| Property Description: Historical landmark corner duo-level restaurant and lounge available. |
| Position your concept inside one of Chicago’s most storied landmark buildings — Tree Studios, an artistic sanctuary dating back to 1894 and now neighboring the temporary Bally’s Casino, delivering exceptional built-in traffic and visibility. This architecturally significant space offers irreplaceable character rarely found in today’s market. Expansive grand windows, soaring ceilings, and a striking Art Deco bar create a dramatic focal point that immediately transports guests to another era.
The high-occupancy venue also features a lower-level speakeasy-style lounge, historically home to live performances. Recently restored, the space honors its original craftsmanship with preserved stone walls, custom millwork, and reimagined wooden cabinetry used as display niches — all contributing to a warm, immersive atmosphere ideal for experiential hospitality concepts. Included in the offering are the highly coveted Tavern and Public Place of Amusement Licenses, allowing for late-night operations and entertainment programming rarely obtainable in Chicago. Showings are strictly by appointment accompanied by the listing agent. Do not disturb or approach the operating business. |
| Location: River North |
 River North is among the Chicago neighborhoods that showcases some of the Windy City’s cosmopolitan flair. Whether it’s during the day or at night, this neighborhood located right on the edge of the Chicago Loop is regularly bustling with pedestrian traffic passing below the L rail and through blocks full of structures ranging from low-rise and repurposed commercial buildings from before the mid-20th century to sleek and modern high-rises with glass, concrete and steel exteriors. Residents here can leave their homes and travel on foot to a variety of destinations that include art galleries, the Chicago Riverwalk for brunch meetups and the House of Blues for some memorable times. Or they can go kayaking at night on the Chicago River and marvel at the projection of a digital art display on the Mart, an impressive and nearly century-old art deco style building and one of the most significant structures in this part of the city.
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| Purchase Price | Negotiable | Property Taxes | N/A |
| Lease Rate | Negotiable | OpEx | N/A |
| Size (Approx.) | 6,200 SF | Licenses | Retail Food, Tavern and PPA |
Downloads
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| Marketing Material | |||
Pictures
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360° Virtual Tours
| Interior – Ground Level Dining |
| Interior – Lower Level Lounge |
| Exterior – Street View |
Contact
 Monica PalermoBroker 312-575-0480 Ext. 115 monicapalermo@kudangroup.com Monica is the Designated Agent of this listing. |
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 Juan Carlos GomezPrincipal 312-575-0480 Ext. 111 juancarlos@kudangroup.com |
Inquire
| River North – 601 N. State St., Chicago, IL |
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