South Loop – University Center, 501 S. State St., Chicago, IL

Property and Business Description: High profile corner restaurant space in University Center for lease assignment or partnership.
Experience the best of Chicago’s retail and entertainment scene with this second-generation restaurant space. Located across from the Harold Washington Museum, this space is just steps away from State Street’s bustling retail and entertainment corridor, including Chicago’s Theater District and downtown businesses. With its prime location, this mid-rise student housing caters to multiple markets, including office commuters, students, and tourists. Expand your business with the option to lease an adjacent space. Tenant will consider a joint venture or other business arrangements.
Location: South Loop
Set next to Museum Campus and including Printers Row, the large South Loop is a lively hub of classic bars and diverse restaurants, plus longtime clubs Jazz Showcase and Buddy Guy’s Legends. The Motor Row area, designated a Chicago Landmark in 2000, is located on Michigan Ave., just South of Cermak Ave. and West of McCormick Place Convention Center. Buildings in the area were constructed between 1905 & 1936. Throughout the neighborhood’s history, Chicago’s Motor Row has been home to many of Chicago’s big shoulders; including Marshall Field and Al Capone who called 22nd and Michigan Ave. his “home turf”. At the turn of the century, Motor Row was famous for featuring more than 116 different makes of automobiles; they were sold and repaired on this historic district of Michigan Ave.

― Google, choosechicago.com

Lease Rate $33.50/SF NNN OpEx Pro-Rata Share
Size (Approx.) 5,222 – 7,000 SF Zone PD807
Property Taxes Pro-Rata Share

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501 South State Street

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Contact

Juan Carlos Gomez
Principal
312-575-0480 Ext. 111
juancarlos@kudangroup.com

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501 S. State St., Chicago, IL

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