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Retail Space with Pylon Signage
For Lease
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10234-10242 S Michigan Ave, Chicago, IL

Retail space with high ceilings and pylon signage available for rent.

Space Size8,406 SF
Lot Size1.02 Acres
Days on Market762

Property Features for 10234-10242 S Michigan Ave

General Information

Standard status Active
Size 8,406 SF
Lot size 1.02 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 10234-10242 S Michigan Ave Contact us

66 E 103rd St $12/SF/Yr

Floor
1
Size
8,406 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Co-tenants Chase Bank & AutoZone - Plenty of parking +/- 51,000 sf site - Traffic...
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Listing Agency: Network Commercial Real Estate
Listed By: Neil Haleem · License #37077037778HN
Source: Moodyscre
Added: Aug 8, 2024 Changed: Sep 3 Last Checked: Sep 8 at 6:16AM

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 Network Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail space is located within a site that offers ample parking. The property benefits from a traffic light intersection and pylon signage. Co-tenants include Chase Bank and AutoZone. The space features high ceilings. The property is situated on a site of approximately 51,000 square feet.

Key Highlights

  • Co‑tenants Chase Bank & AutoZone
  • Located at a traffic light intersection
  • Plenty of parking on +/- 51,000 sf site

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Skin Care Clinic Kitchen & Bath Showroom

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Dollar Tree Shops & Services
13,668 visits/mo 0.1 miles
White Castle Dining
11,401 visits/mo 0.0 miles
Church's Chicken Dining
9,720 visits/mo 0.1 miles
Mobil Shops & Services
7,219 visits/mo 0.4 miles
Family Dollar Shops & Services
6,551 visits/mo 0.0 miles

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 54% below 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high ceilings and pylon signage available for rent.
Where is this retail space located?
The property is located at 10234-10242 S Michigan Ave Chicago, IL.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Co‑tenants Chase Bank & AutoZone; Located at a traffic light intersection; Plenty of parking on +/- 51,000 sf site
(708) 927-8000 Call to check price and availability
More about this property
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