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Mike & Eve Del Monte
Direct Office:
847-409-1550
delmonte@delmontehomes.com
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Mike & Eve Del Monte
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Direct Office:
847-409-1550
delmonte@
delmontehomes.com
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SOLD
$2,650,000
Date 06/13/2023

868 N Franklin Street
Chicago, IL 60610

Business Opportunities
Commercial
N/A
Acre Lot
Courtesy: Sperry Van Ness
Home> Illinois> Chicago> 60610
Unique, fully built-out restaurant bldg w/ existing infrastructure & substantial land and air rights for development adding value. As the long-time home of nationally acclaimed MK restaurant, this property is a fully-fixtured restaurant with approximately 5,715 SF above grade along plus a full-height approx. 3900 SF lower level, which contains all back of the house infrastructure for a restaurant. Total SF is 9589. Bldg has mezz & 2nd-level for private dining or other purposes. Space features soaring ceilings w/ bow truss roof in the main dining room, massive skylight, exposed brick & timber beams throughout; 2 ADA restrooms, bar, lounge, and potential for outdoor seating. Property could also be utilized for other uses including a nightclub, venue, banquet, office, medical, salon/spa, fitness, gallery, showroom, childcare, or school. Existing C1-5 zoning allows for 24,000 SF bldg to be constructed on-site w/o any zoning relief. Located in a TOD zone allowing for decreased parking requirements for new resi/mixed-use development. For sale at $2,995,000 or for lease at $35/sf NNN. Lease rate will only be charged on the 5715 SF above grade - lower level is included in the rent - no extra charge.
10845194
Commercial - Business Opportunities, Other
1921
Cook
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Sperry Van Ness
Listings courtesy of MRED as distributed by MLS GRID

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