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115 N Carpenter St
Chicago, IL 60607 Fulton Market

$15,629 USD/MO

Apartments For Lease  •  4,077 SF

Property Details

  • Property Type Apartments
  • Year Built 1994
  • Total Building Size 134,919 SF
  • Building Class B
  • Zoning PD 572
88 Transit Score
98 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 4,077 SF $46.00 USD/SF/YR 
CONFIDENTIAL — DO NOT DISTURB EMPLOYEES
This is an opportunity to purchase the stock and assets of an operating restaurant and bar located in the West Loop/Fulton Market at 111 N Carpenter Street (between Randolph & Washington). The space was formerly La Sardine and is currently operating as Carpenter Street Restaurant.

Premises: 4,077 SF
Condition: Fully gut-renovated in 2023
Buildout Investment: Approximately $1,500,000 by current ownership
Contract Rent: $25,000 per month, all-in

Transaction Details
Key Money: $500,000
Includes all FF&E, licenses, intellectual property, and operating assets necessary to run a restaurant
Real estate is not included
Buyer may continue operating the existing concept or introduce a new concept, subject to landlord approval

Website: https://www.carpenterst.com/

  • Date available: Now
  • Lease term: 8 Years
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description 

Do not disturb employees. This is an opportunity to purchase the stock and assets of an existing restaurant and barin Fulton Market. The space is 3,628 square feet and underwent a gut renovation in 2023. The owners invested $1,500,000 into the buildout and have listed the property for sale. The new buyer will receive all the FF&E, licenses, Intellectual Property, and everything needed to operate a new business here. The new buyer may continue to operate the existing business for cash flow, or install a new concept.

Highlights

Rarely available, Fulton Market Restaurant + Bar
Turnkey Restaurant For Sale
All licenses are transferrable
4,077 square feet

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Energy Star Labeled
  • Heating
  • Doorman
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Bicycle Storage
  • Elevator
  • Freezer

Public Transportation

Commuter RailDriveWalkDistance
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 13 min 0.7 mi
Chicago Union Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra), Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra), SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min 18 min 0.9 mi
Transit/SubwayDriveWalkDistance
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 12 min 0.6 mi
UIC-Halsted Station (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 4 min 13 min 0.7 mi
Clinton Station (Green, Pink Lines) (Green Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
Grand Avenue Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 15 min 0.8 mi
Racine Station (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 4 min 17 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 22 min - 10.9 mi
Chicago O'Hare International 50 min - 20.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Allan Perales 312-852-5526 KAIN Real Estate
Allan Perales 312-852-5526 KAIN Real Estate