Luxury Hotel Retail
For Lease
Contact for pricing
1 W Wacker Dr, Chicago, IL 60601
Retail space available at the base of a luxury hotel.
Space Size2,100 SF
Property Size482,300 SF
Days on Market1477
Property Features for 1 W Wacker Dr
General Information
Standard status
Active
Size
2,100 SF
Class
A
Property subtype
Retail
Building Details
Building Size
482,300 SF
Year Built
1991
Tenancy
Multiple
Spaces For Lease
at 1 W Wacker Dr Contact us- Size
- 2,100 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Savills Chicago
Listed By:
Phillip Golding · License #IL
Source:
Crexi
Added: Aug 9, 2022
Changed: Aug 24
Last Checked: Aug 23 at 7:52PM
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 Savills 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
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
44,183
Businesses Nearby
368k
Monthly Visits Nearby
Explore this area
Business Placement
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
$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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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 W Wacker Dr Chicago, IL.
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.
