Office Space For Lease @ 505 N Lake Shore Dr

BANKRUPTCY SALE | BANKRUPTCY CASE #21-13730 SUBCHAPTER V-CHAPTER 11, NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION. IN RE: CITÉ, LLC.
QUALIFYING BID DEADLINE: August 1 by 5:00 p.m. (CT)
ON-SITE INSPECTIONS: July 13 & 16 at 10:00 a.m. (CT)
For additional inspection times and dates, please call to schedule an appointment.

This sale represents a once-in-a-lifetime opportunity to establish a restaurant/bar in one of Chicago’s most iconic buildings, Lake Point Tower, famously known as the only high-rise building located east of Lake Shore Drive. Currently operating as Cité, a 142-seat world-class restaurant, this 70th floor, 5,000± SF dining space features floor-to-ceiling windows, highlighting its remarkable 360-degree panoramic views of Chicago’s skyline along Lake Michigan.

The restaurant, which features a full commercial-grade kitchen, is supported by four suites located on the building’s second floor. Those spaces include private offices, kitchen prep areas, a laundry room, walk-in freezers and coolers and various storage areas, totaling 2,650± SF. This is an outstanding turnkey opportunity for both restaurant operators and investors alike. This space offers accomodations for: full service.