Seven Restaurant — Sale in Chicago, IL

  • Price: $625K
  • Listing type: For sale
  • Asset type: Business
  • Location: Chicago, IL 60601
  • Size: 1,368,143 SF
  • Year built: 1963

Description

Exclusive Restaurant for Sale – Luxury Lakeshore East, Chicago KW Commercial is pleased to present an exceptional opportunity to acquire Seven Restaurant , a well-established dining venue located within the prestigious 400 East Randolph building in Chicago's luxurious Lakeshore East neighborhood. This 2,425-square-foot commercial condominium is offered at $625,000, inclusive of the real estate, the thriving business, and all furniture, fixtures, and equipment (FF&E). Property Highlights: Prime Location : Situated on the seventh floor of the 954-unit 400 East Randolph residential high-rise, a building renowned for its world-class amenities, including a pool, workout facility, spa, nail salon, library, basketball court, and more. The restaurant is ideally positioned next to the elevators, spa, and gym entrances, ensuring consistent foot traffic from residents and guests. Private Outdoor Seating with Breathtaking Views : The restaurant boasts an exclusive outdoor dining area on the seventh-floor deck, offering unparalleled panoramic views of Millennium Park to the south and the stunning new high-rises of Lakeshore East to the north and west. Established Presence: Serving the community for over twenty-two years, Seven Restaurant is a citywide staple, regularly hosting weekend events that attract patrons from across Chicago. Comprehensive Offering: The sale includes food and liquor licenses, a spacious kitchen, private office, dedicated computer room with Matrix CAT-6 cabling, and a brand-new stage with professional lighting for live performances and karaoke. Modern Upgrades: Recent improvements include new sinks, grill, fryers, extensive shelving, LED lighting, and an updated building HVAC system. The black iron and hood are serviced weekly to maintain optimal operational efficiency. Efficient Operations: Low operating expenses, with heat and air conditioning provided via the association. The property also offers both covered and uncovered private parking options. Iconi

Market Context

This commercial property in Chicago, IL is listed for sale at $625,000 across 1,368,143 SF ($0/SF). The building dates to 1963. It has been on the market for 72 days. Compare it against other commercial property listings for sale in Chicago, IL — view the full market.

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