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Prime Retail/Office Space Available
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1051 North Rush Street, Chicago, IL 60611

Luxury retail/office space in the Gold Coast district.

Space SizeContact for details
Days on Market265

Property Features for 1051 North Rush Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Stephen Ansani
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:56AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This highly visible second-floor retail/office space offers 1,984 square feet of luxury space. It features over 125 feet of frontage along Cedar Street and a private lobby off Cedar Street with a dedicated elevator. Ideally located in the heart of The Gold Coast luxury retail district, at the intersection of Rush Street and Cedar Street, the property benefits from its location in Chicago’s most affluent area. The daytime population within a 1-mile radius is over 215,000. The area boasts over 35 hotels (approximately 9,000 rooms) within a half-mile, including The Four Seasons, Waldorf Astoria, The Drake, Ritz-Carlton, Peninsula, Sofitel, Viceroy, and Thompson Hotel.

Key Highlights

  • Prime Gold Coast location at the intersection of Rush Street & Cedar Street.
  • High visibility with over 125' of frontage along Cedar Street.
  • Located in Chicago's most affluent area with a large daytime population (+215,000 within 1 mile).

Property Analytics

Current Use

Vans Clothing Store Midwest Landscape & Design Landscaping

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tattoo & Piercing Shop Nursing Home Restaurant Auto Parts Store

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

15,146
Businesses Nearby

Demographics for 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
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 Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Luxury retail/office space in the Gold Coast district.
Where is this retail space located?
The property is located at 1051 North Rush Street Chicago, IL.
What are key features of this property?
This property features: Prime Gold Coast location at the intersection of Rush Street & Cedar Street.; High visibility with over 125' of frontage along Cedar Street.; Located in Chicago's most affluent area with a large daytime population (+215,000 within 1 mile).
More about this property
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