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Fulton Market Retail Opportunity
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1020 West Randolph Street, Chicago, IL 60607

New construction retail space in Chicago's Fulton Market.

Space SizeContact for details
Days on Market264

Property Features for 1020 West Randolph Street

General Information

Standard status Active
Property subtype Retail
Listing Agency:
Listed By: Danny Jacobson
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 12 at 5:10PM

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 Danny Jacobson

Investment Insights

Based on property information with market context.

Located on the northeast corner of Randolph and Carpenter, 1020 West Randolph presents a retail opportunity in the heart of Fulton Market. This new construction building offers 6,259 square feet of second-floor retail space on Randolph Street. The location is home to some of Chicago’s highest-grossing restaurants and is a frequent destination for both tourists and Chicagoans.

Key Highlights

  • Prime Fulton Market location on Randolph Street
  • New construction building
  • 6,259 square feet of second floor retail space**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Buffet Restaurant Clothing & Fashion Store Adult Day Care

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

8,781
Businesses Nearby
321k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Dining 32% Groceries 16% Hotels & Casinos 10%
Target Superstores
112,849 visits/mo 0.5 miles
Whole Foods Market Groceries
48,567 visits/mo 0.3 miles
Punch Bowl Social Dining
48,113 visits/mo 0.3 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.5 miles
Shake Shack Dining
14,493 visits/mo 0.1 miles

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 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
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space in Chicago's Fulton Market.
Where is this retail space located?
The property is located at 1020 West Randolph Street Chicago, IL.
What are key features of this property?
This property features: Prime Fulton Market location on Randolph Street; New construction building; 6,259 square feet of second floor retail space**
More about this property
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