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Randolph Street Corner Retail Opportunity
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1229 W Randolph St, Chicago, IL

Single-tenant building in Chicago's West Loop/Fulton Market District.

Space Size3,253 SF
Lot Size0.07 Acres
Days on Market1094

Property Features for 1229 W Randolph St

General Information

Standard status Active
Size 3,253 SF
Lot size 0.07 Acres
Property subtype RETAIL

Spaces For Lease

at 1229 W Randolph St Contact us

1229 W Randolph St AVAILABLE, Now

Floor 1
Size 3,253 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Rare opportunity to secure a single-tenant building in high barrier to entry Randolph Street Corridor - Corner building available on Randolph Street in Chicago’s West Loop/Fulton Market District. Steps from McDonald’s 580,000 SF Global Headquarters. Surrounded by major planned and recently delivered residential development. - Building totals 6,506 over two floors; slab on grade - Phenomenal visibility/branding potential with 115’ of wraparound exposure and ability for tenant to customize building façade - Open to all uses including traditional retail, service-oriented retail, medical, and food & beverage
Contact us

1229 W Randolph St AVAILABLE, Now

Floor 2
Size 3,253 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Rare opportunity to secure a single-tenant building in high barrier to entry Randolph Street Corridor - Corner building available on Randolph Street in Chicago’s West Loop/Fulton Market District. Steps from McDonald’s 580,000 SF Global Headquarters. Surrounded by major planned and recently delivered residential development. - Building totals 6,506 over two floors; slab on grade - Phenomenal visibility/branding potential with 115’ of wraparound exposure and ability for tenant to customize building façade - Open to all uses including traditional retail, service-oriented retail, medical, and food & beverage
Contact us
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Paul Bryant · License #471008163
Source: Moodyscre
Added: Oct 26, 2023 Changed: Oct 7 Last Checked: Oct 20 at 9:42PM

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 Mid-America Real Estate Group | Chicago

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Investment Insights

Based on property information with market context.

This is a rare opportunity to lease a single-tenant building in the Randolph Street Corridor. The corner building is located on Randolph Street in Chicago’s West Loop/Fulton Market District, steps from McDonald’s 580,000 square foot Global Headquarters. The surrounding area features major planned and recently delivered residential development. The building totals 6,506 square feet over two floors and is slab on grade. It offers visibility and branding potential with 115 feet of wraparound exposure and the ability for a tenant to customize the building façade. The 3,253 square foot property is open to all uses including traditional retail, service-oriented retail, medical, and food and beverage.

Key Highlights

  • Prime location in the high‑demand Randolph Street Corridor of Chicago's West Loop/Fulton Market District.
  • Exceptional visibility and branding potential with 115' of wraparound exposure and customizable facade.
  • Rare single‑tenant building opportunity.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ankur Chhadia MD Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Clothing & Fashion Store Tanning Salon Adult Day Care

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

6,921
Businesses Nearby
232k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 49% Dining 39% Shops & Services 6% Hotels & Casinos 3%
Target Superstores
112,849 visits/mo 0.5 miles
McDonald's Dining
38,968 visits/mo 0.2 miles
Shake Shack Dining
14,493 visits/mo 0.4 miles
Shell Shops & Services
10,442 visits/mo 0.5 miles
Lou Malnati's Pizzeria Dining
9,016 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 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

Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant building in Chicago's West Loop/Fulton Market District.
Where is this retail space located?
The property is located at 1229 W Randolph St Chicago, IL.
What are key features of this property?
This property features: Prime location in the high‑demand Randolph Street Corridor of Chicago's West Loop/Fulton Market District.; Exceptional visibility and branding potential with 115' of wraparound exposure and customizable facade.; Rare single‑tenant building opportunity.
(630) 954-7354 Call to check price and availability
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