1212 S. Michigan Ave.
Fully built-out restaurant for lease in prime South Loop location. Aurelio’s Pizza located at the base of a 344 unit high-rise building. Highly visible location (signage on entrance at Michigan Avenue and expansive frontage along Roosevelt Road) in high traffic area with Chicago’s top tourist attractions nearby. The space includes a patio and second floor deck. Included in the lease is black iron, ansul system, hood, sinks and a grease trap. FF&E available for purchase separately.
±5,200 SF Plus Patio and Second Floor Deck
Lease Rate: $65 PSF, Net
Pass-Throughs: $5 PSF (R.E. Tax)
- Min Rentable SF: 5,200
- Max Rentable SF: 5,200
- Lease Price Per Sq. Ft.: $65
- MLS: 12302857
- Building Type: Commercial, Retail, Other
- Number of Stories: 1
- Building Square Feet: 5,200
- Zoning: DX-12
Property Details
- Located by the entrance of the Park Michigan, a 344-unit high-rise building.
- Co-tenant with Snap Fitness and Subway.
- The Michigan & Roosevelt bus stop is in front.
- Densely populated area with high incomes—Population of 52,098 within 1 mile radius earning an average annual income in excess of $139,251. The area features a daytime population in excess of 500,000 people within 1 mile.
- Close to Attractions—Grant Park (20 million visitors annually), Field Museum (1.6 million visitors annually), and Soldier Field (1.4 million visitors annually).
- Traffic count of 16,100 Vehicles per Day on Michigan Ave.
- Traffic count of 20,200 Vehicles per Day on Roosevelt Road.
- Steps to Roosevelt Station L-stop with Red, Orange, and Green lines. The station has 1,945,837 passengers annually (based on 2022 figures)
- Nearby High-Rise Buildings include NEMA Chicago (800 apartments), Michigan Avenue Towers, Sky55 (411 units), One Museum Park East (289 condos), Museum Pointe (205 units), Museum Park Towers, The Paragon (500 units)
- Nearby Businesses include Jewel-Osco, Trader Joe’s, FFC, Jimmy John’s, Giordano’s, Five Guys, and Nepal House.