Spaces For Lease

at 1221 W Washington Blvd Contact us

1227 W Washington Blvd

Floor

1

Size

2,678 SF

Type

RETAIL

Rate

Contact for pricing

Availability

AVAILABLE, Completion

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

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Listing Agency: CBRE | Chicago Show Phone

Listed By: Michael Malen · License #475204873 Show Phone

Source: Moodyscre

Added: May 27 Changed: Sep 3 Last Checked: Sep 2 at 5:00AM

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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

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

Property Profile

Current Use

Retail space

Suggested Use

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

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

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

Market

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

9,516 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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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.