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    801 South Financial Pl Chicago, IL 60605

    For Lease
    Contact for pricing

    Retail space in high-end apartment building with outdoor patio.

    Property size:
    450,267 SF
    Lot size:
    450,267 SF

    Property Features for 801 South Financial Pl

    General Information

    Size
    450,267 SF

    Building Details

    Year built
    2017

    Source: Andrew Rubin Agent Andrew Rubin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    South Loop Retail Storefront Opportunity

    This retail storefront is available for lease at the base of The Elle Apartment Building, situated in Chicago's South Loop neighborhood. The space, previously a coffee shop, is located at the base of a 496-unit high-end rental building along Financial Place. It features floor-to-ceiling windows and an outdoor patio. The building's location is just south of Polk Street, positioned between Wells Street to the west and Clark Street to the east. This presents an opportunity to capitalize on a large captive audience within the apartment building and the surrounding neighborhood. The storefront benefits from excellent natural sunlight. The landlord is motivated to secure a tenant who will serve as an amenity to the building residents.
    Location Intelligence

    Current Use by Public Records

    Theydo Website Designer Dollop Coffee Coffee Shop Zipcar Location Transportation Service The Elle Apartment Building Millennium Cleaners Dry Cleaner

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.632519
    Latitude
    41.8714721

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    FAQs

    What type of property is this?
    Retail space - Retail space in high-end apartment building with outdoor patio.
    Where is this retail space located?
    The property is located at 801 South Financial Pl Chicago, IL.
    What are key features of this property?
    This property features: - Located at the base of The Elle, providing a large captive audience.; - Second-generation cafe space, ready for immediate use.; - Features floor-to-ceiling windows, offering excellent natural sunlight.
    (224) 628-4005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801 South Financial Pl Chicago, IL 60605
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