CHICAGO IL 320 SOUTH MICHIGAN AVENUE - CoStar...
Transcript of CHICAGO IL 320 SOUTH MICHIGAN AVENUE - CoStar...
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Retail
Future2nd FlrStair
Dn.
Chiller
Door O
peratorButton
Door O
perator Button
Door Bell &
intercom w
/w
iring to Retail
Space.
Stair 3
Slope
Corridor
FutureB
smt
Stair
Floors 1-6
3Hr
DN
2R
Slope
Slope
F.D.
Dn.
Fire Shutter Opng. 12 ft
Wide.
FDFD
LoadingD
ock Slope
Slope
Slope
Slope
Slope
Retail
Loading
Vestibule
Dn
Up
Bollard, 6" steel pipeconcrete filled,painted yellow, Typ.
Stair 4
(1) Berth@
10'wX25'd
Cam
eras placedat 14' m
in. clearheight.
Maitre di
POS
Spare Ware
Vestibule
226
Mezzanine
ResidentialElevator
ResidentialElevator
Stair 3
New
1HR
Partition
Open to Below
Upper LevelRetail
FDFD
42" Guardrail
UP
20RD
N21R
Elev#2
Slope
Slope
Slope
Slope
Slope
Slope
SlopeSlope
Slope
Slope Stair 4
Parking Open To B
elow
Dn
Up 2R@ 6 1/2"
Up
Dow
n to1st FloorD
iningD
n 2R
B31
New
Pile Foundation.See StructuralD
rawings for D
etails
Existing foundationsform
previousstructure.
ElectricalR
oom
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alk InPit
MachineR
oom Mechanical
FutureB
smt
Stair
AshlarM
asonryFoundationW
all.
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oncreteSpreadFootings(VIF)
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p
Concrete foundation w
alland footing providedunder separate perm
it.
UP
6x6 Nom
Heavy Tim
berposts for bracing of 1stFloor D
eck.
Electrical Equipment
New
Colum
nsabove
New
Pile Foundation Group.
Refer To Structural D
rawings for
additional Layout information
and clearance requirements,
Typical.
Cast Iron D
rainPiping N
om 5'-4"
AFF.
UP
InactiveStorage
LOCATION
West block between East Jackson Boulevard and East Van Buren Street
SPACE
Ground Floor 6,126 SF
Mezzanine 2,082 SF
Lower Level 2,145 SF
Total 10,353 SF
FRONTAGE
35 FT on South Michigan Avenue
POSSESSION
Immediate
TERM
Long term
NEIGHBORS
The Art Institute of Chicago, The Chicago Club, Seven Lions, The Gage, Congress Plaza Hotel, Blackstone Hotel, Starbucks, Acanto, Shake Shack and Chicago College of Performing Arts
COMMENTS
Flagship restaurant opportunity along South Michigan Avenue in Chicago’s East Loop
The property is located across the street from Grant Park and is in close proximity to both Millennium Park (4.5 million visitors per year) and the Art Institute of Chicago (2 million visitors per year)
Five institutions of higher education are located within a two-block radius of the property encompassing 58,000 students
Black iron infrastructure in place
Outdoor seating available
SPACE DETAILSGROUND FLOOR
MEZZANINE
LOWER LEVEL
6,126 SF
2,082 SF
2,145 SF
SOUT
H M
ICHI
GAN
AVEN
UE35
FT
AREA MAP
GRANTPARK
PARK
MILLENNIUM
PARK
PRUDENTIAL
PLAZA
AONCENTER
ARTINSTITUTE OFCHICAGO
EAST JACKSON DRIVE
EAST SOUTH WATER STREETWEST WACKER DRIVE
EVIR
D SU
BM
ULO
C HT
UOS
WEST WACKER LOWER DRIVE
AAA Insurance
Walgreens
CHICAGOCULTURALCENTER
Chase
Orchestra Hall
Pazzo’s
Tokyo Lunch
ROOSEVELTUNIVERSITY
National Louis University
The School of theArt Institute of Chicago
My Chicago
That's Our Bag
Precious Possessions
Arts & Artisans
A'gaci Fashions
Acanto
PaulineBooks & Media
Chicago Athletic Club Hotel
The Gage
Remington's
George Mitchells Artists Cafe
Sweetwater Tavern & GrillRENAISSANCEHOTELS
THE WITHOTEL
HAROLD WASHINGTONCITY COLLEGE
®
ORIENTALTHEATER
BLOCKTHIRTYSEVEN
THE HERITGAEAT MILLENNIUM
PARK
SULLIVANCENTER
PALMERHOUSEHILTON
HOTEL BURNHAM
THE CHICAGO THEATER
VIRGINHOTEL
THE JOHN MARSHALL LAW SCHOOL
Robert Morris University Campus Store
ROBERTMORRISCENTER
DEPAULUNIVERSITY
Chuck’sManufacturing
Miss Ricky’s
The Goddess and Baker
City PizzaLa Bamba
Peach & Green
EAST LAKE STREET
EAST BENTON PLACE
EAST ADAMS STREET
WEST COUCH PLACE
EAST WASHINGTON STREET
EAST JACKSON BOULEVARD
WEST ADAMS STREET
WEST MONROE STREET
WEST RANDOLPH STREET EAST RANDOLPH STREET
WEST QUINCY STREET
EAST MADISON STREET
EAST VAN BUREN STREETWEST E
UNEVA
HSA
BA
W HT
UOS
NO
RTH
WA
BA
SH A
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EAST MONROE DRIVE
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OSTETS HT
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EAST RANDOLPH LOWER STREETEAST RANDOLPH SUB STREET
EAST WACKER PLACE
TR
UO
C D
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G HT
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RTH
STA
TE S
TREE
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EAST WACKER DRIVEEAST RIVERWALK SOUTH
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Annual Ridership: 1,259,200
Annual Ridership: 2,178,273
Annual Ridership: 3,046,598
Annual Ridership: 3,246,386
Annual Ridership: 2,110,879
Annual Ridership: 2,215,179
Annual Ridership: 2,612,680
Annual Ridership: 2,459,473
Metra: Millennium Station
Annual Ridership:
3,043,560
Annual Ridership: 3,043,560
Atwood Cafe Toni Patisserie & Cafe
Flight 23
Fox’s Designer Off-Price
Designer Warehouse
Porkchop Tessori
Annual Ridership: 3,175,903
Annual Ridership: 2,098,494
Beef and Brandy
Designs by Rosa
Brando’s
Spa on State
Speakeasy
FunksBarbershop
0 0.03 0.060.015Miles
EAST LOOPCHICAGO, IL
RKF 353 North Clark Street, Suite 2050, Chicago, IL 60654 | T 312.698.8880 | F 312.276.4352 | [email protected] | www.rkf.com© 2015 RKF Group Illinois LLC All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modifications, removal of the listing from sale or lease, and to any listing conditions, including the rates and manner of payment of commissions for particular offerings imposed by RKF Group Illinois LLC or principals, the terms of which are available to principals or duly licensed brokers. This information may include estimates and projections prepared by RKF Group Illinois LLC with respect to future events, and these future events may or may not actually occur. Such estimates and projections reflect various assumptions concerning anticipated results. While RKF Group Illinois LLC believes these assumptions are reasonable, there can be no assurance that any of these estimates and projections will prove to have been correct. Therefore, actual results may vary materially from these forward-thinking estimates and projections. Any square footage dimensions set forth are approximate.
LEGENDRETAIL
BAR/RESTAURANTOTHERHOTEL
COMING SOON
CTA ‘L’ STOP
320 SOUTH MICHIGAN AVENUE
COMING SOON
AREA PHOTOS
353 NORTH CLARK STREET SUITE 2050 CHICAGO, IL 60654312.698.8880 [email protected] RKF.COM
© 2016 RKF GROUP ILLINOIS LLC All information is from sources believed reliable, not independently verified, and thus subject to errors, omissions, and modifications such as price, listing, square footage, rates and commissions. All information, estimates and projections subject to change, market assump-tions, unknown facts and conditions, and future potentialities. RKF makes no express or implied representations or warranties, as facts and results may vary materially from all information, estimates and projections.
All renderings presented are conceptual.
The Art Institute of
Chicago
CONTACT AGENTSROSS MODJESKA312.416.5574 [email protected]
STEVE SCHWARTZ312.698.7882 [email protected]
ESTIMATED DAYTIME POPULATION
1/4 mile 27,691
1/2 mile 167,773
3/4 mile 371,727
1 mile 499,564
AVERAGE HOUSEHOLD INCOME
1/4 mile $136,611
1/2 mile $109,639
3/4 mile $116,843
1 mile $131,382
TOTAL HOUSEHOLDS
1/4 mile 603
1/2 mile 4,623
3/4 mile 16,078
1 mile 29,352
2014 numbers
320 SOUTH MICHIGAN AVENUECHICAGO IL
AREA DEMOGRAPHICS
320 SOUTH MICHIGAN AVENUE