River North Storefront in Luxury
For Lease
$36 SF/Yr
861 N Larrabee Street, Chicago, IL 60610
Storefront for lease in River North near 600 W. Chicago.
Space SizeContact for details
Days on Market502
Property Features for 861 N Larrabee Street
General Information
Standard status
Active
Property subtype
Commercial
Amenities
Central air
Central Individual Cooling
Building Details
Year Built
2018
Listing Agency:
STRAUSS REALTY LTD
(773) 736-3600
Listed By:
MOSHE WEINBERGER · License #475183341
Source:
Corcoran
Added: Apr 8, 2025
Changed: Aug 21
Last Checked: Aug 21 at 8:33AM
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 STRAUSS REALTY LTD
Investment Insights
Based on property information with market context.
A 1,000 square foot storefront is available for lease within a newer, luxury 42-unit apartment building situated in the River North area. The location is across the street from 600 W. Chicago Avenue, a 1 million square foot office building that serves as the headquarters for Groupon. The property's large storefront windows provide visibility and signage opportunities. Several destinations are within walking distance, including coffee shops, a Target, and a Jewel-Osco, which are approximately a 10-minute walk or 3-minute drive away. The CTA Brown Line at Chicago Avenue is also accessible, about a 10-minute walk or 4-minute drive from the property.
Key Highlights
- High‑visibility storefront in affluent River North location.
- Located across from 600 W. Chicago Avenue (1 million SF of offices, Groupon headquarters).
- Situated in a newer luxury 42‑unit apartment building.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
7,788
Businesses Nearby
155k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 57%
Dining 22%
Shops & Services 20%
Beauty & Spa 1%
Target
Superstores
88,186 visits/mo
0.5 miles
Starbucks
Dining
14,037 visits/mo
0.4 miles
Hooters
Dining
11,095 visits/mo
0.5 miles
Exxon
Shops & Services
10,032 visits/mo
0.5 miles
Chase Bank
Shops & Services
9,590 visits/mo
0.1 miles
Demographics for 60610, IL
43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$26.85 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,535 SF
Avg Space Size
This space is priced 34% above the average of $26.85 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront for lease in River North near 600 W. Chicago.
Where is this storefront property located?
The property is located at 861 N Larrabee Street Chicago, IL.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: High‑visibility storefront in affluent River North location.; Located across from 600 W. Chicago Avenue (1 million SF of offices, Groupon headquarters).; Situated in a newer luxury 42‑unit apartment building.
