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    158 W Grand Ave Chicago, IL 60611

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    For Lease
    Contact for pricing

    Prime retail space in Chicago's vibrant River North neighborhood.

    Property size:
    8,638 SF
    Lot size:
    0.21 Acres

    Property Features for 158 W Grand Ave

    General Information

    Size
    8,638 SF
    Lot size
    0.21 Acres

    Source: Canvas Real Estate Agent Anthony Campagni

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

    Overview

    River North Retail Space Available

    Located in the River North area of downtown Chicago, this retail space offers a sought-after location. River North is known for its popularity as a residential area, experiencing significant population growth over the past 10 years due to new residential high-rise developments. Its proximity to the Loop and Chicago’s lakeshore contributes to high rental demand. The neighborhood is a vibrant seven-day-per-week market, known for its nightlife and entertainment scene, including many of the city’s top restaurants.
    Insight Report Location Intelligence

    Current Use by Public Records

    158 E Grand ... Parking Lot Chicago Website Design Website Designer

    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
    -87.6333947
    Latitude
    41.8918275

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in Chicago's vibrant River North neighborhood.
    Where is this retail space located?
    The property is located at 158 W Grand Ave Chicago, IL.
    What are key features of this property?
    This property features: - Premier River North location in downtown Chicago.; - Proximity to the Loop and Chicago's lakeshore.; - High-rise residential developments with high rents.
    (773) 887-8212
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    Chicago, IL 60611
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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
    158 W Grand Ave Chicago, IL 60611
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