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Unit Size: 2,770 SF
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Condo Use: Retail
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Price: $199,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $71.84 USD
Description
Second-Generation Restaurant in the Iconic Garland Building
Former Home of Heaven on Seven
Property Overview:
An extraordinary opportunity to acquire a fully built-out restaurant space in the historic Garland Building, located in the heart of Chicago’s Loop. This second-generation restaurant—formerly the iconic Heaven on Seven—offers a plug-and-play solution with existing infrastructure, an unbeatable location, and a built-in customer base.
- Units: 700 & 703
- Total Size: ±2,770 SF
- Unit 700 & Back Office: ±2,304 SF
- Separate private office: ±528 SF
- Dual walk-in cooler: 13’ x 6’
- Unit 703: ±446 SF
- Walk-in cooler: 7’ x 9’ (8’ tall)
- Private office
- Kitchen equipped with a 13’ Type-1 hood
- Use: Second-generation restaurant with existing buildout
- Building: The Garland Building – 22-story Chicago Landmark office condominium
- Location: Prime Loop corner, directly across from Macy’s, steps from Millennium Park, Michigan Avenue, and State Street retail
- Parking: Valet service available
- Transit: CTA “L” station located at building entrance (Red, Brown, Green, Orange, Pink, and Purple lines)?
Investment Highlights:
- Proven Restaurant History: Former home of Heaven on Seven, operated successfully for four decades
- Plug-and-Play Buildout: Existing kitchen, dining room, dual walk-in coolers, and back-of-house infrastructure ready for immediate occupancy
- Flexible Layout: Includes private offices and dedicated storage/cooler areas, ideal for restaurant operations
- Unbeatable Location: High-profile Loop setting with direct access to office workers, tourists, shoppers, and theater-goers
- Historic Landmark Building: Blends architectural character with modern office/retail synergy
The Space:
Purposefully designed to support high-volume foodservice and delivery operations, this space retains the charm and functionality that supported one of Chicago’s most recognized restaurants for four decades.
- Fully equipped with operational hood system and open kitchen layout
- Separate cold storage room with walk-in coolers and freezer
- Dedicated back-of-house prep and storage area
- Adaptable dining room layout, ideal for fast casual or dine-in service
- Light-filled interior and prominent positioning on the 7th floor of the building
- Perfect for ghost kitchens, catering, concept testing, or traditional full-service dining
- Immediate rebranding or continued use with minimal downtime
Delivery & Office Market Opportunity:
Rather than competing with nearby listings, this restaurant stands out with unmatched access to a massive built-in daytime customer base. The Loop is the largest and densest office district in Chicago, making this a prime delivery-focused location.
- Over 2,810 office buildings totaling 21M+ SF in downtown Chicago
- Within a five-block radius, dozens of Class A & B towers house tens of thousands of professionals daily, including 77 West Wacker, Leo Burnett Building, 333 South Wabash, and Michigan Plaza
- The Garland Building alone includes 170+ office condos, largely occupied by medical, legal, financial, and nonprofit professionals—offering immediate on-site demand
- Direct access to food delivery drivers via CTA “L” and major ride-share/delivery routes
- High-potential for lunch rush, corporate catering, recurring meal plans, and app-based delivery
- Excellent setup for high-demand cuisine types such as Asian, Mexican, Mediterranean, or health-forward fast-casual
- The location could serve as the Loop’s food nucleus for modern delivery-first or hybrid dine-in operations
The Garland Building:
A distinguished presence in the Loop since 1914, the Garland Building was converted to office condominiums in 2005 and remains a popular choice for professionals across industries.
- 22 stories of landmark architecture with updated infrastructure
- 170+ individual office condos with strong occupancy
- Tenant mix: Healthcare, law, consulting, nonprofits, therapists, and financial professionals
- Amenities include seven passenger elevators and a freight elevator
- 24/7 building access and security
- On-site management and concierge services
- Conference space access
- Steam-based HVAC
- Daily janitorial services for common areas
- Professionally managed, clean, quiet, and well-run
Location Highlights:
Positioned for both daytime office demand and evening/weekend tourism, this location offers constant foot traffic and visibility.
- Located on State Street across from Macy’s flagship
- Steps to Millennium Park, Michigan Avenue, the Art Institute, Chicago Cultural Center, and lakefront attractions
- Surrounded by national retailers and eateries including Starbucks, Chick-fil-A, Panera, Walgreens, Five Guys, and Garrett Popcorn
- Prime access point for delivery services and drivers via public transit, with CTA station directly at the entrance
- Walkable to the highest pedestrian corridors in Chicago’s downtown core
- Strong lunch and dinner traffic from both workers and tourists?
Legacy of Heaven on Seven:
From 1980 to 2020, this space was home to one of Chicago’s most beloved restaurants—Heaven on Seven, a Creole/Cajun institution known for its welcoming vibe and hot sauce wall.
- 40-year run with wide recognition across Chicago
- Popular with locals, tourists, and office tenants
- Built-in legacy and goodwill for an incoming operator
- Maintains elements of original charm while offering flexibility for future concepts
Sale Notes
Second-Generation Restaurant in the Iconic Garland Building
Former Home of Heaven on Seven
Property Overview:
An extraordinary opportunity to acquire a fully built-out restaurant space in the historic Garland Building, located in the heart of Chicago’s Loop. This second-generation restaurant—formerly the iconic Heaven on Seven—offers a plug-and-play solution with existing infrastructure, an unbeatable location, and a built-in customer base.
- Units: 700 & 703
- Total Size: ±2,770 SF
- Unit 700 & Back Office: ±2,304 SF
- Separate private office: ±528 SF
- Dual walk-in cooler: 13’ x 6’
- Unit 703: ±446 SF
- Walk-in cooler: 7’ x 9’ (8’ tall)
- Private office
- Kitchen equipped with a 13’ Type-1 hood
- Use: Second-generation restaurant with existing buildout
- Building: The Garland Building – 22-story Chicago Landmark office condominium
- Location: Prime Loop corner, directly across from Macy’s, steps from Millennium Park, Michigan Avenue, and State Street retail
- Parking: Valet service available
- Transit: CTA “L” station located at building entrance (Red, Brown, Green, Orange, Pink, and Purple lines)?
Investment Highlights:
- Proven Restaurant History: Former home of Heaven on Seven, operated successfully for four decades
- Plug-and-Play Buildout: Existing kitchen, dining room, dual walk-in coolers, and back-of-house infrastructure ready for immediate occupancy
- Flexible Layout: Includes private offices and dedicated storage/cooler areas, ideal for restaurant operations
- Unbeatable Location: High-profile Loop setting with direct access to office workers, tourists, shoppers, and theater-goers
- Historic Landmark Building: Blends architectural character with modern office/retail synergy
The Space:
Purposefully designed to support high-volume foodservice and delivery operations, this space retains the charm and functionality that supported one of Chicago’s most recognized restaurants for four decades.
- Fully equipped with operational hood system and open kitchen layout
- Separate cold storage room with walk-in coolers and freezer
- Dedicated back-of-house prep and storage area
- Adaptable dining room layout, ideal for fast casual or dine-in service
- Light-filled interior and prominent positioning on the 7th floor of the building
- Perfect for ghost kitchens, catering, concept testing, or traditional full-service dining
- Immediate rebranding or continued use with minimal downtime
Delivery & Office Market Opportunity:
Rather than competing with nearby listings, this restaurant stands out with unmatched access to a massive built-in daytime customer base. The Loop is the largest and densest office district in Chicago, making this a prime delivery-focused location.
- Over 2,810 office buildings totaling 21M+ SF in downtown Chicago
- Within a five-block radius, dozens of Class A & B towers house tens of thousands of professionals daily, including 77 West Wacker, Leo Burnett Building, 333 South Wabash, and Michigan Plaza
- The Garland Building alone includes 170+ office condos, largely occupied by medical, legal, financial, and nonprofit professionals—offering immediate on-site demand
- Direct access to food delivery drivers via CTA “L” and major ride-share/delivery routes
- High-potential for lunch rush, corporate catering, recurring meal plans, and app-based delivery
- Excellent setup for high-demand cuisine types such as Asian, Mexican, Mediterranean, or health-forward fast-casual
- The location could serve as the Loop’s food nucleus for modern delivery-first or hybrid dine-in operations
The Garland Building:
A distinguished presence in the Loop since 1914, the Garland Building was converted to office condominiums in 2005 and remains a popular choice for professionals across industries.
- 22 stories of landmark architecture with updated infrastructure
- 170+ individual office condos with strong occupancy
- Tenant mix: Healthcare, law, consulting, nonprofits, therapists, and financial professionals
- Amenities include seven passenger elevators and a freight elevator
- 24/7 building access and security
- On-site management and concierge services
- Conference space access
- Steam-based HVAC
- Daily janitorial services for common areas
- Professionally managed, clean, quiet, and well-run
Location Highlights:
Positioned for both daytime office demand and evening/weekend tourism, this location offers constant foot traffic and visibility.
- Located on State Street across from Macy’s flagship
- Steps to Millennium Park, Michigan Avenue, the Art Institute, Chicago Cultural Center, and lakefront attractions
- Surrounded by national retailers and eateries including Starbucks, Chick-fil-A, Panera, Walgreens, Five Guys, and Garrett Popcorn
- Prime access point for delivery services and drivers via public transit, with CTA station directly at the entrance
- Walkable to the highest pedestrian corridors in Chicago’s downtown core
- Strong lunch and dinner traffic from both workers and tourists?
Legacy of Heaven on Seven:
From 1980 to 2020, this space was home to one of Chicago’s most beloved restaurants—Heaven on Seven, a Creole/Cajun institution known for its welcoming vibe and hot sauce wall.
- 40-year run with wide recognition across Chicago
- Popular with locals, tourists, and office tenants
- Built-in legacy and goodwill for an incoming operator
- Maintains elements of original charm while offering flexibility for future concepts