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    111 W Illinois St Chicago, IL 60654

    For Lease
    Contact for pricing

    Retail space for lease in high-traffic Chicago location.

    Property size:
    1,633 SF
    Lot size:
    0.56 Acres

    Property Features for 111 W Illinois St

    General Information

    Size
    1,633 SF
    Lot size
    0.56 Acres

    Source: JLL - Corporate Agent Joaquin Manriquez

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

    Overview

    Retail Space on Illinois Street

    Available for lease is a 1,633-square-foot retail space located at 111 W Illinois St, Chicago, Illinois. The property offers strong visibility along a high-traffic corridor, with Illinois Street seeing approximately 10,400 vehicles per day. The layout is ideally suited for a fast-casual or quick-service restaurant retrofit, though black iron is not available. The location benefits from a captive daytime and evening audience due to the residential, office, and tourist density in the surrounding submarket. Please contact us for further information.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lameer Group, LLC Business Management Consultant Candace Gelman & Associates Photographer InHub Software Company STARLING Eyewear Corporate Office TAPJETS Inc. - On-Demand ... Airline

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store 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
    -87.6316949
    Latitude
    41.8905843

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in high-traffic Chicago location.
    Where is this retail space located?
    The property is located at 111 W Illinois St Chicago, IL.
    What are key features of this property?
    This property features: - Strong visibility along high-traffic corridor (Illinois St – 10,400 vpd); - Captive daytime and evening audience due to residential, office, and tourist density; - Ideal layout for fast-casual/quick-service retrofit
    (312) 782-5800
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    111 W Illinois St Chicago, IL 60654
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    Chicago, IL 60654
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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
    111 W Illinois St Chicago, IL 60654
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