Retail Space in
For Lease
Contact for pricing
1221 W Washington Blvd, Chicago, IL 60607
Retail space with built-in demand from residential units.
Space Size2,678 SF
Days on Market147
Property Features for 1221 W Washington Blvd
General Information
Standard status
Active
Size
2,678 SF
Property subtype
RETAIL
Spaces For Lease
at 1221 W Washington Blvd
1227 W Washington Blvd
AVAILABLE, Completion
Floor
1
Size
2,678 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- ±2,678 SF of Prime Ground‑Floor Retail at the base of a 287-unit Residential Tower
- Prominent Washington Boulevard Presence with Exceptional Visibility
- Excellent Access to CTA Transit, Embedded Within a Best‑in‑Class Mix of Office, Dining, Hospitality, and Residential
- Outstanding Branding & Signage Opportunity
- Strategically Positioned in Chicago’s Hottest Submarket
- Q1 2027 Delivery: Residential tower totaling approximately 285K SF
Contact us
Listing Agency:
CBRE | Chicago
(312) 935-1400
Listed By:
Michael Malen · License #475204873
(312) 334-7232
Source:
Moodyscre
Added: May 27
Changed: Oct 4
Last Checked: Oct 19 at 8:50AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The retail space benefits from a substantial daytime population and approximately 287 residential units, which provide a consistent and built-in customer base.
Key Highlights
- Anchored by a dense daytime audience.
- Includes ±287 residential units.
- Consistent demand.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,921
Businesses Nearby
232k
Monthly Visits Nearby
Explore this area
Business Placement
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
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with built-in demand from residential units.
Where is this retail space located?
The property is located at 1221 W Washington Blvd Chicago, IL.
What are key features of this property?
This property features: Anchored by a dense daytime audience.; Includes ±287 residential units.; Consistent demand.
