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South Loop Retail Space Available
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1147 S Wabash Ave, Chicago, IL

Retail space in a secure, owner-managed South Loop building.

Space Size3,906 SF - 6,500 SF
Lot Size0.50 Acres
Days on Market705

Property Features for 1147 S Wabash Ave

General Information

Standard status Active
Size 3,906 SF - 6,500 SF
Lot size 0.50 Acres
Property subtype OFFICE

Site & Location

Neighborhood South Loop

Spaces For Lease

at 1147 S Wabash Ave Contact us

1147 S Wabash Ave AVAILABLE, Now

Floor 2
Size 3,906 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- 40,000 SF - 15,000 SF Typical Floorplate - 2 Stories - Built 1928 / Redeveloped 2007 - Office, Retail
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1147 S Wabash Ave AVAILABLE, Now

Floor 1
Size 6,500 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located in the South Loop - Owner managed - Secure building with Sentex security system and 24-hour Surveillance - Excellent access to public transportation - Home to Trader Joe’s and Grasshopper Club - Trader Joe's has a surface lot for customers plus ample public parking nearby - Tenant-controlled HVAC - Operable windows - One passenger elevator and one freight elevator
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Listing Agency: Friedman Properties
Listed By: Brian Chernett
Source: Moodyscre
Added: Nov 20, 2024 Changed: Oct 25 Last Checked: Oct 24 at 1:47PM

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 Friedman Properties

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Investment Insights

Based on property information with market context.

This retail space is located in the South Loop, in an owner-managed building. The building is equipped with a Sentex security system and 24-hour surveillance. The property offers access to public transportation. Current tenants include Trader Joe’s and Grasshopper Club. Trader Joe's provides a surface lot for customers, with additional public parking available nearby. The space features tenant-controlled HVAC and operable windows. The building includes one passenger elevator and one freight elevator. The property size is 6,500 square feet.

Key Highlights

  • Secure building featuring a Sentex security system and 24‑hour surveillance
  • Excellent access to public transportation
  • Located in the South Loop

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Trader Joe's Grocery & Convenience Store Dr Matthew Walker Alternative Medicine Practice Dr. Nicole E. ... Physician Prana Pathways, LLC Alternative Medicine Practice Advanced Health Chiropractic ... Alternative Medicine Practice

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Florist Tanning Salon Furniture & Home Goods

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

6,054
Businesses Nearby
228k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 58% Groceries 20% Hotels & Casinos 11% Apparel 8%
Target Superstores
131,620 visits/mo 0.2 miles
Jewel-Osco Groceries
46,012 visits/mo 0.2 miles
H&M Apparel
18,041 visits/mo 0.3 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.3 miles
Best Western Grant Park Hotel Hotels & Casinos
6,261 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 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 - Retail space in a secure, owner-managed South Loop building.
Where is this retail space located?
The property is located at 1147 S Wabash Ave Chicago, IL.
What are key features of this property?
This property features: Secure building featuring a Sentex security system and 24‑hour surveillance; Excellent access to public transportation; Located in the South Loop
(312) 670-9539 Call to check price and availability
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