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Retail Space on Oak Street
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114 East Oak Street, Chicago, IL 60611

3,206 SF retail space with prominent street frontage.

Days on Market250

Property Features for 114 East Oak Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Danny Jacobson
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:26AM

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 retail space offers 3,206 square feet of area. The property features over 18 feet of frontage along Oak Street, providing branding opportunities on two levels. Ceiling heights reach 16 feet to the deck on the first floor and 15 feet to the deck on the second floor. The location is situated in Chicago's most affluent area, which has a daytime population of over 215,000 within a mile. There are over 35 hotels, offering more than 9,000 rooms, within a half-mile radius.

Key Highlights

  • Prime location in Chicago's most affluent area.
  • High daytime population of +215,000 within a mile.
  • Significant branding opportunity on two levels.

Property Analytics

Current Use

Jimmy Choo Clothing & Fashion Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Daycare Center Nursing Home Auto Parts Store Restaurant

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

20,051
Businesses Nearby
274k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Apparel 6% Shops & Services 4% Hotels & Casinos 3%
Starbucks Dining
132,317 visits/mo 0.5 miles
McDonald's Dining
52,443 visits/mo 0.2 miles
Pizanos Pizza Dining
9,491 visits/mo 0.1 miles
Velvet Taco Dining
7,917 visits/mo 0.2 miles
Dunkin' Donuts Dining
7,783 visits/mo 0.3 miles

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

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 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
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Frequently Asked Questions

What type of property is this?
Retail space - 3,206 SF retail space with prominent street frontage.
Where is this retail space located?
The property is located at 114 East Oak Street Chicago, IL.
What are key features of this property?
This property features: Prime location in Chicago's most affluent area.; High daytime population of +215,000 within a mile.; Significant branding opportunity on two levels.
More about this property
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