324 S Racine Ave, Chicago, IL 60607

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 potentially 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.

324-328 S Racine Ave is located along Racine Avenue in Chicago’s West Loop, one of the city’s most dynamic and rapidly expanding mixed-use neighborhoods. The Property benefits from strong visibility and accessibility within a high-demand corridor that continues to see significant multifamily, boutique retail, and creative office development as West Loop growth extends toward Fulton Market. The area supports a powerful day-to-night population driven by a concentration of acclaimed restaurants, hospitality venues, and major corporate investment, reinforcing consistent demand for quality housing and street-level retail. The site is conveniently positioned near multiple CTA bus routes and offers quick access to the Eisenhower Expressway (I-290) and the Kennedy Expressway (I-90/94), providing efficient connectivity throughout the city and region. Neighboring amenities include the renowned Randolph Street “Restaurant Row” and a deep roster of West Loop dining and retail destinations that continue to strengthen the neighborhood’s appeal.

The West Loop submarket remains a premier destination for residential and mixed-use investment, supported by continued in-migration, sustained rent growth, and an ongoing pipeline of high-quality development. Significant employer presence and expanding office and hospitality footprints have further enhanced the neighborhood’s fundamentals, while continued streetscape improvements and infill projects have elevated the overall pedestrian environment. With a rare combination of transit access, expressway connectivity, and proximity to Chicago’s most sought-after lifestyle amenities, 324-328 S Racine Ave is well positioned to capture ongoing demand and benefit from the continued evolution of the West Loop as a top-tier urban