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Fulton Market Retail Investment Opportunity
For Sale
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Pending

114 North Halsted, Chicago, IL 60661

Fully leased retail condo in Chicago's Fulton Market neighborhood.

Property Size4,900 SF
Days on Market191

Property Features for 114 North Halsted

General Information

Standard status Pending
Size 4,900 SF
Property subtype Retail
Zoning DX-5
Occupancy 100%
Lease Type NNN

Building Details

Year Built 2009
Tenancy Multi
Listing Agency: CBRE - Chicago
Listed By: Dominic Soltero · License #IL 475.153308
Source: Crexi
Added: Feb 11 Changed: Aug 8 Last Checked: Jul 24 at 4:58PM

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.

Located in Chicago’s Fulton Market / West Loop neighborhood, 114-120 N. Halsted Street presents an opportunity to acquire a fully leased urban infill retail investment. The commercial condo spans approximately 4,900 square feet and is occupied by three tenants: Aqua Wine and Spirits, Love You Nail Studio, and Healthy Zu Spa. The property benefits from a weighted average lease term of 5 years, with annual rent increases of 2.5-3%. Situated steps from Randolph Street, the location is within Chicago’s retail corridor, which is home to corporate entities such as Google and McDonald’s, along with restaurants and hotels. The Fulton Market / West Loop area is undergoing expansion, with over 10,000 new residential units and 5 million square feet of office/life science space proposed or under construction.

Key Highlights

  • Fully leased commercial condo in Chicago's Fulton Market/West Loop.
  • Prime location near Randolph Street in a robust retail corridor.
  • Weighted average lease term of 5 years with annual rent increases (2.5‑3%).

Property Analytics

Current Use

Aqua Wine & Spirits (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Buffet Restaurant Clothing & Fashion Store Adult Day Care Tanning Salon (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

17,827
Businesses Nearby
296k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 49% Dining 32% Hotels & Casinos 11% Shops & Services 6%
H Mart Groceries
57,270 visits/mo 0.4 miles
Whole Foods Market Groceries
48,567 visits/mo 0.1 miles
Punch Bowl Social Dining
48,113 visits/mo 0.3 miles
Jewel-Osco Groceries
37,290 visits/mo 0.4 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.2 miles

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value

Market

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 - Fully leased retail condo in Chicago's Fulton Market neighborhood.
Where is this retail space located?
The property is located at 114 North Halsted Chicago, IL.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Fully leased commercial condo in Chicago's Fulton Market/West Loop.; Prime location near Randolph Street in a robust retail corridor.; Weighted average lease term of 5 years with annual rent increases (2.5‑3%).
(913) 909-9529 Call to check price and availability
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