Place, the new Advocate Outpatient Center, and nearby DePaul University, while offering convenient access from across the city via nearby major thoroughfares and public transportation.

Contact:

SVN | Chicago Commercial

Date on Market:

2025-10-23

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Turnkey Restaurant Available in East Lakeview - 420 W Belmont Ave

Chicago, IL 60657

• Turn Key Restaurant
• Retail for Lease
• $43.88 CAD SF/YR
• 2,176 SF
• 1 Space Available Soon

• Air Conditioning
• Security System
• 24 Hour Access
• Fitness Center
• Smoke Detector
• Pool
• Wheelchair Accessible

Chicago Retail for Lease - Lincoln Park

TURNKEY RESTAURANT OPPORTUNITY | EAST LAKEVIEW | BELOW-MARKET LEASE 2,176 SF | 80 Seats | Ground Floor | 42-Story High-Rise Rare opportunity to assume a below-market lease in one of Chicago’s strongest dining corridors, with current total gross rent of approximately $5,600/month compared to submarket averages exceeding $7,400/month NNN for comparable restaurant spaces. Situated along a high-traffic corridor with approximately 18,000–25,000 vehicles per day, the location benefits from dense surrounding residential population, commuter traffic from Lake Shore Drive, and close proximity to Belmont Harbor, the Lakefront Trail, and Wrigleyville. The premises were extensively improved in 2020 with over $600,000 invested into the space, including a fully built-out commercial kitchen, draft beer line system, interior improvements, branding elements, and operational infrastructure. The space also includes two ADA-compliant restrooms, one dedicated garage parking space, and a recently renewed liquor license. Additional intangible and operational assets may be available in connection with the lease assignment, including branding, marketing infrastructure, customer database, digital assets, recipes, and social media presence. Ideal opportunity for an experienced restaurant operator, hospitality group, café concept, cocktail lounge, or experiential food-and-beverage user seeking a high-visibility turnkey location with favorable lease economics. The restaurant remains open and operating. Interested parties are encouraged to visit the restaurant as a customer prior to requesting additional information. Please do not contact ownership or on-site staff directly. All inquiries must remain confidential, as staff has not been informed of the potential transition. PLEASE NOTE: This is not a free lease takeover. A separate purchase price is required for the existing restaurant buildout, furniture, fixtures, equipment, liquor license, branding, operational infrastructure, and related business assets (“Key Money”). Additional details will be provided to qualified parties only. NDA required prior to release of financials or confidential business information. Ownership will only consider qualified, and experienced operators with strong financial qualifications. For additional information, qualified parties may contact: Tuyen Nguyen - tuyenN@crer.com

Contact:

Chicago Real Estate Resources, Inc

Property Type:

Multifamily

Date on Market:

2026-05-20

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1525 N Wells St

Chicago, IL 60610

• Turn Key Restaurant
• Retail for Lease
• $78.15 CAD SF/YR
• 6,578 SF

• Air Conditioning
• Security System
• 24 Hour Access
• Restaurant
• Wheelchair Accessible
• Smoke Detector

Chicago Retail for Lease - Gold Coast/Old Town

Located at 1525 N. Wells in the heart of Chicago’s vibrant Old Town neighborhood, this impeccably built, modern bar. This is a rare opportunity. The previous tenant operated with a full suite of licenses, including a corporate liquor license, PPA license, retail food license, and a sidewalk café permit. The space features approximately 6,578 square feet of interior space with an approved occupancy of 239 guests, plus seating for 42 on the sidewalk café. Boasting 50 feet of prime frontage along Wells Street, the property benefits from excellent visibility and heavy foot traffic, complemented by wide sidewalks ideal for outdoor dining. Inside, the main bar and dining area span an impressive 80’6” in depth and 49’8” in width, with 11-foot ceilings creating an open, airy atmosphere. The centerpiece is a striking rectangular bar offering 72 linear feet of service space—perfect for high-volume operations. This is a high-grossing, fully built-out venue in one of Chicago’s most sought-after hospitality corridors, ready for its next operator.

Contact:

Westward Properties

Date on Market:

2026-04-01

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310 S Halsted St

Chicago, IL 60661

• Turn Key Restaurant
• Retail for Lease
• $30.69 CAD SF/YR
• 5,000 SF
• 1 Space Available Now

Chicago Retail for Lease - Fulton Market/Near West Side

310 S. Halsted is ideally situated in the heart of Chicago’s dynamic West Loop/Fulton Market corridor, just steps from the University of Illinois at Chicago campus. Over the past decade, the neighborhood has experienced some of the strongest population and income growth in the country. Within a half-mile radius, the population now exceeds 19,000 residents, with an average household income of more than $182,000 annually. Between 2015 and 2025, more than 10,000 luxury apartment units are projected to be delivered, underscoring the area’s rapid evolution into a premier destination for upscale living and vibrant commercial activity. Since 2014, approximately 8 million square feet of new office space has been developed, substantially increasing the daytime population and further energizing the neighborhood. The property also offers exceptional connectivity, with convenient access to I-90/94, the CTA Blue Line, nearby Metra stations, and multiple CTA bus routes.

Contact:

SVN | Chicago Commercial

Date on Market:

2026-03-04

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