RIVER NORTH 1 st & 2 nd Floor Restaurant Space 540 North LaSalle Street Chicago, IL
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1 SPACE OVERVIEW RIVER NORTH 1 st & 2 nd Floor Restaurant Space 540 North LaSalle Street Chicago, IL story building plus lower level, totaling 65,000 sq. ft DX-7 zoning permits almost all commercial uses 1 st and 2 nd floors currently combined totaling 14,320 rentable sq. ft (6,760 on 1 st and 7,560 on 2 nd ) Rent $35 /sq. ft triple net Divisible at higher rent Brand new, high quality restaurant build-out Direct access and fantastic visibility on both LaSalle Street and Ohio Street AREA HIGHLIGHTS High income, dense population Brimming with office buildings, restaurants, hotels, and nightlife EXCEPTIONAL LOCATION on high-traffic corner in Downtown Chicago Ideal site on the busy corner of LaSalle and Ohio Streets with 19.3 million vehicles passing by each year (21,000 per day traveling eastbound on the Ohio Street feeder ramp and 32,000 per day traveling on LaSalle Street). Three short blocks from Interstate 90/94 off the 10-lane Ohio Street feeder ramp a major downtown access point from O Hare, Midway, and the suburbs. On LaSalle Street the major 6-lane thoroughfare through the heart of the Loop central business district Close to public transit routes, including multiple express bus routes and the Red, Brown, and Purple Line L train lines Possible parking on the vacant lot next door for 60 cars (if stacked by a valet), at nearby parking lots, and at the parking meters alongside the building.
2 UNRIVALED LOCATION in the heart of River North RIVER NORTH DISTRICT Central hub boasting Chicago s highest concentration of restaurants, art galleries, and boutiques, including nearby: Rock-n-Roll McDonald s (diagonal on same corner) Hard Rock Café Gino s East Topolobampo by Rick Bayless Maggianos Bustling with the city s vibrant nightlife scene Immediately north of the Loop, close to the Merchandise Mart and the legendary Magnificent Mile Roof view south onto LaSalle Street through the Loop DEMOGRAPHICS ANALYSIS: Roof view south to Merchandise Mart and Willis (Sears) Tower Roof view west to 10-lane Ohio Street feeder ramp of I-90/ Miles 1 Mile 1.5 Miles Total Population 18,028 67, ,583 Total Households 11,678 42,494 76,024 Average HH Value $493,408 $537,138 $496,072 Average HH Income $135,455 $130,523 $129,754 Median Age Total Population White 13,927 (77.3%) 51,060 (75.8%) 91,848 (74.3%) Total Population Black 709 (3.9%) 5,650 (8.4%) 13,861 (11.2%) Total Population Asian 2,221 (12.3%) 7,961 (11.8%) 13,385 (10.8%) Total Population Hispanic 1,301 (7.2%) 3,649 (5.4%) 6,018 (4.9%) Regional Map Total Population Other 694 (3.8%) 1,456 (2.2%) 2,397 (1.9%)
3 STUNNING DESIGN with new restaurant build-out GREAT STREET VISIBILITY Direct access to both LaSalle and Ohio Streets 100 feet of frontage on LaSalle Street and 80 feet on Ohio Street Lobby 1st Floor Bar (Front) 1st Floor Bar (Rear) 1st Floor Dining Area Fantastic signage Floor-to-ceiling windows for expansive interior views Extra-wide sidewalks for potential outdoor seating 2 nd Floor Dining Area 2nd Floor Bar 2 nd Fl. Private Dining EXQUISITE RESTAURANT FINISHES Luxurious black granite surfaces, impeccable oak woodwork, and immaculate marble flooring, hardwood, and carpet throughout One of the Restrooms High ceilings for a spacious feel: 15 feet in lobby with a 3 foot drop ceiling and 12 feet throughout the floors with a 2 foot drop ceiling Beautiful marble restrooms with automatic sinks and toilets on each floor Huge kitchen with existing stainless steel range hoods, two walk-in coolers, and service staircase to second floor.
4 SUPERB FUNCTIONALITY for all restaurant needs EXCELLENT ACCESSIBILITY Multiple entrances on LaSalle and Ohio Streets (a revolving door, an automatic handicapaccessible door, and two sets of double doors) Handicap accessible interior with existing automatic wheelchair lift and two elevators Range Hoods Walk-in Coolers Spacious Kitchen EASY ALLEY ACCESS Wide alley with three entrances along entire south side of property comfortably fits large commercial vehicles Built-in loading dock with automatic lift provides direct supply access to the kitchen BUSINESS OFFICES AND STORAGE Two spacious private business offices with custom desks and built-in shelving Two storage closets and a large service preparation area Wheelchair Lift Service Area & Stairs HIGH QUALITY COMPONENTS Alley & Loading Dock Patron staircase to 2 nd floor and utility staircase connecting kitchen to 2 nd floor dining area Existing stainless steel commercial range hoods with black iron vented to roof Updated high capacity electrical service, lighting control panels and security cameras Separate HVAC units for each floor and supplemental electric baseboard heating around all of the windows Two massive walk-in coolers and two top-of-the-line high capacity hot water heaters
5 SPACIOUS floor plans
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