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400 E Randolph St
Chicago, IL 60601 Lakeshore East

$650,000 USD

Apartments Condo For Sale  •  2,436 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,368,143 SF
  • Lot Size 2.45 AC
  • Building Class B
  • Year Built 1963
  • Zoning PUD70
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
7th Floor - Unit 728 Retail 2,436 SF $650,000 USD
  • Unit Size: 2,436 SF
  • Condo Use: Retail
  • Price: $650,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $266.83 USD
Description
Second-Generation Restaurant Condo

Sale Notes
Positioned in the heart of Chicago's vibrant New East Side neighborhood, this unique commercial opportunity offers approximately 7,300 square feet across two fully equipped restaurant and hospitality spaces. The property includes a former late-night bar and restaurant ready for a new operator, along with a second venue featuring a fitness center, spa, hospitality room, library, hair salon, management office, and public restrooms. Located within a densely populated mixed-use district with an affluent residential base and strong household incomes, the property benefits from exceptional accessibility, just a short walk to Millennium Station, CTA transit options, and multiple bus routes. The larger restaurant space accommodates up to 97 guests and features a full-service kitchen with 10-foot hood, walk-in cooler, walk-in freezer, and extensive FF&E, making it a turnkey opportunity in one of Chicago's premier urban neighborhoods.

Highlights

Former late-night bar and restaurant fully equipped for immediate occupancy
Secondary hospitality venue includes fitness center, spa, library, hair salon, management office, and public restrooms
Average household income of approximately $134,931 within a one-mile radius
Convenient access to CTA rail lines and multiple bus routes
deal for restaurant, hospitality, entertainment, wellness, or adaptive reuse concepts
Prime location within one of Chicago's most sought-after urban neighborhoods

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Concierge
  • Dishwasher
  • Disposal
  • Fitness Center
  • Pool
  • Sauna
  • Security System
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Elevator
  • Maintenance on site
  • Sundeck
  • Built-In Bookshelves
  • Wet Bar

Public Transportation

Commuter RailDriveWalkDistance
Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 3 min 8 min 0.4 mi
Van Buren Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 4 min 16 min 0.8 mi
Transit/SubwayDriveWalkDistance
Chicago Millennium Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 3 min 8 min 0.4 mi
Randolph/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 10 min 0.5 mi
Madison/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 13 min 0.7 mi
Van Buren Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 3 min 15 min 0.8 mi
Adams/Wabash Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 29 min - 13.0 mi
Chicago O'Hare International 56 min - 21.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Surface
Included in Rent: Yes
Manny Regalado 312-730-2029 KW Commercial Chicago
Manny Regalado 312-730-2029 KW Commercial Chicago