It will open its doors on Aug. 23.
The store is on Market and 5th Streets near the Powell Street BART station.
RELATED: IKEA to open store in downtown San Francisco this month, defying retail exodus
The store's opening comes amid a flurry of retailers leaving Downtown San Francisco.
Mayor London Breed posted on social media: "The arrival of IKEA is great news for the City's economic recovery that will bring local jobs and excitement to the Union Square area."
IKEA also has locations in Emeryville and East Palo Alto.