Search
Luxury Hotel Retail Opportunity
For Lease
Contact for pricing

1 E Wacker Dr, Chicago, IL 60601

Retail space available at the base of a luxury hotel.

Space Size2,215 SF
Days on Market167

Property Features for 1 E Wacker Dr

General Information

Standard status Active
Size 2,215 SF
Property subtype OFFICE

Spaces For Lease

at 1 E Wacker Dr Contact us

1 E Wacker Dr $29/SF/Yr

Floor
5
Size
2,215 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
-Brand New Amenity Package Delivering Summer 2024!
Contact us
Listing Agency: Stream Realty Partners | Chicago
Listed By: Mark Gunderson
Source: Moodyscre
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 8 at 5:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stream Realty Partners | Chicago

Investment Insights

Based on property information with market context.

Located at the intersection of Wacker Drive and State Street, 1 West Wacker is a 28-story luxury hotel with 560 rooms, directly overlooking the Chicago River. The property offers an opportunity to join a retail corridor at the base of the hotel. The area features high-end restaurants and retailers, including Chicago Cut, Soul Cycle, Prime & Provisions, AceBounce, Flight Club, and Chase.

Key Highlights

  • Premier location on Wacker Drive at State Street, overlooking the Chicago River.
  • Situated at the base of a 28‑story, 560‑room luxury hotel.
  • Opportunity to join a high‑end retail corridor.

Property Analytics

Current Use

The Lakota Group Urban Planning Department Manhard Consulting General Contractor HNTB Corporation Engineering Consultant TottisLaw Law Firm Robert Marc Chemers Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Pet Grooming Service Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

44,183
Businesses Nearby
368k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 41% Hotels & Casinos 27% Dining 25% Groceries 5%
Nordstrom Apparel
136,729 visits/mo 0.4 miles
McDonald's Dining
65,567 visits/mo 0.5 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.1 miles
Hampton Inn & Suites Chicago Downtown By Hilton Hotels & Casinos
26,716 visits/mo 0.3 miles
Hyatt Place Chicago/River North Hotels & Casinos
22,052 visits/mo 0.4 miles

Demographics for 60601, IL

15,814
Population
10,727
Households
1.5
Avg Household Size
36
Median Age
86%
College-Educated
95%
High-School Grad
0.4 sq mi
ZIP Area
39,535
Density / Sq Mi
$127,323
Median Household Income
$100,078
Median Earnings
$2,451
Median Rent
$495,400
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
8,322 SF
Avg Space Size

This space is priced 11% above the average of $26.1 /SF/Yr.

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available at the base of a luxury hotel.
Where is this retail space located?
The property is located at 1 E Wacker Dr Chicago, IL.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Premier location on Wacker Drive at State Street, overlooking the Chicago River.; Situated at the base of a 28‑story, 560‑room luxury hotel.; Opportunity to join a high‑end retail corridor.
(312) 307-1904 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message