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123 E Cermak Rd
Chicago, IL 60616 South Loop

$15,441 USD/MO

Restaurant For Lease  •  5,294 SF

Property Details

  • Property Type Restaurant
  • Year Built 2018
  • Total Building Size 82,640 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning PD 1153
83 Transit Score
95 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 105 Retail 5,294 SF $35.00 USD/SF/YR
This offering is for the sale (key money) of a fully built-out restaurant business and its assets only. The real estate is not for sale.Buyer will acquire the FF&E, improvements, licenses (to the extent transferable), and assume the existing restaurant lease, subject to landlord approval. This is a rare opportunity to step into a high-quality, second-generation restaurant space with substantial infrastructure already in place.

Confidential offering. NDA required. DO NOT DISTURB EMPLOYEES.

  • Date available: Feb 2026
  • Lease term: None
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Sublet

Description

This offering is for the sale of a fully built-out restaurant business and its assets only. The real estate is not for sale.Buyer will acquire the FF&E, improvements, licenses (to the extent transferable), and assume the existing restaurant lease, subject to landlord approval. This is a rare opportunity to step into a high-quality, second-generation restaurant space with substantial infrastructure already in place.

Confidential offering. NDA required. Do not disturb employees.

Highlights

5,294 SF Prime Corner Location
Purchase Assets of Turnkey Restaurant
High-quality, second-generation restaurant space
Key Money: Please contact Allan Perales. NDA Required.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
McCormick Place Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 6 min 9 min 0.5 mi
18th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min 15 min 0.8 mi
Transit/SubwayDriveWalkDistance
Cermak-Chinatown Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 8 min 0.4 mi
McCormick Place Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 6 min 10 min 0.5 mi
18th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min 15 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 15 min - 9.8 mi
Chicago O'Hare International 32 min - 20.1 mi
Allan Perales 312-852-5526 KAIN Real Estate
Allan Perales 312-852-5526 KAIN Real Estate