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13481878
13483099

311 N SANGAMON ST, CHICAGO, IL 60607

SC
IL 481011345
33 Realty LLC
Listed by 33 Realty LLC
Undisclosed Rate
9 days on market
Updated 8 days ago

311 N SANGAMON ST CHICAGO IL 60607

Building Details
Property Type Retail, Restaurant
Tenancy Single
Total Building SqFt 7,650
Year Built 1881

Spaces

FOR IMMEDIATE LEASE | 311 N. SANGAMON | FLAGSHIP RESTAURANT & RETAIL OPPORTUNITY IN FULTON MARKET

Building description

311 N. Sangamon presents a rare flagship restaurant, retail, and experiential hospitality opportunity in the heart of Fulton Market. Positioned on the hard corner of N. Sangamon and W. Wayman, this high-visibility venue offers 6,250 SF on the ground floor plus a 1,400 SF mezzanine ideal for a private lounge, cocktail bar, speakeasy, showroom, or elevated retail concept. With soaring 15'+ ceiling heights, two-sided exposure, and exceptional branding potential, the space delivers the scale, presence, and atmosphere needed for a standout food, beverage, retail, or lifestyle destination.

Existing kitchen and back-of-house areas are complemented by a 6,250 SF basement offering a massive BOH, creating a strong operational foundation. Surrounded by some of Chicago’s most celebrated dining, hospitality, office, and retail destinations, this location sits in one of the Midwest’s most dynamic mixed-use corridors. For operators seeking even greater scale, the property also offers the potential to combine with adjacent 310 N. Peoria for a 10,500 SF flagship floorplate with an elevated covered patio along Wayman.

Building highlights

Investment Highlights

1. Rare Flagship Corner in Fulton Market

311 N. Sangamon offers a high-visibility hard-corner position at N. Sangamon and W. Wayman, placing a restaurant, retail, or experiential operator in the center of one of Chicago’s most active dining, hospitality, and lifestyle corridors.

2. Freestanding Identity with Two-Sided Exposure

Unlike a typical inline retail bay, the property provides standalone presence, two-sided street frontage, and meaningful branding potential, allowing a tenant to create a true destination rather than simply occupy space.

3. Flexible Restaurant, Retail, and Experiential Format

The 6,250 SF ground floor plus a 1,400 SF mezzanine is well-suited for a flagship restaurant, lifestyle retail concept, showroom, private club, entertainment use, or hybrid food-and-beverage retail experience.

4. 1,400 SF Mezzanine for Private Revenue Uses

The mezzanine creates a differentiated second level ideal for a cocktail lounge, speakeasy, private dining room, VIP area, brand activation space, or elevated retail experience.

5. Significant Back-of-House and Operational Support

Existing kitchen and back-of-house areas, together with a full 6,250 SF basement, provide the operational infrastructure needed to support a high-volume food, beverage, retail, or hospitality concept.

6. Licenses and Existing Infrastructure Shorten the Opening Timeline

A Public Place of Amusement license and incidental liquor activity are available to convey, creating a meaningful advantage for operators seeking a faster path to opening in a premier urban market.

7. Expandable to a 10,500 SF Flagship Floorplate

For users seeking greater scale, the property can potentially combine with adjacent 310 N. Peoria to create a 10,500 SF ground-floor flagship with an elevated covered patio along Wayman, offering one of the more distinctive large-format opportunities in Fulton Market.

8. Surrounded by Premier Demand Drivers

The property is surrounded by a deep concentration of acclaimed restaurants, hotels, corporate offices, residential growth, and national retail brands, including Google, The Hoxton, Nobu, Soho House, Time Out Market, Aba, Beatrix, Patagonia, Lululemon, and others.

9. Strong Trade Area Fundamentals

Within a half mile, the trade area benefits from high household income, strong residential density, significant dining and entertainment spend, and continued residential development, supporting both daytime and evening demand.

10. A Platform for a Market-Defining Concept

With its corner visibility, freestanding character, ceiling heights, mezzanine, basement support, license availability, and expansion potential, 311 N. Sangamon offers the physical and locational ingredients for a true flagship restaurant, retail, or hospitality destination.

Listing Contacts

SC
IL 481011345
33 Realty LLC
Listed by 33 Realty LLC

Map

Zoning

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PD-1491 PlannedPlanned Developments
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

Property History

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