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New Retail Space in Fulton Market
For Lease
Contact for pricing

1019 West Grand Avenue, Chicago, IL 60642

Ground-floor retail space in a new luxury apartment building.

Space Size3,610 SF
Property Size20,415 SF
Days on Market226

Property Features for 1019 West Grand Avenue

General Information

Standard status Active
Size 3,610 SF
Property subtype Retail

Building Details

Building Size 20,415 SF
Year Built 2026

Spaces For Lease

at 1019 West Grand Avenue
465 N. Carpenter Street
Size 3,610 SF
Type Street Retail
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #471022713
Source: Frontlinerepartners
Added: Mar 6 Changed: Oct 14 Last Checked: Oct 16 at 7:57AM

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 Frontline Real Estate Partners, LLC

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Investment Insights

Based on property information with market context.

This property offers an opportunity to lease ground-floor retail space in a new 72-unit luxury apartment building, scheduled for completion in June 2026. Located at 465 N. Carpenter Avenue in Chicago’s West Loop neighborhood, the property is positioned at the southeast corner of Grand Avenue and Carpenter Street, offering visibility and signage opportunities along the building’s north façade, which fronts the Kennedy Expressway. The location provides exposure to approximately 226,000 vehicles per day on the Kennedy Expressway and 9,000 vehicles per day on Grand Avenue. The West Loop is a fast-growing neighborhood with a population of over 500,000 within three miles and an average household income of over $157,000 within one mile of the property. The retail space will be delivered in vanilla box condition and features floor-to-ceiling windows and black iron compatibility. The property is located within a 1/4 mile west of Interstate-90 and just over one mile north of Interstate-290. Additionally, the property is steps from the Grand Blue Line “L” Station and less than one mile from Ogilvie Transportation Center. Dedicated parking is available with limited availability.

Key Highlights

  • Prime Fulton Market location in a brand‑new 72‑unit luxury apartment building.
  • Exceptional visibility and signage opportunities facing the Kennedy Expressway (226,000 VPD).
  • High‑growth, affluent West Loop neighborhood with strong demographics.

Property Analytics

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Current Use

Allied Valve Inc. Factory

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Restaurant Buffet Adult Day Care Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

7,011
Businesses Nearby
172k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Groceries 22% Shops & Services 13% Apparel 4%
Punch Bowl Social Dining
48,113 visits/mo 0.3 miles
Jewel-Osco Groceries
37,290 visits/mo 0.4 miles
Shake Shack Dining
14,493 visits/mo 0.4 miles
Dunkin' Donuts Dining
12,619 visits/mo 0.4 miles
Starbucks Dining
9,334 visits/mo 0.3 miles

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space in a new luxury apartment building.
Where is this retail space located?
The property is located at 1019 West Grand Avenue Chicago, IL.
What are key features of this property?
This property features: Prime Fulton Market location in a brand‑new 72‑unit luxury apartment building.; Exceptional visibility and signage opportunities facing the Kennedy Expressway (226,000 VPD).; High‑growth, affluent West Loop neighborhood with strong demographics.
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