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    144 W Erie St Chicago, IL 60654

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    For Lease
    Contact for pricing

    New construction retail space in Chicago's River North area.

    Property size:
    2,283 SF
    Lot size:
    0.28 Acres

    Property Features for 144 W Erie St

    General Information

    Size
    2,283 SF
    Lot size
    0.28 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Kelly Nickele

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

    Overview

    River North Retail Space Available

    This 2,283 square foot new construction retail space is available for rent at the corner of Erie and LaSalle Streets in Chicago’s River North trade area. The space is positioned on a hard corner at the base of the new Margaux condominium building, which houses 31 luxury units with a median list price of $1.7 million. The property features over 80 feet of wraparound brand building exposure and extensive 16-foot sidewalks suitable for outdoor seating. The space is black iron capable. It is located within walking distance of the CTA Brown Line Chicago Avenue Station, which sees 2 million riders annually. The space is available immediately.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -87.633295
    Latitude
    41.894248

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    FAQs

    What type of property is this?
    Retail space - New construction retail space in Chicago's River North area.
    Where is this retail space located?
    The property is located at 144 W Erie St Chicago, IL.
    What are key features of this property?
    This property features: - Hard corner location at the base of a luxury condominium building (Margaux) in River North.; - **2,283 SF of new construction retail space.**; - Black iron capable with 16’ sidewalks suitable for outdoor seating.
    (630) 954-7327
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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
    144 W Erie St Chicago, IL 60654
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